Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ethiopia - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ethiopia (CIF) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ethiopia
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ethiopia (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $9,331 per ton in 2022, surging by 29% against the previous year. In general, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 85% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($48,136 per ton), while the price for the UK ($3,983 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ethiopia
In 2022, supplies from abroad of tube or pipe butt welding fittings of stainless steels decreased by -78.9% to 14 tons, falling for the second year in a row after two years of growth. In general, imports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 164% against the previous year. As a result, imports reached the peak of 76 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tube or pipe butt welding fittings of stainless steels fell remarkably to $129K in 2022. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 239% against the previous year. As a result, imports attained the peak of $537K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.7 | 203 | 165 | 49.3 | -10.9% |
| United Arab Emirates | 0.8 | 29.5 | 115 | 30.9 | 238.0% |
| Finland | 4.7 | 20.5 | 42.9 | 12.0 | 36.7% |
| Turkey | 7.7 | 4.9 | 1.0 | 9.8 | 8.4% |
| Germany | 25.6 | 10.0 | 21.6 | 6.2 | -37.7% |
| United Kingdom | 15.4 | 10.9 | 10.2 | 5.7 | -28.2% |
| Taiwan (Chinese) | 2.2 | 4.8 | 11.3 | 3.6 | 17.8% |
| India | 1.3 | 2.2 | 5.1 | 1.6 | 7.2% |
| Italy | 1.0 | 63.5 | 65.2 | 1.2 | 6.3% |
| France | 13.2 | 169 | 6.0 | 0.2 | -75.3% |
| Others | 16.9 | 19.1 | 29.1 | 8.3 | -21.1% |
| Total | 159 | 537 | 473 | 129 | -6.7% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Ethiopia in 2022:
- United Arab Emirates (5.5 tons)
- China (5.1 tons)
- United Kingdom (1.4 tons)
- Turkey (0.4 tons)
- India (0.4 tons)
- Finland (0.3 tons)
- Taiwan (Chinese) (0.2 tons)
- Germany (0.2 tons)
- Italy (0.1 tons)
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