Estonia: Refined Lead Market 2025

Refined Lead Market Size in Estonia

In 2022, after two years of decline, there was significant growth in the Estonian refined lead market, when its value increased by 10% to $X. Overall, consumption saw a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Refined Lead Production in Estonia

In value terms, refined lead production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a modest expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 48% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Refined Lead Exports

Exports from Estonia

After two years of growth, overseas shipments of refined lead (unwrought) decreased by -32.8% to X tons in 2022. Overall, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58%. As a result, the exports reached the peak of X tons, and then plummeted in the following year.

In value terms, refined lead exports declined notably to $X in 2022. Over the period under review, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 83% against the previous year. As a result, the exports attained the peak of $X, and then reduced sharply in the following year.

Exports by Country

The Czech Republic (X tons), Poland (X tons) and Germany (X tons) were the main destinations of refined lead exports from Estonia, together comprising 98% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +13.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refined lead exported from Estonia were the Czech Republic ($X), Poland ($X) and Germany ($X), together accounting for 98% of total exports.

The Czech Republic, with a CAGR of +21.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average refined lead export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 23%. The export price peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and the Czech Republic ($X per ton), while the average price for exports to Poland ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Refined Lead Imports

Imports into Estonia

Refined lead imports into Estonia skyrocketed to X tons in 2022, with an increase of 751% on the previous year. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 39,235%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, refined lead imports soared to $X in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 21,859% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) was the main supplier of refined lead to Estonia, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia was relatively modest.

In value terms, Russia ($X) constituted the largest supplier of refined lead (unwrought) to Estonia.

From 2012 to 2022, the average annual growth rate of value from Russia stood at +3.4%.

Import Prices by Country

In 2022, the average refined lead import price amounted to $X per ton, with an increase of 43% against the previous year. Overall, the import price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2019 when the average import price increased by 51%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +59.2% per year.

Source: IndexBox Platform