Files and Rasps Price in Estonia - 2023

Contents:

  1. Files and Rasps Price in Estonia (CIF) - 2022
  2. Files and Rasps Price in Estonia (FOB) - 2022
  3. Files and Rasps Imports in Estonia
  4. Files and Rasps Exports in Estonia

Files and Rasps Price in Estonia (CIF) - 2022

The average files and rasps import price stood at $5.8 per unit in 2022, which is down by -18.9% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 an increase of 23%. As a result, import price attained the peak level of $21 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

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 Belgium ($8.9 per unit), while the price for Latvia ($3.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-1.9%), while the prices for the other major suppliers experienced a decline.

Files and Rasps Price in Estonia (FOB) - 2022

The average files and rasps export price stood at $5.7 per unit in 2022, reducing by -34.6% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2013 an increase of 44%. As a result, the export price attained the peak level of $32 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($10 per unit), while the average price for exports to Kyrgyzstan ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+122.5%), while the prices for the other major destinations experienced a decline.

Files and Rasps Imports in Estonia

For the fourth consecutive year, Estonia recorded growth in purchases abroad of files, rasps and similar tools, which increased by 26% to 63K units in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, files and rasps imports reached $365K in 2022. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the maximum at $374K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Files and Rasps in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland13.492.4109112102.9%
Germany11486.485.872.2-14.1%
Sweden24.570.357.154.230.3%
China46.824.732.639.0-5.9%
Denmark16.712.916.117.61.8%
Latvia5.89.715.510.019.9%
Poland7.615.216.49.37.0%
Lithuania15.225.65.07.7-20.3%
Portugal56.8N/AN/AN/A0%
Others73.119.919.543.1-16.1%
Total374357357365-0.8%

Top Suppliers of Files and Rasps to Estonia in 2022:

  1. Finland (16.7K units)
  2. Germany (12.5K units)
  3. China (9.6K units)
  4. Sweden (7.6K units)
  5. Denmark (3.3K units)
  6. Latvia (3.0K units)
  7. Poland (2.1K units)
  8. Lithuania (1.5K units)

Files and Rasps Exports in Estonia

For the fourth consecutive year, Estonia recorded growth in overseas shipments of files, rasps and similar tools, which increased by 88% to 31K units in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, files and rasps exports skyrocketed to $179K in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Files and Rasps in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia52.759.161.063.76.5%
Lithuania34.240.440.353.716.2%
GeorgiaN/AN/AN/A16.90%
Finland27.79.520.812.2-23.9%
Russia19.42.62.210.5-18.5%
Norway0.53.73.25.0115.4%
KyrgyzstanN/AN/AN/A1.30%
Others9.211.218.215.619.2%
Total1441271461797.5%

Top Export Markets for Files and Rasps from Estonia in 2022:

  1. Lithuania (14.0K units)
  2. Latvia (6.2K units)
  3. Georgia (3.1K units)
  4. Russia (2.9K units)
  5. Finland (2.7K units)
  6. Norway (0.6K units)
  7. Kyrgyzstan (0.5K units)

Source: IndexBox Market Intelligence Platform

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