Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Romania - 2024

Contents:

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

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

In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $5,993 per ton, falling by -3.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices hit record highs at $8,136 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($26,675 per ton), while the average price for exports to Lithuania ($3,439 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 the UK (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $11,355 per ton, jumping by 20% against the previous year. Over the period under review, the import price, however, saw a slight descent. The growth pace was the most rapid in 2021 an increase of 41% against the previous year. Over the period under review, average import prices reached the maximum at $12,521 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($20,994 per ton), while the price for Poland ($5,961 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of tube or pipe butt welding fittings of stainless steels from Romania contracted markedly to 1.2K tons, which is down by -29.7% against the previous year. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports reached the peak of 1.8K tons, and then fell notably in the following year.

In value terms, exports of tube or pipe butt welding fittings of stainless steels contracted sharply to $7.4M in 2022. In general, exports saw a deep slump. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $11M, and then contracted dramatically in the following year.

Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,0492,9703,7432,087-11.9%
United Kingdom4.191.55251,160556.5%
France48810740984420.0%
Poland1,4621,9681,557621-24.8%
Netherlands25529537959332.5%
Spain6729571,263562-5.8%
Italy30233887442512.1%
Estonia15815120924515.7%
Hungary372476453204-18.1%
Austria84050844797.8-51.2%
Lithuania5.515.142.796.9160.2%
Croatia22730319855.7-37.4%
Czech Republic54943624148.7-55.4%
Others616765658399-13.5%
Total9,0009,37910,9977,440-6.1%

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

  1. Germany (514.2 tons)
  2. Netherlands (141.3 tons)
  3. Poland (138.8 tons)
  4. France (92.4 tons)
  5. Estonia (67.6 tons)
  6. Italy (51.3 tons)
  7. Spain (45.8 tons)
  8. Hungary (44.1 tons)
  9. United Kingdom (43.5 tons)
  10. Lithuania (28.2 tons)
  11. Austria (19.4 tons)
  12. Croatia (13.4 tons)
  13. Czech Republic (10.4 tons)

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

In 2022, overseas purchases of tube or pipe butt welding fittings of stainless steels decreased by -2.3% to 551 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 1.7% against the previous year. As a result, imports reached the peak of 686 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tube or pipe butt welding fittings of stainless steels soared to $6.3M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 25%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9921,0661,5842,07127.8%
Germany1,1681,5451,8031,002-5.0%
Netherlands25128230758732.7%
FinlandN/A20.467.8495392.6%
China14840416434732.8%
Sweden12933531217911.5%
Poland302187165136-23.4%
Czech Republic19826425686.2-24.2%
Others4924826621,34940.0%
Total3,6814,5875,3216,25219.3%

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

  1. Italy (259.6 tons)
  2. Germany (94.5 tons)
  3. Finland (34.8 tons)
  4. China (34.3 tons)
  5. Netherlands (27.9 tons)
  6. Sweden (23.1 tons)
  7. Poland (22.9 tons)
  8. Czech Republic (5.2 tons)

Source: IndexBox Market Intelligence Platform

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