Estonia - Magnesite - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEstonia: Magnesite Market 2024
Magnesite Market Size in Estonia
The Estonian magnesite market totaled less than $X in 2023, approximately reflecting the previous year. Over the period under review, consumption, however, showed a dramatic contraction. The pace of growth was the most pronounced in 2022 when the market value decreased by X%. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2023, consumption stood at a somewhat lower figure.
Magnesite Production in Estonia
In value terms, magnesite production amounted to $X in 2023 estimated in export price. Overall, production recorded a noticeable setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.
Magnesite Exports
Exports from Estonia
In 2021, exports of magnesite from Estonia totaled X kg, almost unchanged from 2020 figures. Overall, exports saw a dramatic curtailment. The smallest decline of X% was in 2016. The exports peaked at X kg in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
In value terms, magnesite exports amounted to $X in 2021. Over the period under review, exports continue to indicate a significant decrease. The smallest decline of X% was in 2016. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
Exports by Country
Austria (X kg) was the main destination for magnesite exports from Estonia, with a approx. X% share of total exports.
From 2015 to 2021, the average annual rate of growth in terms of volume to Austria was relatively modest.
From 2015 to 2021, the average annual rate of growth in terms of value to Austria was relatively modest.
Export Prices by Country
In 2021, the average magnesite export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price continues to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2016 when the average export price decreased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, 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 Austria.
From 2015 to 2021, the rate of growth in terms of prices for Austria amounted to X% per year.
Magnesite Imports
Imports into Estonia
In 2023, supplies from abroad of magnesite was finally on the rise to reach X kg for the first time since 2019, thus ending a three-year declining trend. Over the period under review, imports continue to indicate significant growth. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.
In value terms, magnesite imports skyrocketed to $X in 2023. In general, imports, however, recorded a pronounced contraction. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.
Imports by Country
Germany (X kg) and Lithuania (X kg) were the main suppliers of magnesite imports to Estonia.
From 2014 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%).
In value terms, Germany ($X) and Lithuania ($X) appeared to be the largest magnesite suppliers to Estonia.
Among the main suppliers, Lithuania, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review.
Import Prices by Country
The average magnesite import price stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the import price showed a sharp downturn. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Lithuania totaled $X per ton.
From 2014 to 2023, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the magnesite 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.
Product coverage:
- UNCode 16390-1 - Magnesite
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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