Unsaturated Acyclic Hydrocarbons Price in Estonia - 2023

Contents:

  1. Unsaturated Acyclic Hydrocarbons Price in Estonia (CIF) - 2022
  2. Unsaturated Acyclic Hydrocarbons Price in Estonia (FOB) - 2022
  3. Unsaturated Acyclic Hydrocarbons Imports in Estonia
  4. Unsaturated Acyclic Hydrocarbons Exports in Estonia

Unsaturated Acyclic Hydrocarbons Price in Estonia (CIF) - 2022

In 2022, the average unsaturated acyclic hydrocarbons import price amounted to $6,328 per ton, growing by 11% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unsaturated acyclic hydrocarbons import price increased by +96.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +4.1% per year.

Unsaturated Acyclic Hydrocarbons Price in Estonia (FOB) - 2022

The average unsaturated acyclic hydrocarbons export price stood at $12,382 per ton in 2022, increasing by 66% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 1,397% against the previous year. As a result, the export price attained the peak level of $122,512 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($33,550 per ton), while the average price for exports to Switzerland ($6,351 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 Lithuania (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Unsaturated Acyclic Hydrocarbons Imports in Estonia

In 2022, unsaturated acyclic hydrocarbons imports into Estonia contracted sharply to 25 tons, declining by -21.3% compared with 2021. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 15%.

In value terms, unsaturated acyclic hydrocarbons imports contracted to $156K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports reached the peak of $178K, and then contracted in the following year.

Import of Unsaturated Acyclic Hydrocarbons in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia80.612115015424.1%
Poland5.34.424.8N/A116.3%
Hungary30.4N/AN/AN/A0%
Others3.72.33.52.2-15.9%
Total1201281781569.1%

Top Suppliers of Unsaturated Acyclic Hydrocarbons to Estonia in 2022:

  1. Latvia (24.6 tons)

Unsaturated Acyclic Hydrocarbons Exports in Estonia

In 2022, shipments abroad of unsaturated acyclic hydrocarbons decreased by -65.4% to 604 kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year. As a result, the exports attained the peak of 2.3 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, unsaturated acyclic hydrocarbons exports fell rapidly to $7.5K in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 2,669% against the previous year. As a result, the exports reached the peak of $280K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Unsaturated Acyclic Hydrocarbons in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.2N/AN/A3.2152.0%
Latvia7.07.512.32.4-30.0%
Armenia1.5N/A0.51.86.3%
SwitzerlandN/AN/AN/A0.10%
AustriaN/A271N/AN/A0%
Lithuania0.20.30.2N/A0.0%
United Arab EmiratesN/AN/A0.1N/A0%
Others1.10.6N/AN/A-45.5%
Total10.128013.07.5-9.4%

Top Export Markets for Unsaturated Acyclic Hydrocarbons from Estonia in 2022:

  1. Russia (268.0 kg)
  2. Latvia (266.0 kg)
  3. Armenia (54.0 kg)
  4. Switzerland (16.0 kg)

Source: IndexBox Market Intelligence Platform

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