Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia (FOB) - 2023
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia (CIF) - 2022
  3. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia
  4. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia (FOB) - 2023

In October 2023, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $27,889 per ton, shrinking by -14.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 160% month-to-month. As a result, the export price reached the peak level of $53,043 per ton. From April 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Sweden ($32,301 per ton), while the average price for exports to Finland stood at $12,899 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia (CIF) - 2022

The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $29,643 per ton in 2022, shrinking by -11.2% against the previous year. Overall, the import price, however, enjoyed a notable increase. The pace of growth was the most pronounced in 2019 an increase of 145%. The import price peaked at $41,946 per ton in 2020; however, from 2021 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 Italy ($80,847 per ton), while the price for Russia ($11,372 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia

In 2022, exports of machinery; parts of machinery for making or finishing paper or paperboard from Estonia contracted remarkably to 197 tons, declining by -52.7% on the previous year. Over the period under review, exports faced a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 44%.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard shrank markedly to $4.2M in 2022. In general, exports recorded a abrupt setback. The smallest decline of -1.8% was in 2021.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1.41.51.61.910.7%
Finland1.41.81.00.9-13.7%
United States1.00.62.00.9-3.5%
Russia2.81.50.30.2-58.5%
Norway0.4N/AN/AN/A0%
CanadaN/AN/A0.3N/A0%
Others0.60.10.20.4-12.6%
Total7.75.45.34.2-18.3%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Estonia in 2022:

  1. United States (75.6 tons)
  2. Sweden (64.9 tons)
  3. Finland (49.7 tons)
  4. Russia (4.0 tons)

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia

In 2022, purchases abroad of machinery; parts of machinery for making or finishing paper or paperboard decreased by -26.3% to 9.5 tons, falling for the second year in a row after two years of growth. In general, imports faced a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 87%. As a result, imports reached the peak of 46 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard shrank markedly to $282K in 2022. Overall, imports showed a dramatic descent. The pace of growth was the most pronounced in 2020 with an increase of 126%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France55.060.412711628.2%
Germany26.921267.771.838.7%
Ukraine30.833.563.426.2-5.2%
Italy62.653.013.514.2-39.0%
Russia23.850.122.613.6-17.0%
China17652.69.18.8-63.2%
Sweden3221,138N/A2.0-81.6%
SloveniaN/A92.7N/AN/A0%
Finland66.510552.9N/A-10.8%
PolandN/AN/A49.9N/A0%
Others95.714324.929.8-32.2%
Total8601,941431282-31.0%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Estonia in 2022:

  1. Germany (4.4 tons)
  2. France (2.6 tons)
  3. Russia (1.2 tons)
  4. Ukraine (0.7 tons)
  5. Italy (0.2 tons)
  6. China (0.2 tons)

Source: IndexBox Market Intelligence Platform

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