Estonia - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Valve Price in Estonia - 2023
Contents:
- Safety Valve Price in Estonia (CIF) - 2023
- Safety Valve Price in Estonia (FOB) - 2022
- Safety Valve Imports in Estonia
- Safety Valve Exports in Estonia
Safety Valve Price in Estonia (CIF) - 2023
The average safety valve import price stood at $57,798 per ton in September 2023, reducing by -1.6% against the previous month. Overall, import price indicated a moderate increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, safety valve import price decreased by -9.4% against June 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 89% m-o-m. The import price peaked at $63,819 per ton in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($183K per ton), while the price for China ($9,988 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Valve Price in Estonia (FOB) - 2022
The average safety valve export price stood at $36,573 per ton in 2022, growing by 28% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, safety valve export price increased by +41.6% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 30%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.
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 Latvia ($62,495 per ton), while the average price for exports to Russia ($22,625 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 Poland (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Safety Valve Imports in Estonia
In 2022, purchases abroad of safety or relief valves for pipes, boiler shells, tanks and vats decreased by -9.2% to 89 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 30%.
In value terms, safety valve imports declined to $3.2M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of $3.4M, and then fell in the following year.
Import of Safety Valve in Estonia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 156 | 147 | 268 | 1,432 | 109.4% |
Spain | 628 | 908 | 1,014 | 413 | -13.0% |
Germany | 274 | 239 | 406 | 305 | 3.6% |
Finland | 287 | 268 | 336 | 225 | -7.8% |
Italy | 114 | 128 | 605 | 165 | 13.1% |
Norway | 195 | 132 | 112 | 117 | -15.7% |
Turkey | 28.4 | 3.8 | 10.1 | 50.3 | 21.0% |
China | 41.0 | 55.0 | 60.2 | 37.2 | -3.2% |
Netherlands | 75.8 | 16.8 | 49.3 | 32.1 | -24.9% |
Others | 696 | 558 | 536 | 383 | -18.1% |
Total | 2,494 | 2,454 | 3,398 | 3,159 | 8.2% |
Top Suppliers of Safety Valve to Estonia in 2022:
- Poland (33.7 tons)
- Spain (22.2 tons)
- Italy (9.2 tons)
- Finland (5.5 tons)
- Germany (5.4 tons)
- Turkey (2.5 tons)
- Norway (2.0 tons)
- Netherlands (1.6 tons)
- China (1.3 tons)
Safety Valve Exports in Estonia
For the fourth year in a row, Estonia recorded growth in shipments abroad of safety or relief valves for pipes, boiler shells, tanks and vats, which increased by 18% to 71 tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 34%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, safety valve exports soared to $2.6M in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Safety Valve in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 72.6 | 82.0 | 83.7 | 1,600 | 180.4% |
Russia | 808 | 1,045 | 1,327 | 481 | -15.9% |
Germany | 57.0 | 40.0 | 62.2 | 60.6 | 2.1% |
Brazil | 25.1 | 29.2 | 36.9 | 38.0 | 14.8% |
Finland | 58.9 | 24.2 | 26.4 | 6.5 | -52.0% |
United Arab Emirates | 93.8 | 3.0 | N/A | 1.4 | -75.4% |
Others | 349 | 170 | 186 | 416 | 6.0% |
Total | 1,464 | 1,393 | 1,723 | 2,604 | 21.2% |
Top Export Markets for Safety Valve from Estonia in 2022:
- Poland (41.9 tons)
- Russia (21.3 tons)
- Germany (1.4 tons)
- Brazil (1.3 tons)
- Finland (0.4 tons)
- United Arab Emirates (0.1 tons)
This report provides an in-depth analysis of the safety valve market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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