Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Spain - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Spain (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Spain (FOB) - 2024
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Spain
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Spain
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Spain (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $13,867 per ton in 2022, with an increase of 28% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe butt welding fittings of stainless steels increased by +101.2% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($17,667 per ton), while the price for the Czech Republic ($5,369 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.9%), 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 Spain (FOB) - 2024
The average export price for tube or pipe butt welding fittings of stainless steels stood at $43,755 per ton in March 2024, picking up by 77% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2023 when the average export price increased by 105% m-o-m. The export price peaked at $56,577 per ton in June 2023; however, from July 2023 to March 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($76,980 per ton), while the average price for exports to Austria ($22,080 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+685.6%), 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 Spain
After two years of decline, overseas purchases of tube or pipe butt welding fittings of stainless steels increased by 3.3% to 2.2K tons in 2022. Over the period under review, imports, however, saw a abrupt contraction.
In value terms, imports of tube or pipe butt welding fittings of stainless steels surged to $30M in 2022. Overall, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.8% 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 +54.2% against 2020 indices. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 2.0 | 3.0 | 5.6 | 43.4% |
| Italy | 4.3 | 2.7 | 5.0 | 4.3 | 0.0% |
| Germany | 3.5 | 3.8 | 3.1 | 3.9 | 3.7% |
| Netherlands | 4.3 | 1.2 | 1.4 | 1.9 | -23.8% |
| Malaysia | 1.5 | 1.1 | 1.3 | 1.8 | 6.3% |
| Finland | 2.1 | 1.5 | 1.5 | 1.7 | -6.8% |
| Taiwan (Chinese) | 0.8 | 0.6 | 0.4 | 1.3 | 17.6% |
| France | 1.6 | 1.2 | 0.9 | 1.3 | -6.7% |
| Czech Republic | 0.8 | 0.8 | 0.9 | 1.0 | 7.7% |
| Thailand | 0.7 | 0.2 | 0.2 | 0.8 | 4.6% |
| Portugal | 0.3 | 0.2 | 0.2 | 0.7 | 32.6% |
| Poland | 0.4 | 0.6 | 0.4 | 0.4 | 0.0% |
| Philippines | 0.4 | 0.5 | N/A | 0.1 | -37.0% |
| Others | 3.8 | 3.4 | 4.8 | 5.8 | 15.1% |
| Total | 26.4 | 19.7 | 23.0 | 30.4 | 4.8% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Spain in 2022:
- China (389.4 tons)
- Germany (345.9 tons)
- Italy (333.9 tons)
- Malaysia (183.3 tons)
- Czech Republic (181.1 tons)
- Finland (154.2 tons)
- Netherlands (126.9 tons)
- France (89.6 tons)
- Taiwan (Chinese) (83.0 tons)
- Portugal (56.7 tons)
- Poland (55.3 tons)
- Thailand (46.9 tons)
- Philippines (4.5 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Spain
In 2022, exports of tube or pipe butt welding fittings of stainless steels from Spain rose rapidly to 552 tons, picking up by 14% compared with 2021. In general, exports showed a relatively flat trend pattern. As a result, the exports attained 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 soared to $21M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.3 | 2.6 | 3.5 | 4.5 | 25.1% |
| United Kingdom | 1.0 | 1.3 | 4.2 | 3.1 | 45.8% |
| France | 0.9 | 0.9 | 1.5 | 2.7 | 44.2% |
| Germany | 1.0 | 0.9 | 0.7 | 2.5 | 35.7% |
| United States | 1.7 | 1.3 | 0.7 | 1.9 | 3.8% |
| Portugal | 1.3 | 0.9 | 1.1 | 1.3 | 0.0% |
| Netherlands | 0.2 | 0.4 | 0.6 | 1.2 | 81.7% |
| Poland | 0.2 | 0.3 | 0.5 | 0.3 | 14.5% |
| Austria | 0.4 | 0.1 | 0.6 | 0.2 | -20.6% |
| Chile | 0.3 | N/A | N/A | 0.2 | -12.6% |
| Saudi Arabia | 0.1 | 1.0 | N/A | 0.1 | 0.0% |
| South Korea | 0.8 | 0.1 | N/A | 0.1 | -50.0% |
| Others | 2.9 | 1.4 | 2.8 | 2.7 | -2.4% |
| Total | 13.2 | 11.4 | 16.3 | 20.9 | 16.6% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Spain in 2022:
- Italy (85.7 tons)
- Portugal (85.0 tons)
- United Kingdom (85.0 tons)
- Germany (76.4 tons)
- Netherlands (41.0 tons)
- France (38.9 tons)
- United States (33.8 tons)
- Chile (9.9 tons)
- Poland (9.0 tons)
- Austria (8.0 tons)
- South Korea (5.5 tons)
- Saudi Arabia (4.3 tons)
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