Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $18,317 per ton, surging by 27% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% 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 +48.4% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($20,751 per ton), while the price for Malaysia ($3,552 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 (+12.2%), 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 Egypt (FOB) - 2022
The average export price for tube or pipe butt welding fittings of stainless steels stood at $3,861 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices reached the maximum at $8,318 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16,600 per ton), while the average price for exports to Saudi Arabia amounted to $3,234 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.6%).
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt
Imports of tube or pipe butt welding fittings of stainless steels into Egypt expanded sharply to 144 tons in 2022, rising by 15% on the previous year. In general, imports, however, continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 176% against the previous year.
In value terms, imports of tube or pipe butt welding fittings of stainless steels skyrocketed to $2.6M in 2022. Over the period under review, imports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 196%.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 839 | 253 | 639 | 949 | 4.2% |
| China | 208 | 110 | 624 | 608 | 43.0% |
| South Korea | 351 | 21.6 | 5.6 | 158 | -23.4% |
| Spain | 18.6 | 2.8 | 0.3 | 135 | 93.6% |
| Norway | 151 | 83.0 | 141 | 124 | -6.4% |
| Germany | 761 | 25.5 | 41.9 | 113 | -47.0% |
| United Arab Emirates | 5.2 | 2.8 | 1.7 | 76.6 | 145.1% |
| Singapore | 83.4 | 15.9 | 18.6 | 70.0 | -5.7% |
| United States | 303 | 12.3 | 18.5 | 55.9 | -43.1% |
| India | 47.7 | 8.9 | 9.8 | 52.2 | 3.1% |
| Netherlands | 36.8 | 11.3 | 29.3 | 42.4 | 4.8% |
| United Kingdom | 262 | 7.1 | 46.9 | 30.6 | -51.1% |
| Malaysia | 17.6 | 5.1 | 12.3 | 22.1 | 7.9% |
| Others | 1,077 | 49.3 | 210 | 196 | -43.3% |
| Total | 4,162 | 608 | 1,799 | 2,632 | -14.2% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Egypt in 2022:
- Italy (48.6 tons)
- China (31.1 tons)
- South Korea (8.5 tons)
- Spain (6.9 tons)
- Norway (6.3 tons)
- Malaysia (6.2 tons)
- Singapore (6.1 tons)
- Germany (5.8 tons)
- United Arab Emirates (3.7 tons)
- Netherlands (3.1 tons)
- United States (2.9 tons)
- India (2.9 tons)
- United Kingdom (1.6 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt
Exports of tube or pipe butt welding fittings of stainless steels from Egypt reduced markedly to 201 kg in 2022, waning by -47% compared with 2021. In general, exports saw a sharp reduction. The smallest decline of -7.8% was in 2020.
In value terms, exports of tube or pipe butt welding fittings of stainless steels fell notably to $776 in 2022. Overall, exports saw a sharp curtailment. The smallest decline of -20.9% was in 2020.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 18.4 | 30.7 | 1.1 | 0.6 | -68.1% |
| Germany | 9.4 | 6.1 | 0.2 | 0.1 | -78.0% |
| South Korea | 18.7 | N/A | N/A | N/A | 0% |
| Others | 4.3 | 3.3 | 0.2 | 0.1 | -71.5% |
| Total | 50.8 | 40.2 | 1.4 | 0.8 | -74.9% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Egypt in 2022:
- Saudi Arabia (192.0 kg)
- Germany (5.0 kg)
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