Cerium Compounds Price in Estonia - 2023
Contents:
- Cerium Compounds Price in Estonia (CIF) - 2022
- Cerium Compounds Price in Estonia (FOB) - 2022
- Cerium Compounds Imports in Estonia
- Cerium Compounds Exports in Estonia
Cerium Compounds Price in Estonia (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $7,366 per ton, jumping by 51% against the previous year. In general, the import price, however, recorded a slight slump. The growth pace was the most rapid in 2021 an increase of 136% against the previous year. The import price peaked at $17,803 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($7,405 per ton), while the price for the United States stood at $6,090 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+38.7%).
Cerium Compounds Price in Estonia (FOB) - 2022
In 2022, the average cerium compounds export price amounted to $2,767 per ton, picking up by 8.3% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 22%. The export price peaked at $6,381 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3,385 per ton), while the average price for exports to Switzerland ($1,330 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 France (+7.8%), while the prices for the other major destinations experienced a decline.
Cerium Compounds Imports in Estonia
In 2022, after two years of decline, there was significant growth in purchases abroad of cerium compoundses, when their volume increased by 43% to 4.8K tons. Over the period under review, imports, however, showed a pronounced decrease.
In value terms, cerium compounds imports surged to $36M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cerium Compounds in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 11.0 | 10.9 | 15.3 | 34.7 | 46.7% |
| United States | N/A | N/A | 1.1 | 0.9 | -18.2% |
| Malaysia | 0.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 11.8 | 11.2 | 16.4 | 35.5 | 44.4% |
Top Suppliers of Cerium Compounds to Estonia in 2022:
- Russia (4.7K tons)
- United States (0.1K tons)
Cerium Compounds Exports in Estonia
In 2022, approx. 1.5K tons of cerium compoundses were exported from Estonia; waning by -18.5% on 2021 figures. Overall, exports saw a slight downturn. The growth pace was the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of 1.9K tons, and then dropped dramatically in the following year.
In value terms, cerium compounds exports dropped to $4.2M in 2022. In general, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports reached the peak of $4.7M, and then declined in the following year.
| Export of Cerium Compounds in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,236 | 1,067 | 2,506 | 2,664 | 6.0% |
| United States | 1,579 | 1,404 | 1,213 | 644 | -25.8% |
| Germany | 573 | 981 | 665 | 479 | -5.8% |
| Austria | N/A | 450 | 167 | 193 | -34.5% |
| Switzerland | N/A | N/A | N/A | 152 | 0% |
| United Kingdom | N/A | N/A | 110 | 47.9 | -56.5% |
| Others | 82.0 | 220 | 79.3 | 3.5 | -65.1% |
| Total | 4,470 | 4,123 | 4,741 | 4,184 | -2.2% |
Top Export Markets for Cerium Compounds from Estonia in 2022:
- Japan (787.0 tons)
- United States (245.7 tons)
- Germany (230.4 tons)
- Switzerland (114.2 tons)
- Austria (109.9 tons)
- United Kingdom (23.0 tons)
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