Estonia: Market for Flat-Rolled Products Of Silicon-Electrical Steel 2019

Market Size for Flat-Rolled Products Of Silicon-Electrical Steel in Estonia

The revenue of the silicon-electrical steel flat-rolled product market in Estonia amounted to $X in 2018, shrinking by -X% against the previous year. Overall, silicon-electrical steel flat-rolled product consumption continues to indicate an abrupt decrease. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Over the period under review, the silicon-electrical steel flat-rolled product market attained its maximum level at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Production of Flat-Rolled Products Of Silicon-Electrical Steel in Estonia

In value terms, silicon-electrical steel flat-rolled product production stood at $X in 2018 estimated in export prices. In general, silicon-electrical steel flat-rolled product production continues to indicate an outstanding expansion. The pace of growth was the most pronounced in 2010 when production volume increased by X% against the previous year. Estonia silicon-electrical steel flat-rolled product production peaked in 2018 and is likely to continue its growth in the near future.

Exports of Flat-Rolled Products Of Silicon-Electrical Steel

Exports from Estonia

In 2018, the silicon-electrical steel flat-rolled product exports from Estonia stood at X tons, coming down by -X% against the previous year. In general, silicon-electrical steel flat-rolled product exports continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Estonia exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, silicon-electrical steel flat-rolled product exports stood at $X in 2018. Overall, silicon-electrical steel flat-rolled product exports continue to indicate a deep drop. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Estonia exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Japan (X tons), South Korea (X tons), Russia (X tons), Germany (X tons), China (X tons) and Taiwan, Chinese (X tons) were the key exporters of flat-rolled products of silicon-electrical steel in the world, committing X% of total export. France (X tons), Turkey (X tons), Poland (X tons), Austria (X tons), India (X tons) and Slovakia (X tons) followed a long way behind the leaders.

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

In value terms, Japan ($X), South Korea ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Germany, China, Taiwan, Chinese, France, Poland, Austria, Slovakia, Turkey, India and Estonia lagged somewhat behind, together comprising a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the silicon-electrical steel flat-rolled product export price in Estonia amounted to $X per ton, growing by X% against the previous year. In general, the silicon-electrical steel flat-rolled product export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Estonia export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while Turkey ($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.

Imports of Flat-Rolled Products Of Silicon-Electrical Steel

Imports into Estonia

In 2018, the imports of flat-rolled products of silicon-electrical steel into Estonia totaled X tons, dropping by -X% against the previous year. Overall, silicon-electrical steel flat-rolled product imports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Estonia imports peaked at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, silicon-electrical steel flat-rolled product imports amounted to $X in 2018. In general, silicon-electrical steel flat-rolled product imports continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Estonia imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

India (X tons) and Italy (X tons) represented roughly X% of total imports of flat-rolled products of silicon-electrical steel in 2018. It was distantly followed by China (X tons), comprising an X% share of total imports. The following importers - Turkey (X tons), Thailand (X tons), Mexico (X tons), France (X tons), Romania (X tons), Malaysia (X tons), the U.S. (X tons), the Czech Republic (X tons) and Canada (X tons) - together made up X% 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 India, while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Italy ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports.

Among the main importing countries, India recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the silicon-electrical steel flat-rolled product import price in Estonia amounted to $X per ton, going up by X% against the previous year. Over the period under review, the silicon-electrical steel flat-rolled product import price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2008 when the import price increased by X% year-to-year. In that year, the import prices for flat-rolled products of silicon-electrical steel attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for flat-rolled products of silicon-electrical steel remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while Romania ($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 Czech Republic, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform