Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia - 2023
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia (CIF) - 2022
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia (FOB) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia (CIF) - 2022
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $5,307 per ton in 2022, with an increase of 22% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 27% against the previous year. As a result, import price reached the peak level of $6,311 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,216 per ton), while the price for Taiwan (Chinese) ($2,960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia (FOB) - 2022
In 2022, the average export price for stainless steel; flat-rolled products of width less than 600mms amounted to $6,006 per ton, shrinking by -4.8% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 25%. Over the period under review, the average export prices hit record highs at $6,803 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($7,801 per ton), while the average price for exports to the United Arab Emirates ($3,249 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 Sweden (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia
In 2022, imports of stainless steel; flat-rolled products of width less than 600mms into Estonia declined to 254 tons, waning by -8.2% compared with 2021. In general, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms rose remarkably to $1.3M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 283 | 264 | 297 | 342 | 6.5% |
| Poland | 16.3 | 228 | 137 | 299 | 163.7% |
| Italy | 518 | 270 | 405 | 290 | -17.6% |
| China | 59.6 | 35.6 | 52.8 | 91.0 | 15.2% |
| Germany | 79.1 | 24.6 | 32.4 | 67.5 | -5.1% |
| Lithuania | 51.6 | 21.1 | 129 | 48.9 | -1.8% |
| Taiwan (Chinese) | 90.9 | 15.1 | 14.5 | 42.2 | -22.6% |
| Others | 198 | 86.1 | 140 | 167 | -5.5% |
| Total | 1,297 | 945 | 1,207 | 1,348 | 1.3% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Estonia in 2022:
- Poland (99.2 tons)
- Italy (52.0 tons)
- Finland (47.3 tons)
- China (14.5 tons)
- Taiwan (Chinese) (14.3 tons)
- Lithuania (6.3 tons)
- Germany (5.1 tons)
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia
In 2022, the amount of stainless steel; flat-rolled products of width less than 600mms exported from Estonia dropped remarkably to 34 tons, shrinking by -42.2% on the previous year's figure. In general, exports continue to indicate a sharp setback. The smallest decline of -24.1% was in 2020.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms contracted dramatically to $206K in 2022. Over the period under review, exports faced a sharp decline. The smallest decline of -4.8% was in 2020.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 6.2 | 18.8 | N/A | 71.3 | 125.7% |
| Russia | 505 | 269 | 219 | 32.8 | -59.8% |
| Latvia | 9.6 | 13.8 | 25.9 | 25.1 | 37.8% |
| Kazakhstan | 66.7 | 34.2 | 42.4 | 23.7 | -29.2% |
| Lithuania | 16.0 | 14.7 | 16.7 | 15.8 | -0.4% |
| Finland | 8.4 | 215 | 26.5 | 11.0 | 9.4% |
| Ukraine | 33.9 | 48.2 | 27.2 | 10.2 | -33.0% |
| United Arab Emirates | N/A | N/A | N/A | 3.2 | 0% |
| Others | 22.1 | 22.7 | 17.4 | 13.3 | -15.6% |
| Total | 668 | 636 | 375 | 206 | -32.4% |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Estonia in 2022:
- Sweden (9.1 tons)
- Russia (5.6 tons)
- Latvia (5.5 tons)
- Kazakhstan (4.1 tons)
- Lithuania (3.6 tons)
- Finland (2.1 tons)
- Ukraine (1.6 tons)
- United Arab Emirates (1.0 tons)
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