Price for Railway or Tramway Track Constructions of Iron or Steel in Estonia - 2023

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Estonia (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Estonia (FOB) - 2023
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Estonia
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Estonia

Price for Railway or Tramway Track Constructions of Iron or Steel in Estonia (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,267 per ton in 2022, dropping by -5.8% against the previous year. In general, the import price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 42% against the previous year. The import price peaked at $1,923 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,245 per ton), while the price for Spain ($1,035 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Estonia (FOB) - 2023

The average export price for railway or tramway track constructions of iron or steel stood at $1,261 per ton in December 2023, with a decrease of -25.5% against the previous month. Over the period under review, the export price saw a perceptible slump. The pace of growth appeared the most rapid in September 2023 an increase of 1,016% against the previous month. As a result, the export price reached the peak level of $8,267 per ton. From October 2023 to December 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($11,622 per ton), while the average price for exports to Pakistan ($484 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 Finland (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Estonia

In 2022, approx. 15K tons of railway or tramway track constructions of iron or steel were imported into Estonia; growing by 222% compared with the previous year's figure. Overall, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of railway or tramway track constructions of iron or steel surged to $19M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Railway or Tramway Track Constructions of Iron or Steel in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.21.00.98.919.6%
Latvia1.91.72.67.255.9%
Germany0.50.40.51.647.4%
Kazakhstan0.2N/A0.80.535.7%
United Kingdom1.00.10.40.1-53.6%
Russia0.70.30.3N/A-34.5%
Others0.40.80.81.035.7%
Total9.94.46.419.324.9%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Estonia in 2022:

  1. Spain (8.6K tons)
  2. Latvia (5.3K tons)
  3. Germany (0.4K tons)
  4. Kazakhstan (0.4K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Estonia

In 2022, exports of railway or tramway track constructions of iron or steel from Estonia dropped to 1.3K tons, declining by -8.6% compared with the year before. In general, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.8% against the previous year.

In value terms, exports of railway or tramway track constructions of iron or steel shrank to $2.1M in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The smallest decline of -2.6% was in 2020.

Export of Railway or Tramway Track Constructions of Iron or Steel in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4835726156168.4%
Finland43.8108469462119.3%
IndiaN/AN/AN/A2900%
Lithuania270341235266-0.5%
Germany2432032132460.4%
Ukraine19.632.935.713288.8%
Latvia26542.642742.4-45.7%
PakistanN/AN/AN/A30.80%
Russia67.7111111N/A28.0%
UzbekistanN/A1,100N/AN/A0%
Turkey295N/A141N/A-30.9%
United Arab Emirates959143N/AN/A-85.1%
Taiwan (Chinese)76.7N/AN/AN/A0%
Others32.528.738.534.11.6%
Total2,7552,6822,2842,120-8.4%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Estonia in 2022:

  1. India (630.1 tons)
  2. Lithuania (144.8 tons)
  3. Finland (143.9 tons)
  4. Ukraine (99.2 tons)
  5. Sweden (88.6 tons)
  6. Pakistan (55.2 tons)
  7. Latvia (44.4 tons)
  8. Germany (44.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Estonia