Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia - 2023
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia (CIF) - 2022
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia (CIF) - 2022
In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $24,776 per ton, surging by 100% against the previous year. Overall, the import price showed a prominent increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 366%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($67,448 per ton), while the price for China ($7,650 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia (FOB) - 2022
In 2022, the average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $9,363 per ton, jumping by 75% against the previous year. In general, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Greece ($13,759 per ton), while the average price for exports to the United Arab Emirates ($3,262 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 (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia
Imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Estonia fell notably to 5.3 tons in 2022, shrinking by -16.4% on the previous year's figure. Over the period under review, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s skyrocketed to $131K in 2022. In general, imports recorded a mild decline.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 16.1 | 40.8 | 36.1 | 52.9 | 48.7% |
| Poland | 0.2 | 0.4 | 7.2 | 30.5 | 434.3% |
| Finland | 14.8 | 21.2 | 5.6 | 24.7 | 18.6% |
| Lithuania | 6.1 | 2.1 | 8.2 | 17.4 | 41.8% |
| Germany | 18.5 | 2.7 | 7.8 | 3.9 | -40.5% |
| Sweden | 15.0 | 6.1 | 6.7 | 0.5 | -67.8% |
| Taiwan (Chinese) | 53.1 | N/A | N/A | N/A | 0% |
| Italy | 4.3 | 3.9 | 3.7 | N/A | -7.2% |
| Others | 7.4 | 5.4 | 2.8 | 1.2 | -45.5% |
| Total | 135 | 82.5 | 78.3 | 131 | -1.0% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Estonia in 2022:
- Poland (2472.0 kg)
- Finland (1126.0 kg)
- Denmark (785.0 kg)
- Lithuania (620.0 kg)
- Germany (218.0 kg)
- Sweden (15.0 kg)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia
Exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s from Estonia rose significantly to 9.6 tons in 2022, surging by 11% compared with 2021. Overall, exports, however, saw a significant curtailment.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s skyrocketed to $90K in 2022. Over the period under review, exports, however, recorded a abrupt setback.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 6.2 | 5.0 | N/A | 71.2 | 125.6% |
| Finland | 7.8 | 14.6 | 25.0 | 10.3 | 9.7% |
| Greece | N/A | N/A | N/A | 4.8 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 3.2 | 0% |
| Latvia | N/A | N/A | 17.2 | 0.2 | -98.8% |
| Norway | 7.8 | 0.3 | N/A | 0.2 | -70.5% |
| Russia | 151 | 22.4 | N/A | N/A | -85.2% |
| Germany | N/A | 6.8 | 4.0 | N/A | -41.2% |
| Others | 0.4 | 8.9 | N/A | N/A | 2125.0% |
| Total | 173 | 57.9 | 46.2 | 90.0 | -19.6% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Estonia in 2022:
- Sweden (6.1 tons)
- Finland (2.1 tons)
- United Arab Emirates (1.0 tons)
- Greece (0.3 tons)
- Latvia (0.1 tons)
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