Estonia - Hollow Drill Bars And Rods - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Estonia - Hollow Drill Bars And Rods - Market Analysis, Forecast, Size, Trends And Insights

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Hollow Drill Bar Price in Estonia - 2022

Contents:

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

Hollow Drill Bar Price in Estonia (CIF) - 2022

The average hollow drill bar import price stood at $3,698 per ton in 2022, reducing by -14.9% against the previous year. Overall, the import price showed a abrupt decline. The growth pace was the most rapid in 2014 an increase of 77% against the previous year. As a result, import price attained the peak level of $17,561 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to -1.8% per year.

Hollow Drill Bar Price in Estonia (FOB) - 2022

In 2022, the average hollow drill bar export price amounted to $3,520 per ton, shrinking by -71.6% against the previous year. Over the period under review, the export price showed a sharp descent. The export price peaked at $12,385 per ton in 2021, and then declined rapidly in the following year.

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 Greece ($3,524 per ton), while the average price for exports to the Netherlands totaled $1,000 per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-91.9%).

Hollow Drill Bar Imports in Estonia

In 2022, hollow drill bar imports into Estonia soared to 81 tons, growing by 82% against 2021 figures. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 55,721%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, hollow drill bar imports soared to $301K in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 74,259% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Hollow Drill Bar in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ItalyN/AN/A2820%
NorwayN/A165N/A0%
Others0.329.119.0695.8%
Total0.31943013067.5%

Top Suppliers of Hollow Drill Bar to Estonia in 2022:

  1. Italy (81.1 tons)

Hollow Drill Bar Exports in Estonia

In 2022, approx. 690 kg of hollow drill bars and rods were exported from Estonia; rising by 329% on the previous year. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hollow drill bar exports surged to $2.4K in 2022. The total export value increased at an average annual rate of +21.8% over the period from 2021 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Hollow Drill Bar in Estonia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
GreeceN/A2.40%
Netherlands2.0N/A0%
OthersN/AN/A0%
Total2.02.420.0%

Top Export Markets for Hollow Drill Bar from Estonia in 2022:

  1. Greece (689.0 kg)
  2. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hollow drill bar market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24106700 - Hollow drill bars and rods

Country coverage:

  • Estonia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Estonia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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