Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Panama - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Panama (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Panama (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Panama
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Panama
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Panama (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $10,860 per ton, dropping by -23.9% against the previous year. In general, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 261%. As a result, import price attained the peak level of $19,824 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($34,695 per ton), while the price for China ($5,621 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.8%), 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 Panama (FOB) - 2022
The average export price for tube or pipe butt welding fittings of stainless steels stood at $8,632 per ton in 2022, increasing by 234% against the previous year. Overall, the export price showed noticeable growth. The most prominent rate of growth was recorded in 2016 an increase of 329% against the previous year. As a result, the export price reached the peak level of $65,855 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($12,525 per ton), while the average price for exports to Ecuador stood at $8,191 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+28.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Panama
In 2022, purchases abroad of tube or pipe butt welding fittings of stainless steels increased by 94% to 5.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt curtailment.
In value terms, imports of tube or pipe butt welding fittings of stainless steels skyrocketed to $60K in 2022. Overall, imports, however, recorded a deep contraction.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.7 | 6.0 | 13.1 | 29.1 | -3.8% |
| China | 27.5 | 37.6 | 5.5 | 16.9 | -15.0% |
| Germany | 1.6 | 3.6 | 0.8 | 10.8 | 89.0% |
| Mexico | N/A | 0.4 | N/A | 2.7 | 159.8% |
| Free Zones | 3.0 | 3.3 | 7.4 | 0.4 | -48.9% |
| Taiwan (Chinese) | 1.3 | 3.3 | 3.3 | N/A | 59.3% |
| Italy | 8.6 | N/A | 7.0 | N/A | -9.8% |
| Others | N/A | 3.4 | 3.4 | N/A | 0.0% |
| Total | 74.5 | 57.8 | 40.6 | 59.9 | -7.0% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Panama in 2022:
- China (3.0 tons)
- United States (2.1 tons)
- Germany (0.3 tons)
- Mexico (0.1 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Panama
In 2022, shipments abroad of tube or pipe butt welding fittings of stainless steels decreased by -21.3% to 370 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 307%. As a result, the exports attained the peak of 1.2 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tube or pipe butt welding fittings of stainless steels skyrocketed to $3.2K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 296% against the previous year. As a result, the exports reached the peak of $6.4K. 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 Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 1.6 | 6.3 | 1.0 | 2.7 | 19.1% |
| Costa Rica | N/A | N/A | N/A | 0.5 | 0% |
| Aruba | N/A | N/A | 0.2 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 1.6 | 6.4 | 1.2 | 3.2 | 26.0% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Panama in 2022:
- Ecuador (324.0 kg)
- Costa Rica (40.0 kg)
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