Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $7,984 per ton in 2022, declining by -11.5% against the previous year. In general, the import price recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by 68% against the previous year. Over the period under review, average import prices hit record highs at $12,929 per ton in 2012; however, from 2013 to 2022, 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 South Korea ($25,547 per ton), while the price for Saudi Arabia ($2,575 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 (+5.0%), 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 Bahrain (FOB) - 2022
The average export price for tube or pipe butt welding fittings of stainless steels stood at $12,841 per ton in 2022, shrinking by -17.8% against the previous year. Over the period under review, the export price, however, saw a moderate increase. The most prominent rate of growth was recorded in 2016 an increase of 125%. The export price peaked at $18,357 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($72,500 per ton), while the average price for exports to Saudi Arabia ($8,975 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 the United Arab Emirates (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain
In 2022, supplies from abroad of tube or pipe butt welding fittings of stainless steels decreased by -2.3% to 99 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of 640 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tube or pipe butt welding fittings of stainless steels fell to $792K in 2022. In general, imports saw a significant decline. The pace of growth appeared the most rapid in 2020 when imports increased by 24%. As a result, imports reached the peak of $3.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 207 | 321 | 421 | 321 | 15.7% |
| Italy | 37.9 | 121 | 148 | 179 | 67.8% |
| United Arab Emirates | 15.8 | 19.2 | 169 | 120 | 96.6% |
| China | 2,273 | 2,681 | 70.2 | 70.5 | -68.6% |
| Kuwait | 8.4 | 14.0 | 14.8 | 22.3 | 38.5% |
| India | 40.6 | 8.7 | 15.2 | 13.8 | -30.2% |
| Saudi Arabia | 4.2 | 15.9 | 2.4 | 6.1 | 13.2% |
| Others | 195 | 257 | 76.3 | 60.5 | -32.3% |
| Total | 2,781 | 3,438 | 917 | 792 | -34.2% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Bahrain in 2022:
- Italy (42.6 tons)
- China (21.8 tons)
- South Korea (12.6 tons)
- United Arab Emirates (6.5 tons)
- Kuwait (6.2 tons)
- India (2.6 tons)
- Saudi Arabia (2.4 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain
Exports of tube or pipe butt welding fittings of stainless steels from Bahrain reduced sharply to 301 kg in 2022, dropping by -45.2% on the previous year. In general, exports showed a dramatic shrinkage.
In value terms, exports of tube or pipe butt welding fittings of stainless steels declined remarkably to $3.9K in 2022. Over the period under review, exports recorded a significant decrease.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 87.7 | 39.2 | 7.0 | 2.5 | -69.5% |
| United States | 185 | 11.5 | 0.4 | 0.6 | -85.2% |
| United Arab Emirates | 8.4 | 10.6 | 0.4 | 0.5 | -61.0% |
| Others | 2.1 | 4.2 | 0.7 | 0.2 | -54.3% |
| Total | 283 | 65.5 | 8.6 | 3.9 | -76.0% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Bahrain in 2022:
- Saudi Arabia (282.0 kg)
- United Arab Emirates (9.0 kg)
- United States (8.0 kg)
297
This report provides an in-depth analysis of the market for iron or steel tube fitting in Bahrain.
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.
297
This report provides an in-depth analysis of the market for iron or steel tube fitting in Bahrain.
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
