Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Brazil - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Brazil (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Brazil (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Brazil
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Brazil
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Brazil (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $10,491 per ton, jumping by 41% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. Over the period under review, average import prices reached the peak figure at $17,611 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($31,672 per ton), while the price for Hong Kong SAR ($8,722 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.3%), 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 Brazil (FOB) - 2022
The average export price for tube or pipe butt welding fittings of stainless steels stood at $27,441 per ton in 2022, surging by 43% against the previous year. Over the period under review, the export price recorded prominent growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 85%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($75,175 per ton), while the average price for exports to the United States ($5,000 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 Germany (+42.1%), 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 Brazil
After three years of growth, purchases abroad of tube or pipe butt welding fittings of stainless steels decreased by -11.4% to 1.7K tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of 1.9K tons, and then shrank in the following year.
In value terms, imports of tube or pipe butt welding fittings of stainless steels skyrocketed to $18M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 7.4 | 11.8 | 14.2 | 25.4% |
| United States | 0.8 | 0.3 | 0.2 | 1.5 | 23.3% |
| Hong Kong SAR | 0.1 | 0.4 | 0.8 | 0.3 | 44.2% |
| Others | 2.9 | 1.8 | 1.4 | 1.6 | -18.0% |
| Total | 10.9 | 9.9 | 14.2 | 17.7 | 17.5% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Brazil in 2022:
- China (1528.3 tons)
- United States (64.8 tons)
- Hong Kong SAR (38.8 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Brazil
For the third year in a row, Brazil recorded decline in overseas shipments of tube or pipe butt welding fittings of stainless steels, which decreased by -72.2% to 3.5 tons in 2022. Overall, exports showed a precipitous curtailment. The smallest decline of -27.2% was in 2021.
In value terms, exports of tube or pipe butt welding fittings of stainless steels shrank markedly to $95K in 2022. In general, exports saw a precipitous curtailment. The smallest decline of -27.1% was in 2020.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 73.8 | 42.7 | 83.0 | 32.5 | -23.9% |
| Argentina | 52.1 | 41.6 | 12.7 | 14.0 | -35.5% |
| Indonesia | 1.4 | 8.1 | 4.4 | 12.0 | 104.7% |
| Bolivia | 7.3 | 45.2 | 54.3 | 9.1 | 7.6% |
| Finland | N/A | N/A | N/A | 8.8 | 0% |
| Mexico | 3.7 | N/A | 0.2 | 8.6 | 32.5% |
| Chile | 264 | 42.9 | 37.6 | 6.2 | -71.4% |
| Uruguay | 2.5 | N/A | 26.0 | 0.7 | -34.6% |
| China | N/A | 148 | 0.6 | N/A | -99.6% |
| Netherlands | 49.5 | N/A | 0.1 | N/A | -95.5% |
| Others | 85.0 | 64.5 | 20.8 | 3.3 | -66.1% |
| Total | 539 | 393 | 240 | 95.2 | -43.9% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Brazil in 2022:
- Paraguay (1183.0 kg)
- Bolivia (607.0 kg)
- Chile (508.0 kg)
- Finland (390.0 kg)
- Argentina (323.0 kg)
- Mexico (199.0 kg)
- Indonesia (160.0 kg)
- Uruguay (22.0 kg)
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