Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Tanzania - 2023
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Tanzania (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Tanzania (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Tanzania
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Tanzania
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Tanzania (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $11,163 per ton in 2022, increasing by 149% against the previous year. In general, the import price continues to indicate strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($26,818 per ton), while the price for India ($1,252 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+131.0%), 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 Tanzania (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $12,276 per ton, rising by 75% against the previous year. Over the period under review, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of 301% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($14,040 per ton), while the average price for exports to Malawi ($500 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 Democratic Republic of the Congo (+28.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Tanzania
In 2022, approx. 35 tons of tube or pipe butt welding fittings of stainless steels were imported into Tanzania; which is down by -4.2% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 470% against the previous year. As a result, imports reached the peak of 36 tons, and then declined in the following year.
In value terms, imports of tube or pipe butt welding fittings of stainless steels soared to $389K in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 225% against the previous year. Over the period under review, imports of reached 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 Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 179 | 0% |
| Finland | 21.9 | 16.5 | 46.8 | 83.2 | 56.0% |
| Croatia | 11.1 | 8.1 | 22.5 | 39.0 | 52.0% |
| Germany | 8.5 | 5.0 | 7.3 | 21.3 | 35.8% |
| Italy | 12.8 | 7.2 | 15.4 | 20.7 | 17.4% |
| Malaysia | N/A | N/A | 12.2 | 11.7 | -4.1% |
| South Africa | 7.2 | 5.5 | 1.2 | 9.7 | 10.4% |
| China | 3.3 | 3.3 | 4.2 | 5.0 | 14.9% |
| India | 0.8 | 0.8 | 37.5 | 4.0 | 71.0% |
| United Arab Emirates | 3.6 | 0.5 | 6.7 | 0.2 | -61.8% |
| Others | 4.6 | 3.1 | 9.1 | 14.8 | 47.6% |
| Total | 73.9 | 50.2 | 163 | 389 | 74.0% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Tanzania in 2022:
- Ukraine (6.7 tons)
- Finland (5.0 tons)
- Croatia (4.1 tons)
- India (3.2 tons)
- Malaysia (2.9 tons)
- China (2.7 tons)
- South Africa (2.5 tons)
- Italy (2.1 tons)
- Germany (2.0 tons)
- United Arab Emirates (0.1 tons)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Tanzania
Exports of tube or pipe butt welding fittings of stainless steels from Tanzania dropped rapidly to 29 kg in 2022, with a decrease of -21.6% compared with the previous year's figure. Overall, exports showed a sharp slump.
In value terms, exports of tube or pipe butt welding fittings of stainless steels soared to $356 in 2022. In general, total exports indicated significant growth from 2021 to 2022: its value increased at an average annual rate of +36.9% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Tanzania (USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Democratic Republic of the Congo | 253 | 351 | 38.7% |
| Rwanda | 3.0 | 3.0 | 0.0% |
| United Arab Emirates | N/A | 1.0 | 0% |
| Malawi | 1.0 | 1.0 | 0.0% |
| Austria | 3.0 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 260 | 356 | 36.9% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Tanzania in 2022:
- Democratic Republic of the Congo (25.0 kg)
- Malawi (2.0 kg)
- United Arab Emirates (1.0 kg)
- Rwanda (1.0 kg)
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