Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Algeria - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Algeria (CIF) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Algeria
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Algeria (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $16,267 per ton, increasing by 48% against the previous year. In general, the import price, however, recorded a slight downturn. Over the period under review, average import prices attained the peak figure at $18,450 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($151,316 per ton), while the price for India ($6,891 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Algeria
In 2022, overseas purchases of tube or pipe butt welding fittings of stainless steels decreased by -28.2% to 85 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a pronounced slump. The growth pace was the most rapid in 2020 when imports increased by 472% against the previous year. As a result, imports reached the peak of 566 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tube or pipe butt welding fittings of stainless steels rose markedly to $1.4M in 2022. In general, imports, however, posted a temperate increase. The pace of growth appeared the most rapid in 2020 with an increase of 312% against the previous year. As a result, imports reached the peak of $5.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 319 | 748 | 101 | 513 | 17.2% |
China | 294 | 773 | 484 | 285 | -1.0% |
Spain | 2.1 | 195 | 182 | 199 | 355.9% |
Turkey | 4.1 | 47.5 | 4.6 | 134 | 219.7% |
Italy | 380 | 3,266 | 311 | 84.8 | -39.3% |
India | 0.3 | 9.4 | 6.4 | 20.4 | 308.2% |
Others | 280 | 231 | 222 | 153 | -18.2% |
Total | 1,279 | 5,269 | 1,311 | 1,389 | 2.8% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Algeria in 2022:
- China (33.8 tons)
- France (29.0 tons)
- Turkey (10.4 tons)
- Italy (4.0 tons)
- India (3.0 tons)
- Spain (1.3 tons)
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
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...
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...
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t