Estonia: Flat-Rolled Steel Products Market 2020

Flat-Rolled Steel Products Market Size in Estonia

The revenue of the flat-rolled steel products market in Estonia amounted to $X in 2018, surging 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, flat-rolled steel products consumption continues to indicate strong growth. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the flat-rolled steel products market attained its peak figure level in 2018 and is likely to continue its growth in the near future.

Flat-Rolled Steel Products Exports

Exports from Estonia

In 2018, approx. X tons of flat-rolled products of iron or non-alloy steel were exported from Estonia; surging by X% against the previous year. In general, flat-rolled steel products exports, however, continue to indicate a drastic decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, flat-rolled steel products exports attained their peak figure at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, flat-rolled steel products exports amounted to $X in 2018. In general, flat-rolled steel products exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, flat-rolled steel products exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X tons), distantly followed by the Netherlands (X tons), Germany (X tons), Japan (X tons), Slovakia (X tons), South Korea (X tons) and France (X tons) were the main exporters of flat-rolled products of iron or non-alloy steel, together mixing up X% of total exports. The following exporters - Belgium (X tons), Canada (X tons), Brazil (X tons), Serbia (X tons) and Taiwan, Chinese (X tons) - together made up X% of total exports.

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

In value terms, the largest flat-rolled steel products markets from Estonia were China ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total exports.

Among the main exporting countries, China recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the flat-rolled steel products export price in Estonia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 when the export price increased by X% against the previous year. Over the period under review, the export prices for flat-rolled products of iron or non-alloy steel attained their maximum in 2018 and is likely to continue its growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in Germany ($X per ton) and Slovakia ($X per ton), while China ($X per ton) and Brazil ($X per ton) were amongst the lowest.

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

Flat-Rolled Steel Products Imports

Imports into Estonia

In 2018, the imports of flat-rolled products of iron or non-alloy steel into Estonia totaled X tons, approximately mirroring the previous year. Over the period under review, flat-rolled steel products imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Estonia imports peaked at X tons in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, flat-rolled steel products imports totaled $X in 2018. Overall, flat-rolled steel products imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Estonia imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X tons) and Italy (X tons) were the largest importers of flat-rolled products of iron or non-alloy steelin the world, together mixing up X% of total imports. Thailand (X tons), India (X tons), France (X tons), Mexico (X tons), the Netherlands (X tons), the Philippines (X tons), Germany (X tons), Poland (X tons), Russia (X tons) and Saudi Arabia (X tons) took a minor share of total imports.

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

In value terms, the largest flat-rolled steel products importing markets into Estonia were the U.S. ($X), Italy ($X) and Thailand ($X), together accounting for X% of total imports. These countries were followed by France, the Netherlands, Mexico, the Philippines, Germany, Poland, India, Russia, Saudi Arabia and Estonia, which together accounted for a further X the main importing countries, Estonia experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the flat-rolled steel products import price in Estonia amounted to $X per ton, surging by X% against the previous year. In general, the flat-rolled steel products import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. Estonia import price peaked at $X per ton in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform