Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland (FOB) - 2024
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland (CIF) - 2022
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland (FOB) - 2024
In March 2024, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $14,017 per ton, reducing by -14.1% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2024 an increase of 47% against the previous month. As a result, the export price reached the peak level of $16,314 per ton, and then shrank in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($22,974 per ton), while the average price for exports to Morocco ($10,577 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $15,345 per ton in 2022, declining by -18.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 51% against the previous year. As a result, import price attained the peak level of $18,761 per ton, and then dropped markedly in the following year.
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 Germany ($19,953 per ton), while the price for Estonia ($5,909 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.0%), 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 Finland
In 2022, the amount of tube or pipe butt welding fittings of stainless steels exported from Finland fell to 1.5K tons, with a decrease of -12.9% against the year before. In general, exports recorded a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports reached the peak of 1.7K tons, and then reduced in the following year.
In value terms, exports of tube or pipe butt welding fittings of stainless steels rose to $20M in 2022. The total export value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 41% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.3 | 2.5 | 3.3 | 4.2 | 8.4% |
| Sweden | 1.7 | 1.8 | 2.5 | 2.3 | 10.6% |
| Italy | 1.3 | 1.4 | 2.3 | 1.8 | 11.5% |
| France | 0.8 | 1.1 | 2.1 | 1.8 | 31.0% |
| Netherlands | 1.0 | 1.0 | 1.2 | 1.7 | 19.3% |
| Norway | 1.3 | 1.3 | 1.5 | 1.3 | 0.0% |
| Switzerland | 0.8 | 0.8 | 1.2 | 1.2 | 14.5% |
| Poland | 0.6 | 0.6 | 1.1 | 1.0 | 18.6% |
| Turkey | 1.7 | 0.3 | 1.2 | 0.9 | -19.1% |
| Denmark | 0.9 | 0.7 | 0.6 | 0.7 | -8.0% |
| Austria | 0.5 | 0.3 | 0.5 | 0.7 | 11.9% |
| Belgium | 0.4 | 0.2 | 0.3 | 0.4 | 0.0% |
| Spain | 0.6 | 0.3 | 0.3 | 0.4 | -12.6% |
| Others | 1.5 | 1.6 | 1.7 | 1.6 | 2.2% |
| Total | 16.4 | 14.0 | 19.7 | 20.1 | 7.0% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Finland in 2022:
- Germany (350.9 tons)
- Italy (170.1 tons)
- France (155.6 tons)
- Netherlands (127.1 tons)
- Sweden (103.1 tons)
- Norway (91.8 tons)
- Turkey (79.5 tons)
- Poland (73.0 tons)
- Switzerland (53.2 tons)
- Austria (48.3 tons)
- Denmark (41.9 tons)
- Spain (36.4 tons)
- Belgium (32.9 tons)
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland
In 2022, approx. 679 tons of tube or pipe butt welding fittings of stainless steels were imported into Finland; increasing by 8.7% against the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of 756 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 contracted to $10M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of $12M, and then shrank in the following year.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.9 | 3.5 | 2.7 | 3.5 | -3.5% |
| Germany | 0.7 | 1.2 | 4.8 | 2.1 | 44.2% |
| Netherlands | 1.2 | 1.9 | 1.1 | 1.5 | 7.7% |
| France | 0.7 | 0.8 | 0.5 | 1.0 | 12.6% |
| Denmark | 0.3 | 0.3 | 0.3 | 0.6 | 26.0% |
| Italy | 0.6 | 0.5 | 0.3 | 0.4 | -12.6% |
| Estonia | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| Poland | 0.1 | 0.5 | 0.2 | 0.2 | 26.0% |
| Others | 0.5 | 0.6 | 1.4 | 1.1 | 30.1% |
| Total | 8.2 | 9.4 | 11.7 | 10.4 | 8.2% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Finland in 2022:
- Sweden (247.7 tons)
- France (111.2 tons)
- Germany (104.9 tons)
- Netherlands (77.1 tons)
- Denmark (45.8 tons)
- Estonia (32.1 tons)
- Italy (22.5 tons)
- Poland (14.7 tons)
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