Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $11,532 per ton in 2022, increasing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2020 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
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 Netherlands ($20,184 per ton), while the price for Sweden ($7,921 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+6.3%), 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 Portugal (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $7,878 per ton, approximately reflecting the previous year. In general, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. The export price peaked at $12,027 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($7,573 per ton), while the average price for exports to France ($5,187 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 Angola (+3.2%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal
In 2022, approx. 539 tons of tube or pipe butt welding fittings of stainless steels were imported into Portugal; therefore, remained relatively stable against 2021 figures. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings of stainless steels expanded sharply to $6.2M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,632 | 757 | 1,596 | 1,794 | 3.2% |
| Sweden | 909 | 777 | 1,512 | 1,722 | 23.7% |
| France | 1,015 | 716 | 983 | 925 | -3.0% |
| Italy | 460 | 515 | 813 | 777 | 19.1% |
| Finland | 108 | 296 | 181 | 324 | 44.2% |
| Netherlands | 166 | 126 | 97.0 | 252 | 14.9% |
| Germany | 170 | 847 | 220 | 138 | -6.7% |
| Others | 203 | 141 | 132 | 280 | 11.3% |
| Total | 4,663 | 4,174 | 5,535 | 6,211 | 10.0% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Portugal in 2022:
- Sweden (217.4 tons)
- Spain (116.4 tons)
- Italy (76.2 tons)
- France (67.8 tons)
- Finland (22.9 tons)
- Netherlands (12.5 tons)
- Germany (6.8 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal
Exports of tube or pipe butt welding fittings of stainless steels from Portugal rose remarkably to 148 tons in 2022, with an increase of 12% on 2021. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 386% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe butt welding fittings of stainless steels expanded notably to $1.2M in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 223%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 239 | 242 | 1,005 | 1,055 | 64.0% |
| Angola | 2.6 | 26.2 | 4.2 | 26.6 | 117.1% |
| Others | 21.7 | 58.2 | 46.4 | 85.8 | 58.1% |
| Total | 264 | 327 | 1,055 | 1,167 | 64.1% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Portugal in 2022:
- Spain (139.3 tons)
- Angola (4.6 tons)
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