Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Chile - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Chile (CIF) - 2024
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Chile (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Chile
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Chile
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Chile (CIF) - 2024
In April 2024, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $22,563 per ton, surging by 147% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $23,421 per ton in April 2023; however, from May 2023 to April 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was the Netherlands ($65,320 per ton), while the price for Brazil ($19,380 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by India (+68.8%), 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 Chile (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $23,435 per ton, increasing by 12% against the previous year. Over the period under review, the export price continues to indicate perceptible growth. The growth pace was the most rapid in 2020 when the average export price increased by 99.9%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
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 Bolivia ($33,017 per ton), while the average price for exports to Argentina ($8,225 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 Paraguay (+15.4%), 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 Chile
After three years of growth, purchases abroad of tube or pipe butt welding fittings of stainless steels decreased by -20.1% to 416 tons in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of 521 tons, and then reduced remarkably in the following year.
In value terms, imports of tube or pipe butt welding fittings of stainless steels surged to $4.3M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +52.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,007 | 2,201 | 3,053 | 3,638 | 21.9% |
| India | 4.5 | 4.5 | 5.1 | 133 | 209.2% |
| United States | 390 | 151 | 208 | 77.9 | -41.5% |
| Others | 413 | 430 | 319 | 402 | -0.9% |
| Total | 2,815 | 2,787 | 3,586 | 4,251 | 14.7% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Chile in 2022:
- China (388.0 tons)
- India (8.6 tons)
- United States (4.3 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Chile
For the fourth consecutive year, Chile recorded growth in shipments abroad of tube or pipe butt welding fittings of stainless steels, which increased by 52% to 4.6 tons in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 104%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of tube or pipe butt welding fittings of stainless steels surged to $109K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 308% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | N/A | 15.5 | 37.7 | 75.5 | 120.7% |
| Uruguay | N/A | 0.6 | 5.4 | 13.5 | 374.3% |
| Paraguay | 1.8 | 3.3 | 11.3 | 9.2 | 72.3% |
| Argentina | 2.7 | N/A | N/A | 5.7 | 28.3% |
| Peru | 2.2 | 7.8 | 8.4 | 4.9 | 30.6% |
| Others | N/A | 0.3 | 1.5 | N/A | 400.0% |
| Total | 6.7 | 27.5 | 64.3 | 109 | 153.4% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Chile in 2022:
- Bolivia (2287.0 kg)
- Paraguay (1102.0 kg)
- Argentina (697.0 kg)
- Uruguay (408.0 kg)
- Peru (149.0 kg)
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