Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand (FOB) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand (CIF) - 2022
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand (FOB) - 2022
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,166 per ton in 2022, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2019 an increase of 45% against the previous year. As a result, the export price reached the peak level of $5,094 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($17,161 per ton), while the average price for exports to France ($2,438 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 Japan (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand (CIF) - 2022
In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $6,729 per ton, with an increase of 7.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices hit record highs at $7,090 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($31,743 per ton), while the price for China ($3,769 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand
In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel cast fittings, other than of non-malleable cast ira, when their volume decreased by -6.5% to 19K tons. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.7% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 43% against the previous year.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira rose modestly to $80M in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.4 | 26.7 | 31.2 | 34.3 | 18.9% |
| Japan | 11.1 | 9.6 | 11.2 | 13.1 | 5.7% |
| Saudi Arabia | 7.3 | 7.3 | 8.3 | 7.1 | -0.9% |
| United Arab Emirates | 8.2 | 5.7 | 5.5 | 4.6 | -17.5% |
| Egypt | 2.4 | 2.4 | 4.2 | 3.7 | 15.5% |
| Qatar | 1.9 | 2.6 | 4.1 | 2.5 | 9.6% |
| Germany | 1.4 | 1.7 | 2.5 | 2.1 | 14.5% |
| Hong Kong SAR | 1.4 | 1.7 | 1.5 | 1.9 | 10.7% |
| Philippines | 2.0 | 0.5 | 0.6 | 1.2 | -15.7% |
| Italy | 1.3 | 1.0 | 0.9 | 0.8 | -14.9% |
| Kuwait | 1.1 | 1.2 | 0.8 | 0.5 | -23.1% |
| Others | 7.4 | 7.5 | 6.3 | 8.2 | 3.5% |
| Total | 65.7 | 68.0 | 76.9 | 79.9 | 6.7% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Thailand in 2022:
- United States (8.1K tons)
- Saudi Arabia (2.4K tons)
- Egypt (1.5K tons)
- United Arab Emirates (1.4K tons)
- Qatar (0.8K tons)
- Germany (0.8K tons)
- Japan (0.8K tons)
- Hong Kong SAR (0.5K tons)
- Philippines (0.4K tons)
- Italy (0.3K tons)
- Kuwait (0.2K tons)
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand
In 2022, supplies from abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -7.8% to 2.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. As a result, imports reached the peak of 2.8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira declined to $14M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 7.5% against the previous year. As a result, imports reached the peak of $14M, and then shrank modestly in the following year.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 5.9 | 6.3 | 7.0 | 11.9% |
| Japan | 4.5 | 2.1 | 3.0 | 3.7 | -6.3% |
| United States | 1.3 | 1.7 | 1.7 | 0.9 | -11.5% |
| Others | 3.5 | 3.6 | 3.4 | 2.7 | -8.3% |
| Total | 14.4 | 13.4 | 14.4 | 14.3 | -0.2% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Thailand in 2022:
- China (1849.6 tons)
- Japan (116.1 tons)
- United States (33.8 tons)
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