Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia (FOB) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia (CIF) - 2022
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia (FOB) - 2022
In 2022, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $11,248 per ton, growing by 32% against the previous year. Overall, the export price, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 59% against the previous year. The export price peaked at $12,408 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($41,463 per ton), while the average price for exports to Finland ($5,965 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 Kazakhstan (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $11,215 per ton in 2022, growing by 50% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($24,765 per ton), while the price for Italy ($4,916 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia
For the fourth year in a row, Estonia recorded growth in shipments abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, which increased by 324% to 487 tons in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $5.5M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 40.0 | 329 | 268 | 4,835 | 394.4% |
| Finland | 493 | 566 | 568 | 476 | -1.2% |
| Others | 103 | 67.2 | 142 | 162 | 16.3% |
| Total | 636 | 963 | 978 | 5,473 | 104.9% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Estonia in 2022:
- Russia (400.4 tons)
- Finland (79.9 tons)
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia
In 2022, approx. 231 tons of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were imported into Estonia; with an increase of 28% on 2021. Overall, imports recorded a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of 80% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $2.6M in 2022. In general, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 447 | 121 | 465 | 870 | 24.9% |
| Germany | 107 | 80.2 | 66.3 | 532 | 70.7% |
| Ukraine | 219 | 22.1 | 24.1 | 386 | 20.8% |
| Finland | 79.9 | 459 | 61.9 | 158 | 25.5% |
| United Kingdom | 1.4 | 0.1 | N/A | 140 | 364.2% |
| France | N/A | N/A | 126 | 115 | -8.7% |
| Poland | 108 | 185 | 105 | 110 | 0.6% |
| Netherlands | 15.7 | 24.4 | 15.3 | 51.6 | 48.7% |
| Sweden | 525 | 15.7 | 16.9 | 50.9 | -54.1% |
| Russia | 34.7 | 4.6 | 340 | 25.2 | -10.1% |
| Italy | 70.4 | 27.8 | 54.5 | 24.2 | -29.9% |
| China | 368 | 12.9 | N/A | 15.8 | -65.0% |
| Others | 85.1 | 58.3 | 64.0 | 106 | 7.6% |
| Total | 2,062 | 1,011 | 1,340 | 2,585 | 7.8% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Estonia in 2022:
- India (115.5 tons)
- Ukraine (31.9 tons)
- Germany (21.5 tons)
- France (9.2 tons)
- Finland (9.1 tons)
- United Kingdom (8.8 tons)
- Poland (8.1 tons)
- Italy (4.9 tons)
- Netherlands (4.7 tons)
- Sweden (3.6 tons)
- Russia (3.6 tons)
- China (0.8 tons)
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