Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Estonia - 2022

Contents:

  1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Estonia (CIF) - 2022
  2. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Estonia

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Estonia (CIF) - 2022

In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $1 per ton, declining by -99.9% against the previous year. Overall, the import price saw a sharp reduction. The growth pace was the most rapid in 2021 an increase of 2.2% against the previous year. Over the period under review, average import prices hit record highs at $1,760 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to -7.8% per year.

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Estonia

In 2022, overseas purchases of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses were finally on the rise to reach 6.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep slump.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses declined significantly to $6 in 2022. Over the period under review, imports, however, recorded a significant curtailment. The smallest decline of -7.4% was in 2020.

Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.513.4N/AN/A-7.6%
FinlandN/AN/A7.3N/A0%
OthersN/AN/AN/AN/A0%
Total14.513.47.3N/A-29.0%

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Estonia in 2022:

  1. Germany (6.2 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Steel, alloy; bars and rods, hot-rolled, in irregularly wound coils - Estonia