Sulphates; of Aluminium Price in Estonia - 2023

Sulphates; of Aluminium Price in Estonia (CIF) - 2022

The average sulphates; of aluminium import price stood at $196 per ton in 2022, with an increase of 41% against the previous year. Overall, the import price, however, showed a pronounced downturn. Over the period under review, average import prices attained the peak figure at $239 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($1,225 per ton), while the price for Russia ($128 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Aluminium Price in Estonia (FOB) - 2022

The average sulphates; of aluminium export price stood at $263 per ton in 2022, declining by -5.1% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 77% against the previous year. The export price peaked at $520 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to -17.1% per year.

Sulphates; of Aluminium Imports in Estonia

In 2022, the amount of sulphates; of aluminia imported into Estonia shrank dramatically to 440 tons, waning by -76.8% against the previous year. In general, imports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 167% against the previous year. As a result, imports attained the peak of 1.9K tons, and then contracted dramatically in the following year.

In value terms, sulphates; of aluminium imports contracted sharply to $86K in 2022. Over the period under review, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 148% against the previous year. As a result, imports reached the peak of $263K, and then fell rapidly in the following year.

Import of Sulphates; of Aluminium in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	65.4	53.6	63.5	36.9	-17.4%
Finland	N/A	0.4	0.2	22.9	656.6%
Spain	N/A	4.3	12.9	15.0	86.8%
Sweden	146	N/A	141	N/A	-1.7%
Lithuania	N/A	19.2	8.6	N/A	-55.2%
Others	19.6	28.7	37.7	11.6	-16.0%
Total	231	106	263	86.3	-28.0%

Top Suppliers of Sulphates; of Aluminium to Estonia in 2022:

Russia (287.8 tons)
Finland (72.5 tons)
Spain (27.0 tons)

Sulphates; of Aluminium Exports in Estonia

In 2022, sulphates; of aluminium exports from Estonia soared to 85 tons, jumping by 215% compared with 2021. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 320%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, sulphates; of aluminium exports skyrocketed to $22K in 2022. Over the period under review, exports posted strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 335%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.