Estonia - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ready-Mixed Concrete and Factory Made Mortar in Estonia - 2023
Contents:
- Price for Ready-Mixed Concrete and Factory Made Mortar in Estonia (FOB) - 2023
- Price for Ready-Mixed Concrete and Factory Made Mortar in Estonia (CIF) - 2023
- Exports of Ready-Mixed Concrete and Factory Made Mortar in Estonia
- Imports of Ready-Mixed Concrete and Factory Made Mortar in Estonia
Price for Ready-Mixed Concrete and Factory Made Mortar in Estonia (FOB) - 2023
The average export price for ready-mixed concrete and factory made mortars stood at $225 per ton in September 2023, which is down by -10.1% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 53% m-o-m. As a result, the export price attained the peak level of $282 per ton. From January 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($470 per ton), while the average price for exports to Latvia ($156 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ready-Mixed Concrete and Factory Made Mortar in Estonia (CIF) - 2023
In September 2023, the average import price for ready-mixed concrete and factory made mortars amounted to $266 per ton, with a decrease of -27.9% against the previous month. Overall, the import price showed a noticeable contraction. The pace of growth was the most pronounced in December 2022 an increase of 73% against the previous month. As a result, import price reached the peak level of $586 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($719 per ton), while the price for Finland ($206 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ready-Mixed Concrete and Factory Made Mortar in Estonia
For the third year in a row, Estonia recorded decline in overseas shipments of ready-mixed concrete and factory made mortars, which decreased by -3.9% to 16K tons in 2022. Over the period under review, exports showed a abrupt downturn.
In value terms, exports of ready-mixed concrete and factory made mortars expanded slightly to $3.2M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year. As a result, the exports attained the peak of $4.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Ready-Mixed Concrete and Factory Made Mortar in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 835 | 1,298 | 1,238 | 1,327 | 16.7% |
Latvia | 1,425 | 1,136 | 1,123 | 1,059 | -9.4% |
Finland | 202 | 1,445 | 365 | 245 | 6.6% |
Denmark | 117 | 126 | 133 | 234 | 26.0% |
Russia | 15.9 | 4.1 | 96.5 | 211 | 136.8% |
Sweden | 74.0 | 87.2 | 101 | 118 | 16.8% |
Others | 60.3 | 70.4 | 36.6 | 49.4 | -6.4% |
Total | 2,730 | 4,165 | 3,094 | 3,244 | 5.9% |
Top Export Markets for Ready-Mixed Concrete and Factory Made Mortar from Estonia in 2022:
- Latvia (7.9K tons)
- Lithuania (6.5K tons)
- Finland (0.8K tons)
- Denmark (0.6K tons)
- Sweden (0.3K tons)
- Russia (0.3K tons)
Imports of Ready-Mixed Concrete and Factory Made Mortar in Estonia
In 2022, imports of ready-mixed concrete and factory made mortars into Estonia shrank to 4.5K tons, with a decrease of -8.5% against 2021. Over the period under review, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 83% against the previous year. As a result, imports attained the peak of 4.9K tons, and then declined in the following year.
In value terms, imports of ready-mixed concrete and factory made mortars contracted to $1.4M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +74.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 80%. As a result, imports reached the peak of $1.4M, and then reduced in the following year.
Import of Ready-Mixed Concrete and Factory Made Mortar in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 229 | 200 | 374 | 516 | 31.1% |
Lithuania | 24.6 | 63.3 | 316 | 246 | 115.4% |
Latvia | 37.3 | 139 | 244 | 220 | 80.7% |
Norway | 39.2 | 124 | 145 | 157 | 58.8% |
Germany | 288 | 193 | 180 | 138 | -21.7% |
Sweden | 61.9 | 66.8 | 123 | 1.6 | -70.4% |
Others | 305 | 9.4 | 47.4 | 110 | -28.8% |
Total | 984 | 794 | 1,429 | 1,389 | 12.2% |
Top Suppliers of Ready-Mixed Concrete and Factory Made Mortar to Estonia in 2022:
- Finland (1606.0 tons)
- Lithuania (1548.1 tons)
- Latvia (622.9 tons)
- Germany (393.2 tons)
- Norway (233.7 tons)
- Sweden (6.3 tons)
This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23631000 - Ready-mixed concrete
- Prodcom 23641000 - Factory made mortars
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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