Price for Safety Pins and Other Pins; of Iron or Steel in Estonia - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Estonia (CIF) - 2022
- Price for Safety Pins and Other Pins; of Iron or Steel in Estonia (FOB) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Estonia
- Exports of Safety Pins and Other Pins; of Iron or Steel in Estonia
Price for Safety Pins and Other Pins; of Iron or Steel in Estonia (CIF) - 2022
The average import price for safety pins and other pins; of iron or steels stood at $26,513 per ton in 2022, surging by 7.4% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for safety pins and other pins; of iron or steels increased by +70.2% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 59%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($45,383 per ton), while the price for Spain ($5,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Safety Pins and Other Pins; of Iron or Steel in Estonia (FOB) - 2022
In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $10,685 per ton, which is down by -43.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 96% against the previous year. The export price peaked at $21,819 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($75,364 per ton), while the average price for exports to Ukraine ($7,584 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 Lithuania (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Safety Pins and Other Pins; of Iron or Steel in Estonia
In 2022, imports of safety pins and other pins; of iron or steels into Estonia reduced dramatically to 1 tons, dropping by -38.4% against 2021 figures. In general, imports recorded a precipitous descent. The smallest decline of -8.9% was in 2020.
In value terms, imports of safety pins and other pins; of iron or steels declined notably to $28K in 2022. Over the period under review, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 1.5% against the previous year.
| Import of Safety Pins and Other Pins; of Iron or Steel in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1.9 | 12.9 | 14.6 | 10.3 | 75.7% |
| United Kingdom | 5.7 | 10.8 | 0.8 | 3.2 | -17.5% |
| India | 7.9 | 0.3 | 4.0 | 2.7 | -30.1% |
| China | 6.0 | 6.1 | 8.2 | 2.7 | -23.4% |
| Sweden | N/A | 0.2 | 0.9 | 1.7 | 191.5% |
| Hungary | N/A | 0.9 | 1.0 | 1.7 | 37.4% |
| Netherlands | N/A | 0.8 | 1.4 | 1.1 | 17.3% |
| Taiwan (Chinese) | 2.7 | 1.2 | 1.4 | 1.0 | -28.2% |
| Germany | 8.0 | 2.5 | 4.8 | 1.0 | -50.0% |
| Russia | 2.1 | 2.4 | 1.0 | 1.0 | -21.9% |
| Turkey | 0.5 | 0.3 | 0.5 | 0.3 | -15.7% |
| Malaysia | 4.7 | 0.7 | N/A | 0.1 | -72.3% |
| Spain | 11.7 | 0.4 | 0.7 | N/A | -75.5% |
| Others | 14.1 | 1.5 | 2.5 | 0.9 | -60.0% |
| Total | 65.3 | 41.1 | 41.8 | 27.7 | -24.9% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Estonia in 2022:
- Finland (304.0 kg)
- China (158.0 kg)
- Netherlands (109.0 kg)
- United Kingdom (92.0 kg)
- Hungary (67.0 kg)
- India (60.0 kg)
- Sweden (60.0 kg)
- Germany (40.0 kg)
- Taiwan (Chinese) (39.0 kg)
- Russia (38.0 kg)
- Turkey (34.0 kg)
- Malaysia (4.0 kg)
- Spain (1.0 kg)
Exports of Safety Pins and Other Pins; of Iron or Steel in Estonia
In 2022, exports of safety pins and other pins; of iron or steels from Estonia soared to 724 kg, growing by 125% on 2021 figures. Overall, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of safety pins and other pins; of iron or steels soared to $7.7K in 2022. Over the period under review, exports, however, continue to indicate a noticeable contraction.
| Export of Safety Pins and Other Pins; of Iron or Steel in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 3.7 | 3.3 | 3.4 | 5.3 | 12.7% |
| Ukraine | 3.5 | 0.2 | 0.5 | 0.9 | -36.4% |
| Lithuania | 1.0 | 0.7 | 1.2 | 0.8 | -7.2% |
| Sweden | N/A | 0.2 | 0.4 | 0.2 | 0.0% |
| Others | 0.4 | 0.5 | 0.6 | 0.5 | 7.7% |
| Total | 8.7 | 4.9 | 6.1 | 7.7 | -4.0% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Estonia in 2022:
- Latvia (568.0 kg)
- Ukraine (113.0 kg)
- Lithuania (11.0 kg)
- Sweden (10.0 kg)
342
Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
342
Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
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