Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in France - 2024

Contents:

  1. Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in France (CIF) - 2024
  2. Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in France (FOB) - 2022
  3. Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in France
  4. Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in France

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in France (CIF) - 2024

The average import price for tube or pipe butt welding fittings of stainless steels stood at $13,418 per ton in March 2024, which is down by -28% against the previous month. In general, the import price saw a pronounced decline. The pace of growth was the most pronounced in December 2023 when the average import price increased by 102% m-o-m. As a result, import price reached the peak level of $35,804 per ton. From January 2024 to March 2024, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($15,260 per ton), while the price for Malaysia ($8,737 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in France (FOB) - 2022

The average export price for tube or pipe butt welding fittings of stainless steels stood at $15,292 per ton in 2022, with an increase of 12% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 42%. As a result, the export price attained the peak level of $17,971 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($18,107 per ton), while the average price for exports to Sweden ($12,014 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 Spain (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in France

Imports of tube or pipe butt welding fittings of stainless steels into France reduced to 2.5K tons in 2022, waning by -12.1% against the year before. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of 2.9K tons, and then shrank in the following year.

In value terms, imports of tube or pipe butt welding fittings of stainless steels contracted rapidly to $45M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, imports attained the peak of $53M, and then shrank significantly in the following year.

Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A0.415.28.9371.7%
Italy6.08.08.18.311.4%
Germany6.56.88.67.13.0%
Finland2.43.45.85.330.2%
China1.51.52.33.026.0%
Netherlands1.11.62.32.633.2%
Belgium2.32.02.92.30.0%
Spain0.60.60.81.535.7%
Malaysia1.30.60.51.2-2.6%
Sweden1.00.61.20.9-3.5%
Taiwan (Chinese)0.30.30.30.626.0%
United Kingdom0.35.40.30.410.1%
Others3.82.84.52.7-10.8%
Total26.933.952.744.618.4%

Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to France in 2022:

  1. Italy (742.2 tons)
  2. Finland (464.6 tons)
  3. Germany (322.6 tons)
  4. China (188.8 tons)
  5. Netherlands (164.0 tons)
  6. Belgium (159.3 tons)
  7. Malaysia (119.2 tons)
  8. Sweden (93.7 tons)
  9. Spain (88.0 tons)
  10. Japan (55.9 tons)
  11. Taiwan (Chinese) (47.7 tons)
  12. United Kingdom (7.5 tons)

Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in France

Exports of tube or pipe butt welding fittings of stainless steels from France declined to 2.2K tons in 2022, with a decrease of -7% compared with 2021. Overall, exports continue to indicate a abrupt decline. The smallest decline of -1.5% was in 2021.

In value terms, exports of tube or pipe butt welding fittings of stainless steels rose to $34M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.65.46.16.3-1.5%
Netherlands2.31.92.53.09.3%
Italy3.12.82.72.8-3.3%
United Kingdom1.91.51.71.90.0%
Austria1.61.32.01.84.0%
Finland1.21.41.51.610.1%
Switzerland1.51.32.01.62.2%
Spain1.41.11.21.64.6%
Denmark0.80.80.91.317.6%
Poland1.51.21.61.3-4.7%
Sweden0.60.50.91.122.4%
Portugal1.00.71.01.00.0%
Morocco0.50.70.70.817.0%
Others7.67.67.67.60.0%
Total31.728.432.333.82.2%

Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from France in 2022:

  1. Germany (448.0 tons)
  2. Italy (210.1 tons)
  3. Netherlands (171.7 tons)
  4. Finland (119.9 tons)
  5. Austria (111.3 tons)
  6. United Kingdom (107.2 tons)
  7. Switzerland (104.4 tons)
  8. Spain (101.5 tons)
  9. Poland (100.9 tons)
  10. Sweden (91.7 tons)
  11. Denmark (76.9 tons)
  12. Portugal (70.4 tons)
  13. Morocco (66.8 tons)

Source: IndexBox Market Intelligence Platform

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