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Estonia - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
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Estonia: Pig Iron Market Overview 2020

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Pig Iron Market Size in Estonia

The revenue of the pig iron market in Estonia amounted to $X in 2018, going up by X% against the previous year. Overall, pig iron consumption, however, continues to indicate a measured deduction. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Estonia pig iron consumption peaked at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Pig Iron Production in Estonia

In value terms, pig iron production stood at $X in 2018 estimated in export prices. Over the period under review, pig iron production, however, continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2018 when production volume increased by X% against the previous year. Over the period under review, pig iron production reached its maximum level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Pig Iron Exports

Exports from Estonia

In 2018, the amount of pig iron and spiegeleisen exported from Estonia totaled X tonnes, dropping by -X% against the previous year. Over the period under review, pig iron exports, however, continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Estonia exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, pig iron exports stood at $X in 2018. Overall, pig iron exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. In that year, pig iron exports reached their peak of $X. From 2012 to 2018, the growth of pig iron exports remained at a lower figure.

Exports by Country

Russia was the largest exporter of pig iron and spiegeleisen in the world, with the volume of exports reaching X tonnes, which was approx. X% of total exports in 2018. It was distantly followed by Ukraine (X tonnes), Brazil (X tonnes) and India (X tonnes), together committing a X% share of total exports. The following exporters - South Africa (X tonnes), China (X tonnes) and Germany (X tonnes) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Estonia, while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest pig iron supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

In Russia, pig iron exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Ukraine (+X% per year) and Brazil (-X% per year).

Export Prices by Country

The pig iron export price in Estonia stood at $X per tonne in 2018, surging by X% against the previous year. Over the period under review, the pig iron export price, however, continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, the export prices for pig iron and spiegeleisen attained their maximum at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Average prices varied noticeably amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in South Africa ($X per tonne) and Russia ($X per tonne), while China ($X per tonne) and India ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Pig Iron Imports

Imports into Estonia

In 2018, the imports of pig iron and spiegeleisen into Estonia stood at X tonnes, surging by X% against the previous year. Over the period under review, pig iron imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Estonia imports peaked at X tonnes in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, pig iron imports amounted to $X in 2018. Over the period under review, pig iron imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. In that year, pig iron imports attained their peak of $X. From 2015 to 2018, the growth of pig iron imports remained at a somewhat lower figure.

Imports by Country

The U.S. represented the major importing country with an import of around X tonnes, which finished at X% of total imports. Italy (X tonnes) occupied the second position in the ranking, followed by Turkey (X tonnes). All these countries together held approx. X% share of total imports. Germany (X tonnes), Mexico (X tonnes), Taiwan, Chinese (X tonnes), Thailand (X tonnes), Spain (X tonnes), the Netherlands (X tonnes), Poland (X tonnes) and Belgium (X tonnes) took a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to pig iron imports into the U.S. stood at +X%. At the same time, Mexico (+X%), the Netherlands (+X%), Turkey (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Italy (-X%), Germany (-X%), Spain (-X%), Belgium (-X%), Taiwan, Chinese (-X%) and Thailand (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., Turkey and Mexico increased by +X%, +X% and +X% percentage points, while Belgium (-X p.p.), Spain (-X p.p.), Taiwan, Chinese (-X p.p.), Thailand (-X p.p.) and Italy (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pig iron and spiegeleisen into Estonia, comprising X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by Turkey, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: Italy (-X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2018, the pig iron import price in Estonia amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the pig iron import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. In that year, the import prices for pig iron and spiegeleisen attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the import prices for pig iron and spiegeleisen failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per tonne), while Spain ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms

This report provides an in-depth analysis of the pig iron market 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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