Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia (FOB) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia (CIF) - 2022
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $35,184 per ton, increasing by 92% against the previous year. Overall, the export price continues to indicate resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($41,913 per ton), while the average price for exports to Latvia ($8,237 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 Russia (+17.6%), while the prices for the other major destinations experienced a decline.
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $18,442 per ton, surging by 68% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 +86.7% against 2019 indices. The import price peaked at $18,903 per ton in 2014; however, from 2015 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 Netherlands ($61,914 per ton), while the price for Germany ($10,810 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia
In 2022, shipments abroad of tube or pipe butt welding fittings of stainless steels was finally on the rise to reach 75 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe butt welding fittings of stainless steels soared to $2.6M in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 514 | 647 | 183 | 2,398 | 67.1% |
United States | 7.4 | N/A | N/A | 111 | 146.6% |
Latvia | 52.1 | 69.1 | 67.1 | 46.8 | -3.5% |
Lithuania | 40.6 | 58.7 | 35.3 | 37.6 | -2.5% |
Finland | 9.5 | 24.9 | 185 | 1.1 | -51.3% |
Others | 8.1 | 44.9 | 130 | 31.4 | 57.1% |
Total | 632 | 845 | 600 | 2,625 | 60.7% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Estonia in 2022:
- Russia (57.2 tons)
- United States (6.8 tons)
- Latvia (5.7 tons)
- Lithuania (3.4 tons)
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia
In 2022, the amount of tube or pipe butt welding fittings of stainless steels imported into Estonia rose significantly to 105 tons, growing by 11% against 2021 figures. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years.
In value terms, imports of tube or pipe butt welding fittings of stainless steels surged to $1.9M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 64.1 | 121 | 86.2 | 963 | 146.7% |
Finland | 393 | 291 | 274 | 231 | -16.2% |
Germany | 121 | 665 | 367 | 203 | 18.8% |
Netherlands | 39.6 | 57.3 | 77.0 | 190 | 68.7% |
Poland | 39.0 | 88.9 | 65.5 | 140 | 53.1% |
Lithuania | 16.2 | 7.7 | 10.0 | 41.7 | 37.0% |
Romania | 9.5 | 17.7 | 23.1 | 39.3 | 60.5% |
China | 50.9 | 43.7 | N/A | 14.4 | -34.4% |
Others | 233 | 45.6 | 135 | 115 | -21.0% |
Total | 967 | 1,338 | 1,039 | 1,938 | 26.1% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Estonia in 2022:
- Italy (44.8 tons)
- Germany (18.8 tons)
- Finland (15.1 tons)
- Poland (12.2 tons)
- Netherlands (3.1 tons)
- Lithuania (2.5 tons)
- Romania (2.3 tons)
- China (1.3 tons)
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t