Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden (FOB) - 2024
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden (CIF) - 2022
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden (FOB) - 2024
The average export price for tube or pipe butt welding fittings of stainless steels stood at $14,850 per ton in March 2024, waning by -15.4% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 when the average export price increased by 55% month-to-month. As a result, the export price reached the peak level of $17,561 per ton, and then reduced dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($19,675 per ton), while the average price for exports to Switzerland ($10,801 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 Poland (+6.0%), while the prices for the other major destinations experienced a decline.
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $17,299 per ton, growing by 3.4% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +51.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 47% 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 years to come.
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 UK ($40,474 per ton), while the price for Turkey ($3,631 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.8%), 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 Sweden
In 2022, the amount of tube or pipe butt welding fittings of stainless steels exported from Sweden fell to 2.9K tons, reducing by -11% compared with the previous year's figure. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 2.9% against the previous year.
In value terms, exports of tube or pipe butt welding fittings of stainless steels expanded sharply to $39M in 2022. The total export value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 7.5% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.0 | 3.2 | 4.9 | 5.8 | 24.6% |
| France | 2.8 | 2.7 | 4.1 | 3.9 | 11.7% |
| Finland | 4.1 | 3.6 | 2.7 | 3.5 | -5.1% |
| Netherlands | 2.4 | 2.2 | 2.4 | 3.4 | 12.3% |
| Norway | 2.8 | 3.3 | 3.9 | 3.4 | 6.7% |
| Austria | 0.7 | 1.0 | 1.0 | 2.4 | 50.8% |
| Germany | 2.6 | 2.3 | 1.7 | 2.4 | -2.6% |
| United Kingdom | 3.0 | 1.6 | 2.1 | 2.1 | -11.2% |
| Switzerland | 3.7 | 2.7 | 1.6 | 1.9 | -19.9% |
| Denmark | 0.8 | 1.1 | 1.5 | 1.7 | 28.6% |
| Spain | 1.5 | 1.3 | 1.3 | 1.7 | 4.3% |
| Turkey | 0.8 | 0.6 | 1.5 | 1.4 | 20.5% |
| Belgium | 0.9 | 0.8 | 1.1 | 0.9 | 0.0% |
| Others | 8.2 | 7.4 | 6.6 | 4.6 | -17.5% |
| Total | 37.1 | 33.9 | 36.5 | 39.2 | 1.9% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Sweden in 2022:
- Italy (549.1 tons)
- France (365.5 tons)
- Netherlands (282.6 tons)
- Finland (249.1 tons)
- Norway (184.3 tons)
- Germany (169.0 tons)
- United Kingdom (159.0 tons)
- Switzerland (135.9 tons)
- Spain (134.4 tons)
- Turkey (124.4 tons)
- Denmark (122.4 tons)
- Austria (121.0 tons)
- Belgium (83.6 tons)
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden
In 2022, the amount of tube or pipe butt welding fittings of stainless steels imported into Sweden stood at 812 tons, increasing by 4% against the previous year's figure. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.3% against the previous year. As a result, imports attained the peak of 820 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tube or pipe butt welding fittings of stainless steels reached $14M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.9% 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 +55.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1.7 | 1.4 | 2.3 | 2.6 | 15.2% |
| Netherlands | 1.4 | 1.5 | 2.0 | 2.3 | 18.0% |
| Finland | 1.4 | 1.6 | 2.2 | 2.1 | 14.5% |
| Germany | 1.0 | 0.9 | 0.9 | 1.6 | 17.0% |
| Israel | 0.1 | 0.9 | 1.6 | 1.5 | 146.6% |
| France | 0.5 | 0.3 | 0.6 | 1.3 | 37.5% |
| Poland | 0.9 | 1.0 | 0.4 | 0.2 | -39.4% |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| Hungary | 0.1 | 0.5 | 0.4 | N/A | 100.0% |
| Latvia | 0.8 | 0.2 | N/A | N/A | -75.0% |
| Others | 1.3 | 1.0 | 2.7 | 2.2 | 19.2% |
| Total | 9.0 | 9.4 | 13.1 | 14.1 | 16.1% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Sweden in 2022:
- Denmark (152.0 tons)
- France (128.7 tons)
- Netherlands (128.5 tons)
- Finland (88.4 tons)
- Israel (85.9 tons)
- Germany (73.9 tons)
- Turkey (40.4 tons)
- Poland (18.9 tons)
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