Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Qatar - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Qatar (CIF) - 2024
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Qatar
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Qatar (CIF) - 2024
The average import price for tube or pipe butt welding fittings of stainless steels stood at $19,940 per ton in April 2024, growing by 79% against the previous month. In general, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 218% month-to-month. The import price peaked at $37,378 per ton in April 2023; however, from May 2023 to April 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($132K per ton), while the price for South Korea ($9,815 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Thailand (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Qatar
In 2022, after two years of decline, there was significant growth in overseas purchases of tube or pipe butt welding fittings of stainless steels, when their volume increased by 93% to 610 tons. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings of stainless steels skyrocketed to $7.3M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Qatar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,307 | 873 | 877 | 2,164 | 18.3% |
South Korea | 463 | 232 | 210 | 2,136 | 66.5% |
China | 156 | 279 | 420 | 703 | 65.2% |
Germany | 120 | 99.0 | 28.6 | 172 | 12.7% |
India | 572 | 365 | 275 | 145 | -36.7% |
Thailand | 256 | 220 | 63.6 | 107 | -25.2% |
United Arab Emirates | N/A | N/A | N/A | 71.6 | 0% |
Others | 1,011 | 406 | 424 | 1,827 | 21.8% |
Total | 3,885 | 2,472 | 2,299 | 7,325 | 23.5% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Qatar in 2022:
- South Korea (282.8 tons)
- China (168.9 tons)
- Italy (80.2 tons)
- India (26.7 tons)
- Thailand (12.4 tons)
- Germany (10.7 tons)
- United Arab Emirates (9.8 tons)
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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.
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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.
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
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...
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...
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