Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Estonia - 2023

Contents:

1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Estonia (CIF) - 2023
2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Estonia (FOB) - 2023
3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Estonia
4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Estonia

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Estonia (CIF) - 2023

In October 2023, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $6,151 per ton, dropping by -31.7% against the previous month. Overall, the import price saw a deep reduction. The pace of growth appeared the most rapid in July 2023 an increase of 97% against the previous month. As a result, import price attained the peak level of $13,132 per ton. From August 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($18,162 per ton), while the price for Poland ($2,256 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Estonia (FOB) - 2023

In October 2023, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $13,782 per ton, with an increase of 13% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 89% m-o-m. The export price peaked at $16,563 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Denmark ($35,319 per ton), while the average price for exports to Armenia ($2,321 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Estonia

In 2022, supplies from abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -15% to 273 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 32%. As a result, imports attained the peak of 348 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses declined to $2.8M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year.

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Estonia in 2022:

1. Poland (73.4 tons)
2. Finland (60.3 tons)
3. China (34.6 tons)
4. Lithuania (33.2 tons)
5. Germany (19.3 tons)
6. Netherlands (14.5 tons)
7. Latvia (11.7 tons)
8. Italy (11.1 tons)
9. Denmark (7.2 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Estonia

In 2022, shipments abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -0.1% to 121 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2020 when exports increased by 41% against the previous year. As a result, the exports reached the peak of 180 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses shrank sharply to $1.7M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $2M, and then fell sharply in the following year.

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Estonia in 2022:

1. Denmark (46.0 tons)
2. Lithuania (40.3 tons)
3. Latvia (20.9 tons)
4. Finland (6.9 tons)
5. Russia (3.4 tons)

Source: IndexBox Market Intelligence Platform