Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $5,562 per ton in 2022, growing by 44% against the previous year. In general, the import price, however, recorded a mild reduction. Over the period under review, average import prices attained the maximum at $9,673 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 the United States ($16,630 per ton), while the price for Thailand ($1,244 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador (FOB) - 2022
The average export price for tube or pipe butt welding fittings of stainless steels stood at $25,857 per ton in 2022, with a decrease of -39.9% against the previous year. In general, the export price, however, showed a strong increase. The growth pace was the most rapid in 2021 an increase of 200% against the previous year. As a result, the export price attained the peak level of $43,000 per ton, and then fell sharply in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($83,000 per ton), while the average price for exports to Panama ($1,000 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 Peru (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador
In 2022, the amount of tube or pipe butt welding fittings of stainless steels imported into Ecuador shrank rapidly to 158 tons, waning by -17% on the previous year. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 337%. As a result, imports reached the peak of 190 tons, and then shrank remarkably in the following year.
In value terms, imports of tube or pipe butt welding fittings of stainless steels soared to $879K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 185% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 338 | 154 | 637 | 683 | 26.4% |
| Malaysia | 3.0 | 5.1 | 13.0 | 65.0 | 178.8% |
| United States | 7.9 | 24.2 | 23.2 | 33.3 | 61.5% |
| Thailand | 5.3 | 3.4 | 3.3 | 2.8 | -19.2% |
| Others | 91.8 | 70.7 | 58.1 | 95.1 | 1.2% |
| Total | 446 | 257 | 734 | 879 | 25.4% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Ecuador in 2022:
- China (129.7 tons)
- Malaysia (16.4 tons)
- Thailand (2.3 tons)
- United States (2.0 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador
In 2022, exports of tube or pipe butt welding fittings of stainless steels from Ecuador soared to 7 kg, picking up by 17% compared with 2021 figures. In general, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year.
In value terms, exports of tube or pipe butt welding fittings of stainless steels shrank remarkably to $181 in 2022. Overall, exports, however, showed a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 500% against the previous year.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 83.0 | 0% |
| Colombia | 272 | 23.0 | 26.0 | 56.0 | -41.0% |
| Peru | 85.0 | 14.0 | 71.0 | 38.0 | -23.5% |
| Panama | N/A | N/A | N/A | 4.0 | 0% |
| China | N/A | 6.0 | 161 | N/A | 2583.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 357 | 43.0 | 258 | 181 | -20.3% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Ecuador in 2022:
- Panama (4.0 kg)
- Switzerland (1.0 kg)
- Peru (1.0 kg)
- Colombia (1.0 kg)
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