Estonia: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in Estonia

In 2022, the Estonian market for aluminium plates, sheets and strip of thickness over X mm increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a remarkable increase 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 2020 indices. Consumption of peaked in 2022 and is likely to see steady growth in years to come.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Estonia

After three years of growth, shipments abroad of aluminium plates, sheets and strip of thickness over X mm decreased by X% to X tons in 2022. Overall, exports, however, recorded measured growth. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm shrank dramatically to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Finland (X tons), Latvia (X tons) and Germany (X tons) were the main destinations of exports of aluminium plates, sheets and strip of thickness over X mm from Estonia, together comprising X% of total exports. Lithuania, China, Sweden and Belarus lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Latvia ($X) and Germany ($X) constituted the largest markets for aluminium plate, sheet and strip of thickness over X mm exported from Estonia worldwide, with a combined X% share of total exports. Lithuania, Belarus, Sweden and China lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the average price for exports to China ($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 Belarus (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Estonia

In 2022, supplies from abroad of aluminium plates, sheets and strip of thickness over X mm increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, total imports indicated a buoyant expansion 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 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm surged to $X in 2022. In general, imports saw a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Poland (X tons) constituted the largest aluminium plate, sheet and strip of thickness over X mm supplier to Estonia, with a X% share of total imports. Moreover, imports of aluminium plates, sheets and strip of thickness over X mm from Poland exceeded the figures recorded by the second-largest supplier, Finland (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.

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

In value terms, Poland ($X) constituted the largest supplier of aluminium plates, sheets and strip of thickness over X mm to Estonia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

In 2022, the average import price for aluminium plates, sheets and strip of thickness over X mm amounted to $X per ton, surging by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform