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

Contents:

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

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

In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $11,563 per ton, growing by 54% against the previous year. In general, the import price saw a prominent increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 104%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Italy ($54,949 per ton), while the price for China ($4,274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.1%), 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 Kazakhstan (FOB) - 2022

In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $3,792 per ton, rising by 85% against the previous year. Overall, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Tajikistan ($11,836 per ton), while the average price for exports to Russia ($3,119 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+25.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of tube or pipe butt welding fittings of stainless steels decreased by -9.3% to 568 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 3,291% against the previous year. As a result, imports attained the peak of 7.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tube or pipe butt welding fittings of stainless steels skyrocketed to $6.6M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,900%. As a result, imports reached the peak of $43M. 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 Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.80.20.33.868.1%
China0.441.52.21.658.7%
Russia0.50.81.30.817.0%
Others0.40.30.90.40.0%
Total2.142.94.76.646.5%

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

  1. China (372.1 tons)
  2. Russia (115.3 tons)
  3. Italy (69.1 tons)

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

In 2022, shipments abroad of tube or pipe butt welding fittings of stainless steels decreased by -2.4% to 24 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 534%. As a result, the exports attained the peak of 45 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tube or pipe butt welding fittings of stainless steels skyrocketed to $89K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 423% against the previous year. As a result, the exports reached the peak of $92K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia15.975.938.765.860.5%
TajikistanN/AN/A4.59.5111.1%
Kyrgyzstan0.4N/A5.85.1133.6%
Uzbekistan1.014.20.42.026.0%
Others0.42.1N/A6.8157.1%
Total17.692.249.389.271.8%

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

  1. Russia (21.1 tons)
  2. Kyrgyzstan (1.5 tons)
  3. Tajikistan (0.8 tons)
  4. Uzbekistan (0.1 tons)

Source: IndexBox Market Intelligence Platform

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