Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Belgium - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Belgium (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Belgium (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belgium
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belgium
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Belgium (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $18,334 per ton in 2022, jumping by 16% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe butt welding fittings of stainless steels increased by +36.8% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 37% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($25,057 per ton), while the price for Poland ($2,673 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), 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 Belgium (FOB) - 2022
The average export price for tube or pipe butt welding fittings of stainless steels stood at $21,440 per ton in 2022, surging by 46% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The export price peaked at $22,555 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($33,802 per ton), while the average price for exports to Cote d'Ivoire ($8,711 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 Netherlands (+8.5%), 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 Belgium
After three years of growth, overseas purchases of tube or pipe butt welding fittings of stainless steels decreased by -10.6% to 1.1K tons in 2022. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 15%.
In value terms, imports of tube or pipe butt welding fittings of stainless steels totaled $20M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.4% 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 +62.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.9 | 4.8 | 6.0 | 7.9 | 26.5% |
| Germany | 2.2 | 2.1 | 3.2 | 3.1 | 12.1% |
| France | 1.9 | 1.9 | 2.3 | 2.0 | 1.7% |
| Finland | 0.9 | 1.0 | 1.5 | 1.5 | 18.6% |
| Malaysia | 0.8 | 0.6 | 0.7 | 1.4 | 20.5% |
| Thailand | 0.1 | 0.9 | 1.8 | 1.4 | 141.0% |
| China | 0.5 | 1.3 | 1.3 | 1.1 | 30.1% |
| Others | 2.1 | 2.2 | 2.2 | 1.6 | -8.7% |
| Total | 12.3 | 14.7 | 19.2 | 20.0 | 17.6% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Belgium in 2022:
- Netherlands (315.7 tons)
- Germany (166.5 tons)
- Malaysia (151.4 tons)
- Finland (123.9 tons)
- France (106.0 tons)
- Thailand (90.6 tons)
- China (50.8 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belgium
After three years of growth, shipments abroad of tube or pipe butt welding fittings of stainless steels decreased by -22.6% to 405 tons in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 69%.
In value terms, exports of tube or pipe butt welding fittings of stainless steels totaled $8.7M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +26.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,888 | 3,471 | 2,659 | 4,455 | 33.1% |
| Netherlands | 457 | 313 | 452 | 663 | 13.2% |
| Nigeria | 69.7 | 67.5 | 1.6 | 554 | 99.6% |
| Singapore | 27.4 | 533 | 333 | 505 | 164.1% |
| Germany | 102 | 118 | 256 | 274 | 39.0% |
| Spain | 73.1 | 60.7 | 173 | 269 | 54.4% |
| United Kingdom | 22.5 | 25.7 | 105 | 249 | 122.8% |
| Lebanon | N/A | N/A | N/A | 189 | 0% |
| Italy | 320 | 89.4 | 110 | 115 | -28.9% |
| Poland | 158 | 80.0 | 827 | 69.2 | -24.1% |
| Democratic Republic of the Congo | 11.0 | 43.6 | 238 | 45.8 | 60.9% |
| Cote d'Ivoire | 0.2 | 55.4 | 206 | 15.1 | 322.7% |
| Others | 1,148 | 1,446 | 2,347 | 1,283 | 3.8% |
| Total | 4,277 | 6,302 | 7,708 | 8,687 | 26.6% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Belgium in 2022:
- France (228.4 tons)
- Netherlands (27.2 tons)
- Singapore (22.4 tons)
- Nigeria (16.4 tons)
- United Kingdom (15.5 tons)
- Spain (12.2 tons)
- Lebanon (10.0 tons)
- Germany (9.4 tons)
- Italy (7.0 tons)
- Poland (5.4 tons)
- Democratic Republic of the Congo (4.0 tons)
- Cote d'Ivoire (1.7 tons)
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