Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Estonia - 2024

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Estonia (CIF) - 2022
2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Estonia (FOB) - 2022
3. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Estonia
4. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Estonia

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Estonia (CIF) - 2022

The average import price for steel, alloy stood at $1,671 per ton in 2022, with an increase of 9.5% against the previous year. In general, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 73% against the previous year. Over the period under review, average import prices reached the maximum at $9,333 per ton in 2012; however, from 2013 to 2022, 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 Finland ($11,529 per ton), while the price for Belgium ($753 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Estonia (FOB) - 2022

In 2022, the average export price for steel, alloy amounted to $735 per ton, stabilizing at the previous year. In general, the export price saw a slight descent. The pace of growth appeared the most rapid in 2020 a decrease of -6.1% against the previous year. Over the period under review, the average export prices hit record highs at $791 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -1.8% per year.

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Estonia

In 2022, overseas purchases of steel, alloy increased by 83% to 49 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a precipitous slump.

In value terms, imports of steel, alloy soared to $81K in 2022. Over the period under review, imports, however, showed a significant decline.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Estonia in 2022:

1. Belgium (44.6 tons)
2. Finland (4.1 tons)

Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Estonia

Exports of steel, alloy from Estonia totaled 45 tons in 2022, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports recorded a significant curtailment. The smallest decline of 99.9% was in 2021.

In value terms, exports of steel, alloy totaled $33K in 2022. Overall, exports recorded a precipitous shrinkage. The smallest decline of 99.9% was in 2021.

Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils from Estonia in 2022:

1. Netherlands (44.8 tons)

Source: IndexBox Market Intelligence Platform