Estonia: Hot-Dipped Metal-Coated Sheet Market 2024

Hot-Dipped Metal-Coated Sheet Market Size in Estonia

The Estonian hot-dipped metal-coated sheet market reached $X in 2022, approximately mirroring the previous year. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Hot-Dipped Metal-Coated Sheet Production in Estonia

In value terms, hot-dipped metal-coated sheet production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep contraction. The growth pace was the most rapid in 2017 with an increase of X%. Hot-dipped metal-coated sheet production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Estonia

In 2022, after two years of decline, there was significant growth in shipments abroad of hot-dipped metal-coated sheet, when their volume increased by X% to X tons. In general, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hot-dipped metal-coated sheet exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for hot-dipped metal-coated sheet exports from Estonia, with a X% share of total exports. Moreover, hot-dipped metal-coated sheet exports to Finland exceeded the volume sent to the second major destination, Lithuania (X tons), twofold. The third position in this ranking was taken by Russia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Finland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Russia (X% per year).

In value terms, Finland ($X) remains the key foreign market for hot-dipped metal-coated sheet exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Russia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Finland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the average hot-dipped metal-coated sheet export price amounted to $X per ton, leveling off at the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-dipped metal-coated sheet export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Lithuania ($X 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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports

Imports into Estonia

In 2022, the amount of hot-dipped metal-coated sheet imported into Estonia expanded notably to X tons, surging by X% compared with 2021 figures. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, hot-dipped metal-coated sheet imports rose remarkably to $X in 2022. Overall, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of hot-dipped metal-coated sheet to Estonia, accounting for a X% share of total imports. Moreover, hot-dipped metal-coated sheet imports from France exceeded the figures recorded by the second-largest supplier, Finland (X tons), fourfold. Belgium (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Belgium (X% per year).

In value terms, France ($X) constituted the largest supplier of hot-dipped metal-coated sheet to Estonia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with an X% share of total imports. It was followed by Belgium, with an X% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average hot-dipped metal-coated sheet import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-dipped metal-coated sheet import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sweden ($X per ton) and Poland ($X per ton), while the price for Germany ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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