Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Estonia - 2023

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Estonia (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Estonia (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Estonia
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Estonia

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Estonia (CIF) - 2022

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $15,331 per ton, dropping by -6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 50%. Over the period under review, average import prices hit record highs at $22,164 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($51,341 per ton), while the price for the Czech Republic ($1,752 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Estonia (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $20,494 per ton, declining by -3.6% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tubing; flexible, with or without fittings, of base metals decreased by -7.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 47%. The export price peaked at $22,187 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($28,098 per ton), while the average price for exports to Armenia ($10,750 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 the UK (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Estonia

In 2022, purchases abroad of tubing; flexible, with or without fittings, of base metals was finally on the rise to reach 60 tons after two years of decline. In general, imports, however, saw a noticeable slump.

In value terms, imports of tubing; flexible, with or without fittings, of base metals amounted to $927K in 2022. Overall, imports, however, continue to indicate a noticeable curtailment.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Estonia in 2022:

1. China (15.7 tons)
2. Czech Republic (13.3 tons)
3. Lithuania (9.0 tons)
4. Poland (6.3 tons)
5. Latvia (3.2 tons)
6. Ukraine (2.3 tons)
7. Netherlands (1.9 tons)
8. Denmark (1.9 tons)
9. Spain (1.2 tons)
10. Finland (0.9 tons)
11. Germany (0.6 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Estonia

In 2022, approx. 36 tons of tubing; flexible, with or without fittings, of base metals were exported from Estonia; picking up by 3.4% compared with the previous year. Over the period under review, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 86% against the previous year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals contracted slightly to $728K in 2022. In general, exports continue to indicate a mild expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 78% against the previous year. As a result, the exports attained the peak of $730K, leveling off in the following year.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Estonia in 2022:

1. Finland (13.1 tons)
2. Vietnam (6.8 tons)
3. Sweden (6.3 tons)
4. Armenia (3.9 tons)
5. Russia (2.7 tons)
6. United Kingdom (0.8 tons)
7. Latvia (0.5 tons)

Source: IndexBox Market Intelligence Platform