Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $11,855 per ton in 2022, falling by -44.7% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 126%. As a result, import price reached the peak level of $29,382 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($76,219 per ton), while the price for Iran ($2,095 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.7%), 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 Azerbaijan (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $1,130 per ton, jumping by 29% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The export price peaked at $64,767 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($1,163 per ton), while the average price for exports to Latvia totaled $822 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan
In 2022, supplies from abroad of tube or pipe butt welding fittings of stainless steels decreased by -47.5% to 67 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a sharp contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 136%. As a result, imports attained the peak of 322 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tube or pipe butt welding fittings of stainless steels reduced dramatically to $795K in 2022. In general, imports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of 271% against the previous year. As a result, imports attained the peak of $6.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,110 | 4,088 | 1,031 | 203 | -43.2% |
| South Korea | N/A | 2.2 | 88.2 | 148 | 720.2% |
| China | 136 | 124 | 164 | 145 | 2.2% |
| United Kingdom | 223 | 1,546 | 1,133 | 89.3 | -26.3% |
| Turkey | 93.5 | 81.6 | 79.1 | 57.3 | -15.1% |
| Netherlands | 30.9 | 190 | 13.8 | 28.2 | -3.0% |
| India | N/A | N/A | 13.4 | 21.1 | 57.5% |
| Iran | N/A | N/A | 4.9 | 3.4 | -30.6% |
| Others | 87.4 | 201 | 215 | 99.5 | 4.4% |
| Total | 1,680 | 6,232 | 2,742 | 795 | -22.1% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Azerbaijan in 2022:
- China (23.8 tons)
- Turkey (11.4 tons)
- South Korea (10.2 tons)
- Italy (6.3 tons)
- Netherlands (4.6 tons)
- India (2.9 tons)
- Iran (1.6 tons)
- United Kingdom (1.2 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan
In 2022, shipments abroad of tube or pipe butt welding fittings of stainless steels decreased by -83.9% to 12 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 567% against the previous year.
In value terms, exports of tube or pipe butt welding fittings of stainless steels plummeted to $13K in 2022. Over the period under review, exports, however, saw a modest expansion. The pace of growth appeared the most rapid in 2020 with an increase of 378% against the previous year.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | 18.8 | 57.0 | 8.1 | -34.4% |
| Latvia | N/A | N/A | N/A | 3.9 | 0% |
| Netherlands | 11.4 | 42.0 | N/A | N/A | 268.4% |
| Others | 1.4 | 0.2 | 6.5 | 1.2 | -5.0% |
| Total | 12.8 | 61.0 | 63.5 | 13.2 | 1.0% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Azerbaijan in 2022:
- Iran (6.9 tons)
- Latvia (4.8 tons)
463
This report provides an in-depth analysis of the market for iron or steel tube fitting in Azerbaijan.
1356
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
476
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
450
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
464
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
463
This report provides an in-depth analysis of the market for iron or steel tube fitting in Azerbaijan.
1356
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
476
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
450
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
464
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
241
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.
3856
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
1484
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...
1179
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...
1295
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
241
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.
3856
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
1484
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...
1179
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...
1295
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
