Estonia - Hot-Rolled Bars of Silico-Manganese Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEstonia: Market for Hot-Rolled Bars Of Silico-Manganese Steel 2024
Market Size for Hot-Rolled Bars Of Silico-Manganese Steel in Estonia
The Estonian hot-rolled silico-manganese steel bar market fell markedly to $X in 2023, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a deep contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.
Exports of Hot-Rolled Bars Of Silico-Manganese Steel
Exports from Estonia
In 2023, shipments abroad of hot-rolled bars of silico-manganese steel increased by X% to X kg, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a precipitous setback. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, the exports hit record highs at X kg in 2013; however, from 2014 to 2023, the exports remained at a lower figure.
In value terms, hot-rolled silico-manganese steel bar exports soared to $X in 2023. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2023, the exports remained at a lower figure.
Exports by Country
Norway (X kg) was the main destination for hot-rolled silico-manganese steel bar exports from Estonia, accounting for a X% share of total exports. Moreover, hot-rolled silico-manganese steel bar exports to Norway exceeded the volume sent to the second major destination, Finland (X kg), threefold.
From 2013 to 2023, the average annual growth rate of volume to Norway was relatively modest.
In value terms, Norway ($X) emerged as the key foreign market for hot-rolled bars of silico-manganese steel exports from Estonia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.
From 2013 to 2023, the average annual rate of growth in terms of value to Norway was relatively modest.
Export Prices by Country
The average hot-rolled silico-manganese steel bar export price stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Finland amounted to $X per ton.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%).
Imports of Hot-Rolled Bars Of Silico-Manganese Steel
Imports into Estonia
Hot-rolled silico-manganese steel bar imports into Estonia reduced rapidly to X tons in 2023, waning by X% on 2022. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.
In value terms, hot-rolled silico-manganese steel bar imports contracted rapidly to $X in 2023. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
Imports by Country
Germany (X tons), Finland (X tons) and Sweden (X tons) were the main suppliers of hot-rolled silico-manganese steel bar imports to Estonia, together accounting for X% of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced a decline.
In value terms, Sweden ($X), Germany ($X) and Finland ($X) were the largest hot-rolled silico-manganese steel bar suppliers to Estonia, together comprising X% of total imports.
In terms of the main suppliers, Finland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2023, the average hot-rolled silico-manganese steel bar import price amounted to $X per ton, shrinking by X% against the previous year. In general, import price indicated noticeable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, hot-rolled silico-manganese steel bar import price increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, import price attained the peak level of $X per ton, and then reduced dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106620 - Hot-rolled bars of silico-manganese steel
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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