Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the United Arab Emirates - 2022
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the United Arab Emirates (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the United Arab Emirates (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the United Arab Emirates
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the United Arab Emirates
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $4,281 per ton, growing by 38% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 UK ($23,238 per ton), while the price for Poland ($2,920 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.1%), 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 United Arab Emirates (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,066 per ton, jumping by 72% against the previous year. Over the period under review, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($11,918 per ton), while the average price for exports to Democratic Republic of the Congo ($454 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 South Korea (+18.5%), 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 United Arab Emirates
In 2022, purchases abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -8.2% to 9.3K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. As a result, imports reached the peak of 13K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira surged to $40M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.5 | 17.6 | 13.5 | 16.6 | 13.0% |
Netherlands | 0.8 | 0.5 | 0.7 | 5.3 | 87.8% |
Thailand | 8.2 | 5.8 | 5.5 | 4.6 | -17.5% |
Poland | 2.2 | 1.9 | 3.0 | 3.5 | 16.7% |
United States | 2.3 | 2.3 | 1.4 | 2.3 | 0.0% |
Brazil | 2.0 | 1.3 | 1.7 | 1.9 | -1.7% |
India | 1.5 | 1.0 | 0.9 | 1.1 | -9.8% |
Others | 5.3 | 8.7 | 4.7 | 4.7 | -3.9% |
Total | 33.8 | 39.1 | 31.6 | 40.0 | 5.8% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to the United Arab Emirates in 2022:
- China (4.8K tons)
- Thailand (1.4K tons)
- Poland (1.2K tons)
- Brazil (0.4K tons)
- Netherlands (0.3K tons)
- India (0.3K tons)
- United States (0.3K tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the United Arab Emirates
In 2022, shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -44.1% to 1.6K tons, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. As a result, the exports reached the peak of 5K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira reduced slightly to $8.2M in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. As a result, the exports attained the peak of $15M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Oman | 4.4 | 5.6 | 2.5 | 3.6 | -6.5% |
India | 2.3 | 1.2 | 1.6 | 1.4 | -15.3% |
Singapore | N/A | N/A | N/A | 0.6 | 0% |
Egypt | 1.7 | 2.7 | 0.5 | 0.6 | -29.3% |
Netherlands | N/A | N/A | N/A | 0.4 | 0% |
Indonesia | N/A | N/A | N/A | 0.4 | 0% |
Kuwait | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
Democratic Republic of the Congo | N/A | N/A | N/A | N/A | 0% |
Iran | 0.2 | 3.0 | 0.8 | N/A | 100.0% |
Saudi Arabia | 0.4 | 1.7 | 2.2 | N/A | 134.5% |
Pakistan | N/A | N/A | N/A | N/A | 0% |
Others | 0.8 | 0.4 | 0.8 | 0.9 | 4.0% |
Total | 9.9 | 14.6 | 8.5 | 8.2 | -6.1% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from the United Arab Emirates in 2022:
- Oman (558.3 tons)
- India (517.6 tons)
- Egypt (93.8 tons)
- Indonesia (74.5 tons)
- Pakistan (69.3 tons)
- Singapore (60.4 tons)
- Kuwait (40.3 tons)
- Netherlands (31.5 tons)
- Democratic Republic of the Congo (26.0 tons)
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Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
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