Price for Mineral Substances Not Elsewhere Specified or Included in Estonia - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Estonia (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Estonia (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Estonia
- Exports of Mineral Substances Not Elsewhere Specified or Included in Estonia
Price for Mineral Substances Not Elsewhere Specified or Included in Estonia (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $386 per ton in 2022, surging by 7.6% against the previous year. Overall, the import price enjoyed mild growth. The pace of growth was the most pronounced in 2016 an increase of 84%. As a result, import price reached the peak level of $672 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($636 per ton), while the price for Latvia ($184 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Estonia (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $349 per ton, surging by 7.1% against the previous year. Over the period under review, the export price, however, showed a mild contraction. The growth pace was the most rapid in 2021 an increase of 76%. The export price peaked at $506 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($656 per ton), while the average price for exports to Finland ($266 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 Poland (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mineral Substances Not Elsewhere Specified or Included in Estonia
In 2022, overseas purchases of mineral substances not elsewhere specified or includeds decreased by -4.8% to 2K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 69%.
In value terms, imports of mineral substances not elsewhere specified or includeds reached $771K in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 71%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.3 | 29.7 | 271 | 279 | 876.1% |
| Finland | 114 | 154 | 198 | 126 | 3.4% |
| Germany | 54.1 | 166 | 156 | 125 | 32.2% |
| Russia | 74.7 | 53.1 | 56.7 | 91.2 | 6.9% |
| Netherlands | N/A | 0.2 | 0.8 | 76.6 | 1857.0% |
| Latvia | 14.4 | 66.9 | 1.5 | 38.0 | 38.2% |
| Poland | 7.3 | 34.6 | 37.6 | 19.0 | 37.6% |
| Italy | 22.0 | 24.9 | 21.0 | 1.2 | -62.1% |
| Others | 24.3 | 0.8 | 9.5 | 14.4 | -16.0% |
| Total | 311 | 531 | 753 | 771 | 35.3% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Estonia in 2022:
- Lithuania (557.8 tons)
- Russia (438.5 tons)
- Finland (317.7 tons)
- Germany (294.5 tons)
- Latvia (207.2 tons)
- Netherlands (120.4 tons)
- Poland (40.9 tons)
- Italy (3.2 tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Estonia
Exports of mineral substances not elsewhere specified or includeds from Estonia surged to 1.9K tons in 2022, increasing by 367% on the previous year's figure. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of mineral substances not elsewhere specified or includeds skyrocketed to $659K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mineral Substances Not Elsewhere Specified or Included in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 0.4 | 1.1 | 493 | 3410.7% |
| Finland | 2.1 | 4.4 | 48.4 | 76.6 | 231.6% |
| Lithuania | 3.6 | 3.6 | 15.3 | 18.6 | 72.9% |
| Latvia | 6.5 | 8.8 | 11.4 | 17.9 | 40.2% |
| Poland | 6.2 | 3.9 | 9.0 | 12.1 | 25.0% |
| Hungary | 7.4 | 3.7 | 11.2 | 2.7 | -28.5% |
| Ukraine | 98.4 | 21.7 | 8.4 | N/A | -70.8% |
| Others | 18.7 | 14.7 | 27.0 | 38.2 | 26.9% |
| Total | 143 | 61.0 | 132 | 659 | 66.4% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Estonia in 2022:
- Spain (1397.2 tons)
- Finland (288.5 tons)
- Latvia (61.6 tons)
- Poland (30.6 tons)
- Lithuania (28.4 tons)
- Hungary (6.4 tons)
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