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

Contents:

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

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

The average import price for tube or pipe butt welding fittings of stainless steels stood at $13,003 per ton in 2022, picking up by 11% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 22%. Over the period under review, average import prices reached the peak figure at $15,291 per ton in 2013; however, from 2014 to 2022, 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 Austria ($28,845 per ton), while the price for Denmark ($7,322 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.3%), 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 Serbia (FOB) - 2022

In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $4,356 per ton, rising by 5.2% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tube or pipe butt welding fittings of stainless steels increased by +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 43% against the previous year. The export price peaked at $6,014 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($17,632 per ton), while the average price for exports to the Czech Republic ($2,367 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 Croatia (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of tube or pipe butt welding fittings of stainless steels increased by 26% to 194 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a pronounced downturn.

In value terms, imports of tube or pipe butt welding fittings of stainless steels skyrocketed to $2.5M in 2022. In general, imports, however, continue to indicate a abrupt descent.

Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China81.6493520747109.2%
Slovenia14326919054756.4%
Italy27144643849121.9%
Czech Republic10696.378.717217.5%
Germany99.82671541093.0%
Turkey51.020.428.374.413.4%
France30.011.333.860.626.4%
Sweden25.220.578.549.825.5%
Denmark2.610.68.243.7156.2%
Poland2084.63.69.2-64.6%
Russia1,8013891.2N/A-97.4%
Others226131270219-1.0%
Total3,0462,1601,8042,523-6.1%

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

  1. China (68.4 tons)
  2. Italy (41.8 tons)
  3. Slovenia (37.1 tons)
  4. Czech Republic (10.5 tons)
  5. Turkey (6.3 tons)
  6. Denmark (6.0 tons)
  7. Germany (4.7 tons)
  8. France (4.0 tons)
  9. Sweden (4.0 tons)
  10. Poland (0.7 tons)

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

In 2022, shipments abroad of tube or pipe butt welding fittings of stainless steels was finally on the rise to reach 100 tons after two years of decline. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe butt welding fittings of stainless steels skyrocketed to $434K in 2022. In general, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A91.30%
Poland43.983.477.882.023.2%
North Macedonia52.734.761.167.18.4%
Czech RepublicN/AN/AN/A66.30%
Bosnia and Herzegovina20.228.859.842.227.8%
Montenegro30.517.674.634.84.5%
Bulgaria3.65.012.418.171.3%
Croatia82.542.711.11.1-76.3%
Others18.57.33.930.818.5%
Total25222030143419.9%

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

  1. Poland (30.0 tons)
  2. Czech Republic (28.0 tons)
  3. North Macedonia (16.9 tons)
  4. Bosnia and Herzegovina (6.5 tons)
  5. Montenegro (5.2 tons)
  6. Russia (5.2 tons)
  7. Bulgaria (5.1 tons)
  8. Croatia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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