Price for Iron or Steel Window and Door in Estonia - 2023
Contents:
- Price for Iron or Steel Window and Door in Estonia (FOB) - 2023
- Price for Iron or Steel Window and Door in Estonia (CIF) - 2023
- Exports of Iron or Steel Window and Door in Estonia
- Imports of Iron or Steel Window and Door in Estonia
Price for Iron or Steel Window and Door in Estonia (FOB) - 2023
The average export price for iron or steel doors, thresholds for doors and windows stood at $381 per unit in July 2023, growing by 2.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in March 2023 an increase of 28% against the previous month. Over the period under review, the average export prices hit record highs at $424 per unit in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($546 per unit), while the average price for exports to Latvia ($248 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Window and Door in Estonia (CIF) - 2023
In July 2023, the average import price for iron or steel doors, thresholds for doors and windows amounted to $230 per unit, growing by 25% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($445 per unit), while the price for China ($65.3 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Latvia (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Window and Door in Estonia
In 2022, the amount of iron or steel doors, thresholds for doors and windows exported from Estonia reduced to 137K units, dropping by -6.6% compared with the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.8%. As a result, the exports reached the peak of 147K units, and then contracted in the following year.
In value terms, exports of iron or steel doors, thresholds for doors and windows reached $44M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 8.6%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Iron or Steel Window and Door in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 13.2 | 11.7 | 14.3 | 17.2 | 9.2% |
| Finland | 14.9 | 13.2 | 11.8 | 9.4 | -14.2% |
| Denmark | 5.1 | 5.7 | 7.3 | 7.2 | 12.2% |
| France | 2.4 | 2.9 | 2.8 | 2.8 | 5.3% |
| Norway | 1.8 | 1.3 | 1.7 | 2.8 | 15.9% |
| Lithuania | 0.8 | 1.4 | 1.4 | 1.9 | 33.4% |
| Latvia | 0.7 | 0.5 | 0.4 | 0.5 | -10.6% |
| Others | 2.4 | 2.2 | 2.6 | 2.4 | 0.0% |
| Total | 41.4 | 38.9 | 42.3 | 44.3 | 2.3% |
Top Export Markets for Iron or Steel Window and Door from Estonia in 2022:
- Sweden (45.8K units)
- Finland (32.0K units)
- Denmark (24.6K units)
- Lithuania (9.5K units)
- Norway (9.2K units)
- France (8.3K units)
- Latvia (2.5K units)
Imports of Iron or Steel Window and Door in Estonia
In 2022, after three years of growth, there was significant decline in overseas purchases of iron or steel doors, thresholds for doors and windows, when their volume decreased by -12% to 66K units. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of 75K units, and then fell in the following year.
In value terms, imports of iron or steel doors, thresholds for doors and windows reduced to $11M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of $12M, and then contracted in the following year.
| Import of Iron or Steel Window and Door in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1,325 | 1,705 | 1,984 | 2,233 | 19.0% |
| Latvia | 1,712 | 1,338 | 1,818 | 1,956 | 4.5% |
| Germany | 1,427 | 1,362 | 1,895 | 1,554 | 2.9% |
| Russia | 458 | 604 | 958 | 872 | 23.9% |
| Austria | 170 | 15.5 | 124 | 791 | 66.9% |
| Lithuania | 675 | 602 | 494 | 767 | 4.4% |
| Ukraine | 42.3 | 56.6 | 93.5 | 422 | 115.3% |
| Switzerland | 1,107 | 1,291 | 1,157 | 360 | -31.2% |
| Belarus | 260 | 397 | 778 | 300 | 4.9% |
| Others | 2,813 | 2,023 | 2,471 | 1,792 | -14.0% |
| Total | 9,990 | 9,395 | 11,773 | 11,049 | 3.4% |
Top Suppliers of Iron or Steel Window and Door to Estonia in 2022:
- Latvia (15.6K units)
- Czech Republic (10.7K units)
- Germany (7.6K units)
- Lithuania (7.2K units)
- Russia (6.9K units)
- Austria (4.3K units)
- Ukraine (3.7K units)
- Belarus (2.6K units)
- Switzerland (1.8K units)
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