Price for Steel, Stainless; Ingots and Other Primary Forms in Estonia - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Estonia (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Estonia (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Estonia
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Estonia
Price for Steel, Stainless; Ingots and Other Primary Forms in Estonia (CIF) - 2022
In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $1,213,771 per ton, picking up by 9,795% against the previous year. In general, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Azerbaijan ($14,550,127 per ton), while the price for the UK ($5,041 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Ingots and Other Primary Forms in Estonia (FOB) - 2022
The average export price for steel, stainless; ingots and other primary formses stood at $12,154 per ton in 2021, surging by 41% against the previous year. In general, the export price recorded a pronounced increase. The most prominent rate of growth was recorded in 2014 an increase of 110% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Finland.
From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +171.4% per year.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Estonia
In 2022, overseas purchases of steel, stainless; ingots and other primary formses were finally on the rise to reach 1.3 tons after two years of decline. In general, imports, however, continue to indicate a significant contraction.
In value terms, imports of steel, stainless; ingots and other primary formses skyrocketed to $1.6M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | N/A | N/A | N/A | 1,601 | 0% |
| Latvia | N/A | N/A | 1.1 | 15.0 | 1263.6% |
| United Kingdom | N/A | N/A | N/A | 0.6 | 0% |
| Denmark | N/A | 4.8 | N/A | 0.1 | -85.6% |
| Germany | 119 | N/A | N/A | N/A | 0% |
| Others | 2.1 | N/A | 0.1 | 6.6 | 46.5% |
| Total | 121 | 4.8 | 1.2 | 1,623 | 137.6% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Estonia in 2022:
- Latvia (1104.0 kg)
- United Kingdom (121.0 kg)
- Azerbaijan (110.0 kg)
- Denmark (1.0 kg)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Estonia
In 2021, the amount of steel, stainless; ingots and other primary formses exported from Estonia fell markedly to 13 kg, declining by -99.9% on the year before. In general, exports recorded a dramatic curtailment.
In value terms, exports of steel, stainless; ingots and other primary formses dropped rapidly to $158 in 2021. Overall, exports continue to indicate a sharp shrinkage.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Finland | 81.2 | 0.2 | -99.8% | ||
| Italy | 32.7 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 114 | 0.2 | -99.8% | ||
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Estonia in 2022:
- Finland (13.0 kg)
32
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Estonia.
486
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Estonia.
33
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
4792
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
32
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Estonia.
33
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
55
Explore the top import markets for stainless steel in ingots or other primary forms based on the latest data from IndexBox platform. India, China, Belgium, and more - find out who leads the way in global stainless steel imports.
313
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2446
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
819
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1138
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
846
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
816
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
55
Explore the top import markets for stainless steel in ingots or other primary forms based on the latest data from IndexBox platform. India, China, Belgium, and more - find out who leads the way in global stainless steel imports.
