Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland (CIF) - 2024
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland (CIF) - 2024
In May 2024, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $18,088 per ton, with a decrease of -22.3% against the previous month. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in April 2024 when the average import price increased by 14% against the previous month. Over the period under review, average import prices reached the peak figure at $28,320 per ton in October 2023; however, from November 2023 to May 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Austria ($28,492 per ton), while the price for Sweden ($9,249 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $18,685 per ton, jumping by 38% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 +94.1% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($22,294 per ton), while the average price for exports to Austria ($13,287 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 France (+4.4%), 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 Switzerland
In 2022, the amount of tube or pipe butt welding fittings of stainless steels imported into Switzerland soared to 1.4K tons, jumping by 36% compared with the previous year. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings of stainless steels soared to $29M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +68.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.7 | 9.5 | 15.2 | 17.2 | 21.0% |
| China | 1.2 | 1.5 | 2.3 | 3.0 | 35.7% |
| Sweden | 2.7 | 1.7 | 1.6 | 1.9 | -11.1% |
| France | 1.4 | 1.2 | 1.8 | 1.6 | 4.6% |
| Finland | 0.6 | 0.9 | 1.1 | 0.9 | 14.5% |
| Austria | 0.5 | 0.5 | 0.9 | 0.8 | 17.0% |
| Poland | 0.8 | 0.2 | 0.2 | 0.4 | -20.6% |
| Others | 2.4 | 1.8 | 1.8 | 3.4 | 12.3% |
| Total | 19.3 | 17.4 | 24.9 | 29.3 | 14.9% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Switzerland in 2022:
- Germany (922.8 tons)
- Sweden (141.8 tons)
- France (101.7 tons)
- China (85.6 tons)
- Finland (43.8 tons)
- Poland (36.6 tons)
- Austria (29.7 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland
In 2022, exports of tube or pipe butt welding fittings of stainless steels from Switzerland fell notably to 933 tons, dropping by -17.3% against the year before. Overall, exports recorded a dramatic downturn.
In value terms, exports of tube or pipe butt welding fittings of stainless steels totaled $17M in 2022. Over the period under review, exports recorded a mild slump.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.6 | 6.7 | 10.3 | 12.8 | 14.2% |
| Poland | 7.6 | 6.6 | 3.1 | 3.0 | -26.6% |
| Austria | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
| Others | 1.4 | 1.6 | 1.4 | 1.3 | -2.4% |
| Total | 18.1 | 15.3 | 15.2 | 17.4 | -1.3% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Switzerland in 2022:
- Germany (658.8 tons)
- Poland (218.4 tons)
- Austria (26.5 tons)
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