Estonia: Iron Angle Market 2020

Iron Angle Market Size in Estonia

The revenue of the iron angle market in Estonia amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, iron angle consumption, however, continues to indicate a moderate setback. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Estonia iron angle consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Iron Angle Exports

Exports from Estonia

In 2018, the exports of angles, shapes and sections (of iron or non-alloy steel) from Estonia totaled X tons, picking up by X% against the previous year. Overall, iron angle exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Estonia exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, iron angle exports totaled $X in 2018. In general, iron angle exports, however, continue to indicate a mild deduction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, iron angle exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The countries with the highest levels of iron angle exports in 2018 were Spain (X tons), Turkey (X tons), Germany (X tons), Luxembourg (X tons), South Korea (X tons), China (X tons), Italy (X tons), Poland (X tons), Japan (X tons), the U.S. (X tons), Ukraine (X tons) and Russia (X tons), together reaching X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain, while the other leaders experienced mixed trends in the exports figures.

In value terms, Spain ($X), Germany ($X) and Turkey ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports.

Turkey experienced the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2018, the iron angle export price in Estonia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the iron angle export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2008 when the export price increased by X% y-o-y. Estonia export price peaked at $X per ton in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Iron Angle Imports

Imports into Estonia

In 2018, the imports of angles, shapes and sections (of iron or non-alloy steel) into Estonia stood at X tons, growing by X% against the previous year. Over the period under review, iron angle imports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, iron angle imports reached their peak figure at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, iron angle imports stood at $X in 2018. Over the period under review, iron angle imports, however, continue to indicate a perceptible deduction. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, iron angle imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of iron angle imports in 2018 were Germany (X tons), South Korea (X tons), the U.S. (X tons), Canada (X tons), the UK (X tons), France (X tons), the Netherlands (X tons), Malaysia (X tons), Russia (X tons), Poland (X tons), Belgium (X tons) and Turkey (X tons), together reaching X% of total import.

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

In value terms, the largest iron angle importing markets into Estonia were Germany ($X), Canada ($X) and France ($X), together comprising X% of total imports. These countries were followed by South Korea, the U.S., the Netherlands, the UK, Malaysia, Russia, Poland, Belgium, Turkey and Estonia, which together accounted for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The iron angle import price in Estonia stood at $X per ton in 2018, jumping by X% against the previous year. Overall, the iron angle import price, however, continues to indicate a slight deduction. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. In that year, the import prices for angles, shapes and sections (of iron or non-alloy steel) attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for angles, shapes and sections (of iron or non-alloy steel) remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Canada ($X per ton) and the Netherlands ($X per ton), while South Korea ($X per ton) and Malaysia ($X per ton) 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 a decline in the import price figures.

Source: IndexBox Platform