Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia (CIF) - 2024
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia (CIF) - 2024
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $12,300 per ton in March 2024, surging by 8.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 192% against the previous month. The import price peaked at $13,337 per ton in April 2023; however, from May 2023 to March 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($22,262 per ton), while the price for Finland ($6,587 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Lithuania (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia (FOB) - 2022
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $8,659 per ton in 2022, surging by 21% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 72%. As a result, the export price attained the peak level of $9,233 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($19,583 per ton), while the average price for exports to Germany ($3,490 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia
In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into Estonia reduced to 615 tons, dropping by -10.3% compared with the previous year's figure. Overall, imports saw a abrupt shrinkage. The smallest decline of -0.5% was in 2020.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira dropped notably to $5.4M in 2022. Over the period under review, imports showed a noticeable decrease. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports reached the peak of $7.1M, and then declined remarkably in the following year.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 2.2 | 527 | 1,873 | 1,325 | 744.5% |
| Poland | 995 | 1,159 | 1,306 | 1,260 | 8.2% |
| Italy | 2,586 | 1,438 | 1,556 | 890 | -29.9% |
| China | 435 | 361 | 178 | 561 | 8.8% |
| Denmark | 532 | 930 | 911 | 285 | -18.8% |
| Germany | 250 | 180 | 279 | 231 | -2.6% |
| Belgium | 40.4 | 59.5 | 140 | 225 | 77.3% |
| Sweden | 440 | 342 | 276 | 117 | -35.7% |
| Finland | 36.6 | 52.5 | 40.9 | 99.9 | 39.8% |
| Others | 498 | 520 | 506 | 447 | -3.5% |
| Total | 5,815 | 5,569 | 7,066 | 5,442 | -2.2% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Estonia in 2022:
- China (184.3 tons)
- Poland (131.6 tons)
- Czech Republic (103.8 tons)
- Italy (50.5 tons)
- Belgium (32.6 tons)
- Denmark (31.6 tons)
- Finland (17.3 tons)
- Germany (11.6 tons)
- Sweden (4.6 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia
In 2022, after three years of growth, there was decline in shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira, when their volume decreased by -0.7% to 105 tons. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira surged to $912K in 2022. The total export value increased at an average annual rate of +10.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 360 | 347 | 371 | 405 | 4.0% |
| Latvia | 174 | 137 | 174 | 160 | -2.8% |
| Czech Republic | 2.1 | 4.0 | 18.2 | 136 | 301.6% |
| Finland | 49.0 | 40.3 | 102 | 72.3 | 13.8% |
| Russia | 58.9 | 20.2 | 34.6 | 54.9 | -2.3% |
| Germany | 2.0 | 18.6 | 31.8 | 43.5 | 179.1% |
| Sweden | 13.7 | 20.8 | 5.4 | 23.7 | 20.0% |
| Others | 16.0 | 28.8 | 24.1 | 16.9 | 1.8% |
| Total | 675 | 617 | 760 | 912 | 10.6% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Estonia in 2022:
- Lithuania (39.0 tons)
- Latvia (31.5 tons)
- Germany (12.5 tons)
- Russia (7.2 tons)
- Czech Republic (6.9 tons)
- Finland (5.4 tons)
- Sweden (1.8 tons)
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