Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Belarus - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Belarus (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Belarus (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belarus
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belarus
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Belarus (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $13,243 per ton, surging by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, import price reached 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 South Korea ($78,943 per ton), while the price for Russia ($10,415 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 (+27.9%), 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 Belarus (FOB) - 2022
The average export price for tube or pipe butt welding fittings of stainless steels stood at $31,832 per ton in 2022, jumping by 68% against the previous year. Over the period under review, the export price saw a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($46,320 per ton), while the average price for exports to Kazakhstan ($29,400 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 Russia (+11.8%), 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 Belarus
For the third consecutive year, Belarus recorded decline in supplies from abroad of tube or pipe butt welding fittings of stainless steels, which decreased by -80% to 39 tons in 2022. In general, imports recorded a sharp curtailment. The smallest decline of -25.3% was in 2021.
In value terms, imports of tube or pipe butt welding fittings of stainless steels shrank sharply to $517K in 2022. Over the period under review, imports recorded a dramatic decline. The smallest decline of -15% was in 2021.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4,356 | 977 | 746 | 297 | -59.1% |
| China | 424 | 482 | 484 | 55.7 | -49.2% |
| South Korea | 268 | 169 | 205 | 54.1 | -41.3% |
| Germany | 149 | 327 | 106 | 18.3 | -50.3% |
| Poland | 79.9 | 101 | 140 | 15.8 | -41.7% |
| Czech Republic | 705 | 91.5 | 69.1 | 9.5 | -76.2% |
| Italy | 1,964 | 265 | 177 | 0.6 | -93.3% |
| Others | 639 | 207 | 299 | 66.6 | -52.9% |
| Total | 8,585 | 2,619 | 2,226 | 517 | -60.8% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Belarus in 2022:
- Russia (28.5 tons)
- China (5.1 tons)
- Poland (1.0 tons)
- South Korea (0.7 tons)
- Germany (0.6 tons)
- Czech Republic (0.4 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belarus
In 2022, shipments abroad of tube or pipe butt welding fittings of stainless steels decreased by -93.2% to 1.2 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. As a result, the exports attained the peak of 34 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tube or pipe butt welding fittings of stainless steels contracted dramatically to $39K in 2022. Overall, exports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by 40%. As a result, the exports attained the peak of $399K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 264 | 359 | 309 | 35.6 | -48.7% |
| Kazakhstan | 0.7 | 1.8 | 4.4 | 1.9 | 39.5% |
| Ukraine | 1.9 | 7.8 | 10.0 | 1.2 | -14.2% |
| Austria | 17.4 | 25.5 | 18.6 | 0.6 | -67.5% |
| Others | 2.0 | 4.7 | 0.6 | N/A | -45.2% |
| Total | 286 | 399 | 342 | 39.3 | -48.4% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Belarus in 2022:
- Russia (1133.0 kg)
- Kazakhstan (65.0 kg)
- Ukraine (25.0 kg)
- Austria (6.0 kg)
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