Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia - 2023

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia (FOB) - 2022
  2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia (CIF) - 2022
  3. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia
  4. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $2 per unit, surging by 109% against the previous year. Over the period under review, the export price recorded resilient growth. The export price peaked at $2.2 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($2.3 per unit), while the average price for exports to Finland ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.9 per unit, with an increase of 15% against the previous year. In general, the import price, however, showed a mild slump. The pace of growth appeared the most rapid in 2013 when the average import price increased by 165%. As a result, import price attained the peak level of $2.6 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1.3 per unit), while the price for Latvia ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia

Exports of millstones, grindstones, grinding wheels and the like; of natural stones from Estonia skyrocketed to 10K units in 2022, picking up by 418% against the year before. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones skyrocketed to $20K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A18.80%
LatviaN/A0.60.70.815.5%
LithuaniaN/A0.40.90.511.8%
Russia1.83.8N/AN/A111.1%
Finland0.40.10.3N/A-13.4%
Others0.3N/AN/AN/A0%
Total2.44.91.920.3103.7%

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Estonia in 2022:

  1. Switzerland (8.1K units)
  2. Latvia (1.1K units)
  3. Lithuania (0.7K units)

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia

In 2022, supplies from abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -24.7% to 16K units, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 168%. As a result, imports reached the peak of 33K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones declined to $14K in 2022. Over the period under review, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 127% against the previous year. As a result, imports attained the peak of $24K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.5N/A2.35.731.6%
Germany0.33.15.33.3122.4%
DenmarkN/A2.53.32.62.0%
LithuaniaN/A0.41.01.7106.2%
FinlandN/A3.80.10.1-83.8%
Latvia0.31.30.1N/A-42.3%
United States6.58.3N/AN/A27.7%
FranceN/A0.5N/AN/A0%
Others0.94.03.80.4-23.7%
Total10.523.915.913.89.5%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Estonia in 2022:

  1. Germany (6.4K units)
  2. China (4.3K units)
  3. Denmark (3.4K units)
  4. Lithuania (1.3K units)
  5. Latvia (0.1K units)

Source: IndexBox Market Intelligence Platform

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