Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,693 per ton in 2022, with an increase of 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $5,101 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($14,782 per ton), while the price for Turkey ($3,123 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $13,868 per ton, surging by 21% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 23%. The export price peaked at $16,119 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($45,861 per ton), while the average price for exports to Portugal ($3,602 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 India (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK
In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira imported into the UK reduced rapidly to 16K tons, which is down by -18.9% compared with 2021 figures. Overall, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.2% 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 +29.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 60%. As a result, imports attained the peak of 20K tons, and then shrank rapidly in the following year.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira shrank modestly to $76M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports attained the peak of $79M, and then fell slightly in the following year.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.0 | 13.6 | 21.3 | 23.8 | 19.3% |
| Austria | 11.1 | 9.8 | 10.8 | 10.5 | -1.8% |
| Italy | 5.0 | 1.7 | 2.5 | 7.8 | 16.0% |
| Czech Republic | 7.0 | 3.6 | 7.7 | 7.8 | 3.7% |
| Poland | 7.3 | 6.9 | 16.2 | 7.2 | -0.5% |
| Ireland | 1.0 | 0.3 | 2.6 | 4.3 | 62.6% |
| France | 0.8 | 1.3 | 3.9 | 2.9 | 53.6% |
| Turkey | 1.1 | 0.5 | 1.4 | 1.5 | 10.9% |
| United States | 6.7 | 1.1 | 1.1 | 1.5 | -39.3% |
| Belgium | 4.3 | 2.9 | 3.0 | 1.3 | -32.9% |
| Indonesia | 1.0 | 0.9 | 1.7 | 1.0 | 0.0% |
| India | 0.6 | 0.2 | 1.0 | 1.0 | 18.6% |
| Netherlands | 2.0 | 1.3 | 0.8 | 0.3 | -46.9% |
| Others | 3.6 | 3.5 | 5.1 | 5.4 | 14.5% |
| Total | 65.5 | 47.6 | 79.2 | 76.2 | 5.2% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to the UK in 2022:
- China (7.4K tons)
- Poland (2.1K tons)
- Austria (1.3K tons)
- Ireland (1.3K tons)
- Italy (0.6K tons)
- France (0.6K tons)
- Turkey (0.5K tons)
- Czech Republic (0.5K tons)
- Belgium (0.4K tons)
- Indonesia (0.3K tons)
- India (0.3K tons)
- United States (0.2K tons)
- Netherlands (0.1K tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK
In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira exported from the UK was estimated at 2.5K tons, surging by 9.2% compared with the previous year's figure. Overall, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. As a result, the exports attained the peak of 3.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira soared to $34M in 2022. Over the period under review, exports, however, showed a deep slump.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | 0.4 | 1.8 | 6.0 | 115.4% |
| Ireland | 6.0 | 7.3 | 2.6 | 4.4 | -9.8% |
| India | 0.5 | 0.4 | 0.3 | 3.3 | 87.6% |
| France | 1.4 | 1.4 | 1.6 | 1.8 | 8.7% |
| Germany | 6.9 | 4.2 | 0.6 | 1.5 | -39.9% |
| United Arab Emirates | 0.6 | 0.7 | 0.6 | 1.3 | 29.4% |
| Australia | 0.2 | 0.2 | 1.2 | 1.0 | 71.0% |
| Turkey | N/A | 0.1 | 0.2 | 0.9 | 200.0% |
| Netherlands | 1.0 | 1.7 | 1.9 | 0.8 | -7.2% |
| Belgium | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
| Romania | 0.4 | 0.7 | 0.2 | 0.5 | 7.7% |
| Poland | 0.9 | 3.2 | 0.2 | 0.4 | -23.7% |
| Portugal | N/A | 0.5 | 0.2 | 0.3 | -22.5% |
| Others | 23.5 | 15.1 | 14.0 | 11.1 | -22.1% |
| Total | 42.6 | 36.5 | 25.8 | 34.0 | -7.2% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from the UK in 2022:
- Ireland (689.1 tons)
- France (241.6 tons)
- Netherlands (167.9 tons)
- China (165.5 tons)
- Belgium (140.3 tons)
- Germany (84.6 tons)
- Portugal (79.5 tons)
- Poland (73.2 tons)
- India (72.7 tons)
- United Arab Emirates (65.7 tons)
- Turkey (59.9 tons)
- Romania (46.5 tons)
- Australia (36.8 tons)
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