Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Peru - 2022

Contents:

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

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

In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $7,974 per ton, growing by 2.8% against the previous year. Overall, the import price, however, saw a deep contraction. The growth pace was the most rapid in 2016 when the average import price increased by 45% against the previous year. The import price peaked at $14,666 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Taiwan (Chinese) ($48,500 per ton), while the price for China ($5,120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+20.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for tube or pipe butt welding fittings of stainless steels stood at $12,422 per ton in 2022, which is down by -10.9% against the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 141%. As a result, the export price attained the peak level of $14,869 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 Ecuador ($31,304 per ton), while the average price for exports to Bolivia ($2,387 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 Ecuador (+19.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of tube or pipe butt welding fittings of stainless steels imported into Peru declined to 65 tons, which is down by -10.7% against 2021. Over the period under review, imports faced a abrupt setback.

In value terms, imports of tube or pipe butt welding fittings of stainless steels shrank to $520K in 2022. Overall, imports faced a deep reduction.

Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea403289264237-16.2%
Canada279200183164-16.2%
China16834783.295.1-17.3%
Others15867.037.224.9-46.0%
Total1,008902567520-19.8%

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

  1. South Korea (31.1 tons)
  2. China (18.6 tons)
  3. Canada (14.0 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of tube or pipe butt welding fittings of stainless steels, when their volume decreased by -23.3% to 767 kg. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year.

In value terms, exports of tube or pipe butt welding fittings of stainless steels reduced remarkably to $9.5K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 83%.

Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile0.15.58.27.1314.1%
Ecuador0.83.42.32.240.1%
ArubaN/AN/AN/A0.10%
Bolivia0.30.60.20.1-30.7%
NicaraguaN/AN/A3.2N/A0%
Dominican Republic4.0N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total5.29.613.99.522.2%

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

  1. Chile (634.0 kg)
  2. Ecuador (69.0 kg)
  3. Bolivia (31.0 kg)
  4. Aruba (31.0 kg)

Source: IndexBox Market Intelligence Platform

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