Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina - 2024

Contents:

  1. Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina (CIF) - 2022
  2. Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina (FOB) - 2022
  3. Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina
  4. Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina (CIF) - 2022

The average import price for tube or pipe butt welding fittings of stainless steels stood at $12,098 per ton in 2022, with an increase of 7.6% against the previous year. Over the period under review, the import price, however, showed a slight slump. The most prominent rate of growth was recorded in 2015 an increase of 37% against the previous year. As a result, import price attained the peak level of $21,122 per ton. From 2016 to 2022, the average import prices remained at a 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 the United States ($127,976 per ton), while the price for China ($10,624 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina (FOB) - 2022

The average export price for tube or pipe butt welding fittings of stainless steels stood at $16,323 per ton in 2022, with an increase of 65% against the previous year. In general, the export price enjoyed prominent growth. The growth pace was the most rapid in 2013 when the average export price increased by 113% against the previous year. As a result, the export price attained the peak level of $17,162 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($17,878 per ton), while the average price for exports to Uruguay ($13,192 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 Paraguay (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina

In 2022, the amount of tube or pipe butt welding fittings of stainless steels imported into Argentina skyrocketed to 377 tons, growing by 54% against 2021 figures. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% 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 +57.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tube or pipe butt welding fittings of stainless steels surged to $4.6M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.4% 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 +76.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,4161,6862,1713,54813.7%
Taiwan (Chinese)16110370.841537.1%
United States444134266261-16.2%
Others370666238336-3.2%
Total3,3912,5892,7454,56010.4%

Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Argentina in 2022:

  1. China (333.9 tons)
  2. Taiwan (Chinese) (32.1 tons)
  3. United States (2.0 tons)

Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina

In 2022, approx. 2.5 tons of tube or pipe butt welding fittings of stainless steels were exported from Argentina; waning by -82.3% compared with the previous year. Over the period under review, exports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 198%. As a result, the exports attained the peak of 14 tons, and then contracted remarkably in the following year.

In value terms, exports of tube or pipe butt welding fittings of stainless steels dropped sharply to $41K in 2022. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 159%. As a result, the exports reached the peak of $142K, and then contracted notably in the following year.

Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay3.320.161.719.681.1%
Uruguay10.813.017.013.78.3%
Bolivia13.37.810.54.6-29.8%
Chile12.7N/AN/AN/A0%
Saudi ArabiaN/A11.550.5N/A339.1%
Others0.42.11.83.5106.1%
Total40.554.614241.30.7%

Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Argentina in 2022:

  1. Paraguay (1231.0 kg)
  2. Uruguay (1035.0 kg)
  3. Bolivia (255.0 kg)

Source: IndexBox Market Intelligence Platform

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