Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Indonesia - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Indonesia (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Indonesia (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Indonesia
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Indonesia
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Indonesia (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $11,539 per ton in 2022, increasing by 51% against the previous year. In general, the import price recorded a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 United States ($68,696 per ton), while the price for Malaysia ($9,258 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+33.3%), 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 Indonesia (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $11,386 per ton, waning by -5.8% against the previous year. Overall, the export price, however, posted a strong increase. The growth pace was the most rapid in 2018 an increase of 71% against the previous year. Over the period under review, the average export prices reached the maximum at $12,084 per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($20,961 per ton), while the average price for exports to China ($556 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 Saudi Arabia (+8.8%), 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 Indonesia
In 2022, purchases abroad of tube or pipe butt welding fittings of stainless steels was finally on the rise to reach 2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a relatively flat trend pattern.
In value terms, imports of tube or pipe butt welding fittings of stainless steels skyrocketed to $24M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 3.2 | 3.6 | 15.2 | 44.9% |
| Japan | 0.5 | 0.6 | 0.9 | 2.2 | 63.9% |
| Malaysia | 1.2 | 1.1 | 0.3 | 1.3 | 2.7% |
| Singapore | 3.9 | 2.0 | 0.7 | 0.9 | -38.7% |
| Italy | 0.1 | 1.6 | 0.1 | 0.8 | 100.0% |
| South Korea | 0.5 | 1.4 | 0.6 | 0.7 | 11.9% |
| Others | 1.1 | 1.8 | 1.3 | 2.5 | 31.5% |
| Total | 12.3 | 11.7 | 7.4 | 23.5 | 24.1% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Indonesia in 2022:
- China (1435.6 tons)
- Japan (184.8 tons)
- Malaysia (136.2 tons)
- Singapore (78.0 tons)
- Italy (51.7 tons)
- South Korea (36.1 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Indonesia
In 2022, approx. 72 tons of tube or pipe butt welding fittings of stainless steels were exported from Indonesia; falling by -62.6% compared with 2021. In general, exports showed a precipitous setback. The smallest decline of -44.9% was in 2020.
In value terms, exports of tube or pipe butt welding fittings of stainless steels reduced dramatically to $817K in 2022. Over the period under review, exports faced a significant curtailment. The smallest decline of -29.7% was in 2021.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 241 | 430 | 1,338 | 580 | 34.0% |
| Thailand | 71.2 | 75.6 | 429 | 104 | 13.5% |
| Singapore | 2,397 | 2,208 | 544 | 94.2 | -66.0% |
| India | 40.0 | N/A | N/A | 20.5 | -20.0% |
| United Arab Emirates | 6.8 | N/A | N/A | 7.2 | 1.9% |
| China | 968 | 221 | N/A | 0.2 | -94.1% |
| United States | 156 | 0.7 | N/A | N/A | -99.6% |
| Saudi Arabia | 1,512 | N/A | N/A | N/A | 0% |
| Others | 953 | 357 | 4.5 | 10.1 | -78.0% |
| Total | 6,345 | 3,292 | 2,316 | 817 | -49.5% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Indonesia in 2022:
- Japan (27.7 tons)
- Thailand (21.0 tons)
- Singapore (18.0 tons)
- India (1.8 tons)
- United Arab Emirates (1.1 tons)
- China (0.4 tons)
1460
This report provides an in-depth analysis of the market for iron or steel tube fitting in Indonesia.
385
This report provides an in-depth analysis of the market for cast steel pipe fittings in Indonesia.
294
This report provides an in-depth analysis of the market for malleable cast iron pipe fittings in Indonesia.
356
This report provides an in-depth analysis of the market for non-malleable cast iron pipe fittings in Indonesia.
1356
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
476
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
450
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
464
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
1460
This report provides an in-depth analysis of the market for iron or steel tube fitting in Indonesia.
385
This report provides an in-depth analysis of the market for cast steel pipe fittings in Indonesia.
241
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.
3856
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
1484
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...
1179
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...
1295
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
241
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.
3856
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
1484
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...
1179
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...
1295
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
