Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan - 2023
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $710 per ton in 2022, which is down by -34.3% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46% against the previous year. The import price peaked at $1,080 per ton in 2021, and then reduced notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($1,244 per ton), while the price for the United States ($586 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.9%), 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 Pakistan (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $10,000 per ton, waning by -31.4% against the previous year. Over the period under review, the export price recorded a noticeable curtailment. The growth pace was the most rapid in 2014 when the average export price increased by 3,399%. Over the period under review, the average export prices reached the maximum at $32,833 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Finland.
From 2012 to 2022, the rate of growth in terms of prices for Gambia amounted to +220.9% per year.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan
In 2022, supplies from abroad of tube or pipe butt welding fittings of stainless steels decreased by -25.4% to 663 tons, falling for the second year in a row after two years of growth. In general, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 70%. As a result, imports attained the peak of 2.6K 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 fell notably to $471K in 2022. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 148% against the previous year. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 895 | 2,755 | 707 | 299 | -30.6% |
| South Korea | 0.9 | 33.0 | 54.9 | 49.8 | 281.1% |
| Italy | N/A | 11.2 | 133 | 32.9 | 71.4% |
| Spain | N/A | N/A | N/A | 17.5 | 0% |
| United States | 33.4 | N/A | 13.0 | 7.2 | -40.0% |
| United Kingdom | 30.3 | N/A | 3.7 | 1.9 | -60.3% |
| Japan | 126 | N/A | 5.8 | N/A | -78.5% |
| Others | 51.3 | 21.3 | 42.6 | 62.2 | 6.6% |
| Total | 1,137 | 2,821 | 960 | 471 | -25.5% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Pakistan in 2022:
- China (471.6 tons)
- South Korea (40.0 tons)
- Italy (35.7 tons)
- Spain (26.3 tons)
- United States (12.2 tons)
- United Kingdom (1.9 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan
Exports of tube or pipe butt welding fittings of stainless steels from Pakistan contracted dramatically to 6 kg in 2022, shrinking by -99.1% against the year before. Over the period under review, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 5,775% against the previous year. As a result, the exports reached the peak of 705 kg, and then dropped remarkably in the following year.
In value terms, exports of tube or pipe butt welding fittings of stainless steels declined markedly to $60 in 2022. Overall, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 2,508% against the previous year. As a result, the exports reached the peak of $10K, and then declined dramatically in the following year.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | N/A | 0.1 | 0% |
| Germany | N/A | N/A | 7.6 | N/A | 0% |
| Netherlands | 2.4 | 0.4 | N/A | N/A | -83.3% |
| Bahrain | N/A | N/A | 2.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.4 | 0.4 | 10.3 | 0.1 | -65.3% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Pakistan in 2022:
- Finland (6.0 kg)
600
This report provides an in-depth analysis of the market for iron or steel tube fitting in Pakistan.
363
This report provides an in-depth analysis of the market for cast steel pipe fittings in Pakistan.
368
This report provides an in-depth analysis of the market for malleable cast iron pipe fittings in Pakistan.
330
This report provides an in-depth analysis of the market for non-malleable cast iron pipe fittings in Pakistan.
1374
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
489
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
461
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.
474
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
600
This report provides an in-depth analysis of the market for iron or steel tube fitting in Pakistan.
363
This report provides an in-depth analysis of the market for cast steel pipe fittings in Pakistan.
256
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.
3875
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
1505
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...
1197
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...
1322
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
256
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.
3875
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
1505
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...
1197
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...
1322
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
