Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Greece - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Greece (CIF) - 2024
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Greece (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Greece
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Greece
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Greece (CIF) - 2024
The average import price for tube or pipe butt welding fittings of stainless steels stood at $12,356 per ton in March 2024, with a decrease of -22.9% against the previous month. Overall, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in May 2023 an increase of 38% m-o-m. The import price peaked at $27,078 per ton in June 2023; however, from July 2023 to March 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($65,055 per ton), while the price for Malaysia ($7,008 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 the Netherlands (+15.0%), 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 Greece (FOB) - 2022
The average export price for tube or pipe butt welding fittings of stainless steels stood at $11,834 per ton in 2022, waning by -4.3% against the previous year. In general, the export price showed a mild decrease. The growth pace was the most rapid in 2017 when the average export price increased by 42%. Over the period under review, the average export prices reached the maximum at $14,777 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($17,751 per ton), while the average price for exports to South Korea ($1,360 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 Bahamas (+31.8%), 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 Greece
Imports of tube or pipe butt welding fittings of stainless steels into Greece expanded notably to 224 tons in 2022, growing by 6.7% compared with the previous year. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +48.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of tube or pipe butt welding fittings of stainless steels expanded sharply to $2.8M in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 55% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 547 | 587 | 892 | 877 | 17.0% |
| China | 229 | 171 | 455 | 439 | 24.2% |
| Malaysia | 61.8 | 50.3 | 80.3 | 313 | 71.7% |
| France | 153 | 91.1 | 163 | 233 | 15.1% |
| Germany | 89.9 | 132 | 346 | 231 | 37.0% |
| Netherlands | 65.6 | 94.4 | 248 | 161 | 34.9% |
| Taiwan (Chinese) | 89.0 | 112 | 158 | 132 | 14.0% |
| Spain | 84.1 | 118 | 64.8 | 59.9 | -10.7% |
| Others | 223 | 266 | 107 | 384 | 19.9% |
| Total | 1,542 | 1,622 | 2,514 | 2,831 | 22.4% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Greece in 2022:
- Italy (69.7 tons)
- China (46.7 tons)
- Malaysia (37.6 tons)
- France (15.9 tons)
- Taiwan (Chinese) (13.5 tons)
- Germany (12.5 tons)
- Netherlands (9.3 tons)
- Spain (2.0 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Greece
For the third consecutive year, Greece recorded decline in overseas shipments of tube or pipe butt welding fittings of stainless steels, which decreased by -19.4% to 20 tons in 2022. In general, exports recorded a sharp setback.
In value terms, exports of tube or pipe butt welding fittings of stainless steels contracted notably to $231K in 2022. Over the period under review, exports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 1.3%. As a result, the exports reached the peak of $377K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 29.5 | 53.3 | 135 | 42.9 | 13.3% |
| Nigeria | 0.8 | N/A | 0.7 | 32.4 | 243.4% |
| Liberia | 3.4 | 4.1 | 7.3 | 30.2 | 107.1% |
| Portugal | 70.4 | 19.2 | 51.5 | 27.4 | -27.0% |
| Bulgaria | 74.0 | 43.7 | 47.7 | 24.3 | -31.0% |
| Libya | N/A | N/A | N/A | 19.8 | 0% |
| Spain | 15.6 | 18.1 | 11.7 | 8.8 | -17.4% |
| Albania | 70.9 | 109 | 8.3 | 7.2 | -53.3% |
| Marshall Islands | 3.2 | 20.9 | N/A | 3.8 | 5.9% |
| South Korea | 4.7 | N/A | N/A | 2.5 | -19.0% |
| Namibia | 43.0 | N/A | N/A | N/A | 0% |
| Djibouti | 20.8 | 1.8 | N/A | N/A | -91.3% |
| Ghana | 7.2 | 69.3 | N/A | N/A | 862.5% |
| Others | 28.6 | 37.6 | 37.4 | 32.0 | 3.8% |
| Total | 372 | 377 | 300 | 231 | -14.7% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Greece in 2022:
- Libya (4.7 tons)
- Cyprus (2.8 tons)
- Liberia (2.0 tons)
- Nigeria (1.9 tons)
- South Korea (1.9 tons)
- Portugal (1.5 tons)
- Bulgaria (1.5 tons)
- Spain (0.6 tons)
- Albania (0.5 tons)
- Marshall Islands (0.5 tons)
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