Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $7,195 per ton in 2022, with a decrease of -28.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the maximum at $10,099 per ton in 2021, and then declined sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($29,785 per ton), while the price for China ($3,659 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia (FOB) - 2022
In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $19,996 per ton, increasing by 35% against the previous year. Over the period under review, the export price showed modest growth. The growth pace was the most rapid in 2019 when the average export price increased by 117%. As a result, the export price attained the peak level of $29,346 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($72,527 per ton), while the average price for exports to Lithuania ($13,891 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 Romania (+122.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia
In 2022, imports of iron or steel; non-threaded cotters and cotter-pinses into Estonia skyrocketed to 128 tons, picking up by 38% against the year before. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses reduced to $924K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports reached the peak of $936K, and then dropped in the following year.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 62.0 | 256 | 393 | 303 | 69.7% |
| Finland | 63.8 | 97.2 | 118 | 150 | 33.0% |
| China | 52.6 | 22.4 | 18.0 | 117 | 30.5% |
| Sweden | 29.9 | 63.5 | 99.2 | 83.3 | 40.7% |
| Poland | 1.7 | 7.6 | 19.2 | 57.7 | 223.8% |
| Latvia | 9.7 | 47.3 | 74.7 | 52.7 | 75.8% |
| Taiwan (Chinese) | 27.3 | 9.8 | 19.2 | 35.4 | 9.0% |
| Others | 269 | 131 | 194 | 124 | -22.8% |
| Total | 516 | 635 | 936 | 924 | 21.4% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Estonia in 2022:
- Germany (53.6 tons)
- China (32.1 tons)
- Poland (15.6 tons)
- Taiwan (Chinese) (8.1 tons)
- Finland (6.8 tons)
- Latvia (4.7 tons)
- Sweden (2.8 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia
In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel; non-threaded cotters and cotter-pinses, when their volume decreased by -54.8% to 8.1 tons. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 440% against the previous year.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses declined remarkably to $161K in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 269%.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.8 | 65.6 | 99.7 | 61.1 | 223.8% |
| Latvia | 4.4 | 35.6 | 67.3 | 53.8 | 130.4% |
| Czech Republic | N/A | 1.7 | 0.1 | 16.2 | 208.7% |
| Sweden | 12.1 | 14.1 | 16.1 | 13.5 | 3.7% |
| Finland | 4.4 | 2.8 | 4.0 | 2.3 | -19.4% |
| Russia | 5.7 | 7.7 | 62.1 | 0.8 | -48.0% |
| Others | 8.6 | 8.7 | 14.5 | 13.4 | 15.9% |
| Total | 36.9 | 136 | 264 | 161 | 63.4% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Estonia in 2022:
- Lithuania (4.4 tons)
- Latvia (2.4 tons)
- Czech Republic (0.7 tons)
- Finland (0.2 tons)
- Sweden (0.2 tons)
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