Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Estonia - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Estonia (CIF) - 2023
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Estonia (FOB) - 2023
3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Estonia
4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Estonia

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Estonia (CIF) - 2023

The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,048 per ton in December 2023, standing approximately at the previous month. Over the period under review, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in April 2023 an increase of 37% month-to-month. As a result, import price attained the peak level of $1,542 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($1,733 per ton), while the price for Finland ($897 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Estonia (FOB) - 2023

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,285 per ton in December 2023, which is down by -3.3% against the previous month. Over the period under review, the export price saw a slight downturn. The growth pace was the most rapid in April 2023 an increase of 34% m-o-m. Over the period under review, the average export prices hit record highs at $1,691 per ton in September 2023; however, from October 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($2,384 per ton), while the average price for exports to France ($1,010 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Estonia

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores imported into Estonia surged to 57K tons, increasing by 28% compared with the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores skyrocketed to $85M in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 73%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Estonia in 2022:

1. Finland (19.8K tons)
2. Sweden (11.5K tons)
3. France (4.8K tons)
4. Poland (4.2K tons)
5. Belgium (3.4K tons)
6. Germany (3.2K tons)
7. Austria (2.1K tons)
8. Russia (1.3K tons)
9. Latvia (0.7K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Estonia

Exports of alloy steel flat-rolled products, of a width 600mm or mores from Estonia surged to 8.2K tons in 2022, growing by 69% against the previous year. Overall, exports continue to indicate prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores surged to $14M in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Estonia in 2022:

1. Finland (4.2K tons)
2. Lithuania (1.2K tons)
3. Uzbekistan (1.2K tons)
4. Latvia (1.0K tons)
5. Russia (0.3K tons)

Source: IndexBox Market Intelligence Platform