Estonia - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Chromium Price in Estonia - 2023
Contents:
- Ferro-Chromium Price in Estonia (CIF) - 2022
- Ferro-Chromium Price in Estonia (FOB) - 2022
- Ferro-Chromium Imports in Estonia
- Ferro-Chromium Exports in Estonia
Ferro-Chromium Price in Estonia (CIF) - 2022
The average ferro-chromium import price stood at $1,546 per ton in 2022, shrinking by -40.9% against the previous year. Over the period under review, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 151% against the previous year. Over the period under review, average import prices reached the maximum at $3,257 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Finland ($2,864 per ton), while the price for Zimbabwe amounted to $1,416 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Ferro-Chromium Price in Estonia (FOB) - 2022
In 2022, the average ferro-chromium export price amounted to $4,812 per ton, with an increase of 50% against the previous year. In general, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2021 an increase of 81%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($4,919 per ton), while the average price for exports to the UK totaled $4,303 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+60.6%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Chromium Imports in Estonia
In 2022, the amount of ferro-chromium imported into Estonia soared to 176 tons, growing by 159% compared with the previous year. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 448% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, ferro-chromium imports soared to $273K in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 479%. As a result, imports attained the peak of $304K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Ferro-Chromium in Estonia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 23.9 | 258 | N/A | 227 | 111.8% |
Finland | 9.2 | 31.1 | 103 | 45.3 | 70.1% |
Sweden | 19.4 | 15.1 | 74.8 | N/A | 96.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 52.5 | 304 | 178 | 273 | 73.2% |
Top Suppliers of Ferro-Chromium to Estonia in 2022:
- Zimbabwe (160.6 tons)
- Finland (15.8 tons)
Ferro-Chromium Exports in Estonia
In 2022, approx. 258 tons of ferro-chromium were exported from Estonia; picking up by 58% compared with the previous year. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 904% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, ferro-chromium exports surged to $1.2M in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,042%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Ferro-Chromium in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | 80.5 | 1,077 | 1237.9% |
United Kingdom | 17.9 | 208 | 62.9 | 161 | 108.0% |
Austria | N/A | N/A | 257 | N/A | 0% |
Ukraine | 0.3 | N/A | 122 | N/A | 1916.6% |
Others | N/A | N/A | N/A | 1.7 | 0% |
Total | 18.2 | 208 | 522 | 1,240 | 308.4% |
Top Export Markets for Ferro-Chromium from Estonia in 2022:
- Spain (219.1 tons)
- United Kingdom (37.3 tons)
This report provides an in-depth analysis of the ferro-chromium 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:
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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Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
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