Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia - 2023
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $7,502 per ton in 2022, shrinking by -19.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 220%. The import price peaked at $16,965 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 the Czech Republic ($22,674 per ton), while the price for China ($2,736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+37.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia (FOB) - 2022
The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $19,904 per ton in 2022, picking up by 110% against the previous year. Over the period under review, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 122% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($73,721 per ton), while the average price for exports to Russia ($12,530 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 (+175.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia
In 2022, after three years of growth, there was significant decline in supplies from abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, when their volume decreased by -44.9% to 54 tons. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports reached the peak of 97 tons, and then contracted dramatically in the following year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia fell markedly to $403K in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of $912K, and then declined notably in the following year.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 32.9 | 21.9 | 60.0 | 95.2 | 42.5% |
| Italy | N/A | 1.6 | 3.8 | 86.3 | 634.4% |
| Poland | 23.0 | 14.4 | 2.7 | 67.0 | 42.8% |
| Germany | 184 | 494 | 507 | 49.5 | -35.4% |
| Czech Republic | 1.2 | 1.7 | 2.0 | 35.9 | 210.4% |
| Denmark | 73.7 | 30.6 | 20.6 | 26.7 | -28.7% |
| Netherlands | 68.2 | 40.9 | 60.3 | 23.9 | -29.5% |
| Finland | 104 | 97.4 | 172 | 0.5 | -83.1% |
| Others | 181 | 71.3 | 83.7 | 17.9 | -53.8% |
| Total | 667 | 774 | 912 | 403 | -15.5% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Estonia in 2022:
- Sweden (14.1 tons)
- Italy (12.0 tons)
- Poland (11.1 tons)
- Germany (7.0 tons)
- Denmark (3.1 tons)
- Netherlands (2.3 tons)
- Czech Republic (1.6 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia
Exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Estonia contracted dramatically to 12 tons in 2022, which is down by -72.8% on 2021 figures. Over the period under review, exports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 6.7%.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia fell remarkably to $231K in 2022. Overall, exports continue to indicate a dramatic decline. The smallest decline of -8.9% was in 2021.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 50.7 | 16.4 | 0.7 | 111 | 29.8% |
| Russia | 80.8 | 395 | 288 | 86.4 | 2.3% |
| Kazakhstan | N/A | 0.9 | N/A | 16.1 | 323.0% |
| Lithuania | 3.0 | 1.1 | 0.1 | 6.4 | 28.7% |
| Finland | 0.1 | 0.3 | 55.7 | N/A | 2260.1% |
| Singapore | 483 | 0.8 | N/A | N/A | -99.8% |
| Others | 22.8 | 28.7 | 59.1 | 12.1 | -19.0% |
| Total | 640 | 444 | 404 | 231 | -28.8% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Estonia in 2022:
- Russia (6.9 tons)
- United States (3.9 tons)
- Lithuania (0.5 tons)
- Kazakhstan (0.2 tons)
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