Price for Aluminium; Tubes and Pipes in Estonia - 2023

Contents:

1. Price for Aluminium; Tubes and Pipes in Estonia (CIF) - 2022
2. Price for Aluminium; Tubes and Pipes in Estonia (FOB) - 2022
3. Imports of Aluminium; Tubes and Pipes in Estonia
4. Exports of Aluminium; Tubes and Pipes in Estonia

Price for Aluminium; Tubes and Pipes in Estonia (CIF) - 2022

In 2022, the average aluminium; tubes and pipes import price amounted to $6,059 per ton, rising by 23% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 44% against the previous year. Over the period under review, average import prices reached the maximum at $6,823 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($11,165 per ton), while the price for Sweden ($5,317 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Tubes and Pipes in Estonia (FOB) - 2022

In 2022, the average aluminium; tubes and pipes export price amounted to $7,339 per ton, waning by -14.6% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; tubes and pipes export price increased by +58.3% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 85%. As a result, the export price reached the peak level of $8,595 per ton, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($11,614 per ton), while the average price for exports to Finland ($6,233 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 Sweden (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Tubes and Pipes in Estonia

In 2022, the amount of aluminium; tubes and pipeses imported into Estonia shrank remarkably to 332 tons, falling by -21.1% against the previous year. Over the period under review, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 6.4%. As a result, imports attained the peak of 421 tons, and then dropped notably in the following year.

In value terms, aluminium; tubes and pipes imports reduced modestly to $2M in 2022. Overall, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of $2.1M, and then contracted slightly in the following year.

Top Suppliers of Aluminium; Tubes and Pipes to Estonia in 2022:

1. Lithuania (159.7 tons)
2. Poland (80.4 tons)
3. Latvia (27.8 tons)
4. Sweden (25.7 tons)
5. Germany (13.7 tons)
6. Italy (10.7 tons)
7. Finland (8.9 tons)
8. China (2.0 tons)

Exports of Aluminium; Tubes and Pipes in Estonia

In 2022, approx. 14 tons of aluminium; tubes and pipeses were exported from Estonia; with a decrease of -25.6% on the previous year's figure. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 84%. As a result, the exports reached the peak of 19 tons, and then dropped remarkably in the following year.

In value terms, aluminium; tubes and pipes exports fell sharply to $102K in 2022. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 241% against the previous year. As a result, the exports reached the peak of $161K, and then declined dramatically in the following year.

Top Export Markets for Aluminium; Tubes and Pipes from Estonia in 2022:

1. Finland (6.5 tons)
2. Latvia (5.9 tons)
3. Kazakhstan (0.6 tons)
4. Lithuania (0.3 tons)
5. Norway (0.2 tons)
6. Russia (0.1 tons)

Source: IndexBox Market Intelligence Platform