Price for Prefabricated Buildings of Wood in Estonia - 2023
Contents:
- Price for Prefabricated Buildings of Wood in Estonia (FOB) - 2023
- Price for Prefabricated Buildings of Wood in Estonia (CIF) - 2022
- Exports of Prefabricated Buildings of Wood in Estonia
- Imports of Prefabricated Buildings of Wood in Estonia
Price for Prefabricated Buildings of Wood in Estonia (FOB) - 2023
In December 2023, the average prefabricated buildings of wood export price amounted to $26,005 per unit, waning by -5.9% against the previous month. Over the period under review, the export price showed a perceptible curtailment. The pace of growth was the most pronounced in August 2023 an increase of 24% month-to-month. The export price peaked at $34,824 per unit in January 2023; afterwards, it flattened through to December 2023.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Norway ($45,989 per unit), while the average price for exports to the Netherlands ($14,944 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Prefabricated Buildings of Wood in Estonia (CIF) - 2022
The average prefabricated buildings of wood import price stood at $15,621 per unit in 2022, declining by -8.6% against the previous year. Over the last five-year period, it increased at an average annual rate of +4.7%. The pace of growth was the most pronounced in 2021 when the average import price increased by 26%. As a result, import price attained the peak level of $17,084 per unit, and then contracted in the following year.
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 ($43,140 per unit), while the price for Poland ($7,779 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Prefabricated Buildings of Wood in Estonia
In 2022, after three years of growth, there was decline in shipments abroad of prefabricated buildings of wood, when their volume decreased by -2.8% to 24K units. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 6% against the previous year. As a result, the exports reached the peak of 25K units, and then reduced slightly in the following year.
In value terms, prefabricated buildings of wood exports dropped to $507M in 2022. The total export value increased at an average annual rate of +2.9% 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 38%. As a result, the exports reached the peak of $587M, and then fell in the following year.
Export of Prefabricated Buildings of Wood in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 112 | 75.2 | 82.4 | 152 | 10.7% |
Germany | 77.1 | 101 | 149 | 111 | 12.9% |
Norway | 115 | 61.7 | 91.9 | 99.7 | -4.6% |
United Kingdom | 17.6 | 27.1 | 58.4 | 50.1 | 41.7% |
Finland | 52.8 | 52.3 | 37.1 | 36.6 | -11.5% |
France | 25.0 | 23.6 | 31.8 | 19.3 | -8.3% |
Denmark | 3.9 | 9.8 | 9.4 | 17.4 | 64.6% |
Netherlands | 28.5 | 34.1 | 54.2 | 15.1 | -19.1% |
Others | 33.8 | 41.3 | 72.7 | 5.9 | -44.1% |
Total | 465 | 426 | 587 | 507 | 2.9% |
Top Export Markets for Prefabricated Buildings of Wood from Estonia in 2022:
- Germany (5.7K units)
- Sweden (5.2K units)
- Norway (2.8K units)
- United Kingdom (1.9K units)
- Finland (1.2K units)
- Netherlands (1.0K units)
- France (0.8K units)
- Denmark (0.6K units)
Imports of Prefabricated Buildings of Wood in Estonia
In 2022, approx. 844 units of prefabricated buildings of wood were imported into Estonia; with a decrease of -14.7% against the previous year's figure. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, imports reached the peak of 989 units, and then fell in the following year.
In value terms, prefabricated buildings of wood imports contracted notably to $13M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. As a result, imports reached the peak of $17M, and then contracted rapidly in the following year.
Import of Prefabricated Buildings of Wood in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 4.9 | 5.2 | 11.3 | 5.9 | 6.4% |
Finland | 1.3 | 1.2 | 3.4 | 1.4 | 2.5% |
Russia | 0.2 | 0.2 | 0.4 | 0.7 | 51.8% |
Latvia | N/A | 0.3 | 0.8 | 0.3 | 0.0% |
Norway | N/A | N/A | N/A | 0.3 | 0% |
Poland | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Hungary | 1.2 | 1.2 | N/A | N/A | 0.0% |
Netherlands | 0.6 | N/A | N/A | N/A | 0% |
Others | 2.8 | 1.3 | 0.9 | 4.6 | 18.0% |
Total | 11.1 | 9.5 | 16.9 | 13.2 | 5.9% |
Top Suppliers of Prefabricated Buildings of Wood to Estonia in 2022:
- Lithuania (329.0 units)
- Russia (79.0 units)
- Finland (48.0 units)
- Norway (18.0 units)
- Latvia (15.0 units)
- Poland (11.0 units)
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