Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Estonia - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Estonia (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Estonia (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Estonia
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Estonia

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Estonia (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $146,586 per ton in 2022, surging by 73% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 176%. Over the period under review, average import prices attained the peak figure at $159,864 per ton in 2012; however, from 2013 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 Switzerland ($359,333 per ton), while the price for Italy ($26,550 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Estonia (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $394,884 per ton, with an increase of 73% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 1,488% 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 immediate term.

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 Turkey ($446,800 per ton), while the average price for exports to Norway ($43,800 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 Lithuania (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Estonia

In 2022, supplies from abroad of balances; of a sensitivity of 5cg or better, with or without weightses decreased by -76.5% to 1.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a deep contraction. The growth pace was the most rapid in 2020 when imports increased by 125% against the previous year.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses fell dramatically to $218K in 2022. Overall, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 289%.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Estonia in 2022:

1. Germany (620.0 kg)
2. Latvia (220.0 kg)
3. United States (178.0 kg)
4. Lithuania (140.0 kg)
5. Italy (111.0 kg)
6. China (95.0 kg)
7. Netherlands (91.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Estonia

In 2022, shipments abroad of balances; of a sensitivity of 5cg or better, with or without weightses decreased by -73.7% to 567 kg, falling for the second consecutive year after two years of growth. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,578%. As a result, the exports attained the peak of 3 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses dropped significantly to $109K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 866% against the previous year.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Estonia in 2022:

1. Latvia (322.0 kg)
2. Russia (208.0 kg)
3. Norway (20.0 kg)
4. Turkey (10.0 kg)
5. Lithuania (1.0 kg)

Source: IndexBox Market Intelligence Platform