Quartzite Price in Estonia - 2024

Contents:

  1. Quartzite Price in Estonia (FOB) - 2022
  2. Quartzite Price in Estonia (CIF) - 2022
  3. Quartzite Exports in Estonia
  4. Quartzite Imports in Estonia

Quartzite Price in Estonia (FOB) - 2022

The average quartzite export price stood at $7,877 per ton in 2022, increasing by 6.2% against the previous year. Overall, the export price saw significant growth. The export price peaked at $8,683 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($12,777 per ton), while the average price for exports to Denmark stood at $2,067 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+24.9%).

Quartzite Price in Estonia (CIF) - 2022

In 2022, the average quartzite import price amounted to $2,545 per ton, picking up by 123% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 307%. Over the period under review, average import prices attained the peak figure at $2,551 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,254 per ton), while the price for Russia ($282 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+1,547.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Quartzite Exports in Estonia

For the third consecutive year, Estonia recorded growth in shipments abroad of quartzite, which increased by 67% to 41 tons in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 744%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, quartzite exports surged to $326K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 620% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Quartzite in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Sweden25.3183286236.2%
DenmarkN/AN/A38.80%
Others0.21.10.8100.0%
Total25.5184326257.6%

Top Export Markets for Quartzite from Estonia in 2022:

  1. Sweden (22.4 tons)
  2. Denmark (18.8 tons)

Quartzite Imports in Estonia

After three years of growth, overseas purchases of quartzite decreased by -25.5% to 116 tons in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 595%.

In value terms, quartzite imports skyrocketed to $294K in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 509% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Quartzite in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy13.875.5127282173.4%
UkraineN/A8.715.27.6-6.5%
KazakhstanN/AN/AN/A2.70%
Russia1.95.07.21.5-7.6%
NorwayN/AN/A12.4N/A0%
FinlandN/A4.514.3N/A217.8%
OthersN/A1.80.20.1-76.4%
Total15.795.6177294165.6%

Top Suppliers of Quartzite to Estonia in 2022:

  1. Italy (86.7 tons)
  2. Ukraine (20.0 tons)
  3. Russia (5.2 tons)
  4. Kazakhstan (3.4 tons)

Source: IndexBox Market Intelligence Platform

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