Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand (FOB) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand (CIF) - 2024
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $16,920 per ton, jumping by 44% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +47.7% against 2020 indices. As a result, the export price reached the peak level 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 Germany ($43,650 per ton), while the average price for exports to Myanmar ($3,125 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 the United Arab Emirates (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand (CIF) - 2024
In May 2024, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $14,824 per ton, shrinking by -10.6% against the previous month. In general, import price indicated mild growth from May 2023 to May 2024: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2024 figures, import price for tube or pipe butt welding fittings of stainless steels decreased by -38.0% against March 2024 indices. The pace of growth was the most pronounced in March 2024 when the average import price increased by 96% against the previous month. As a result, import price reached the peak level of $23,892 per ton. From April 2024 to May 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($38,426 per ton), while the price for China ($9,552 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 South Korea (+3.6%), 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 Thailand
In 2022, shipments abroad of tube or pipe butt welding fittings of stainless steels decreased by -13.3% to 1.2K tons, falling for the second year in a row after two years of growth. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% 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 decreased by -17.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 51% against the previous year. As a result, the exports reached the peak of 1.5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tube or pipe butt welding fittings of stainless steels skyrocketed to $20M in 2022. The total export value increased at an average annual rate of +15.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 25%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 9.0 | 10.5 | 9.8 | 7.6 | -5.5% |
| Germany | N/A | N/A | N/A | 5.5 | 0% |
| United States | 1.2 | 0.9 | 1.9 | 4.7 | 57.6% |
| Singapore | 0.8 | 0.4 | 0.3 | 0.4 | -20.6% |
| United Arab Emirates | 0.8 | 1.3 | 0.3 | 0.4 | -20.6% |
| Italy | 0.1 | 1.1 | 0.8 | 0.1 | 0.0% |
| Myanmar | 0.2 | 0.4 | 0.1 | N/A | -29.3% |
| Madagascar | N/A | 1.3 | N/A | N/A | 0% |
| Others | 1.4 | 1.1 | 3.3 | 1.8 | 8.7% |
| Total | 13.5 | 16.9 | 16.4 | 20.5 | 14.9% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Thailand in 2022:
- Japan (584.1 tons)
- United States (350.7 tons)
- Germany (125.1 tons)
- United Arab Emirates (23.6 tons)
- Singapore (18.8 tons)
- Myanmar (12.2 tons)
- Italy (7.5 tons)
- Madagascar (0.3 tons)
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand
In 2022, supplies from abroad of tube or pipe butt welding fittings of stainless steels decreased by -3.2% to 1.1K tons, falling for the second year in a row after two years of growth. In general, imports, however, posted buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 228%. As a result, imports attained the peak of 2.4K 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 soared to $14M in 2022. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 126% against the previous year. As a result, imports reached the peak of $21M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 12.6 | 6.1 | 8.4 | 24.1% |
| Germany | 1.2 | 1.2 | 1.3 | 1.7 | 12.3% |
| Japan | 0.6 | 0.5 | 0.6 | 0.7 | 5.3% |
| South Korea | 0.6 | 3.5 | 0.8 | 0.6 | 0.0% |
| Malaysia | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Others | 2.1 | 2.6 | 1.9 | 2.4 | 4.6% |
| Total | 9.2 | 20.9 | 10.8 | 14.2 | 15.6% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Thailand in 2022:
- China (922.7 tons)
- South Korea (30.3 tons)
- Malaysia (26.7 tons)
- Japan (18.4 tons)
- Germany (17.9 tons)
737
This report provides an in-depth analysis of the market for iron or steel tube fitting in Thailand.
266
This report provides an in-depth analysis of the market for cast steel pipe fittings in Thailand.
348
This report provides an in-depth analysis of the market for malleable cast iron pipe fittings in Thailand.
439
This report provides an in-depth analysis of the market for non-malleable cast iron pipe fittings in Thailand.
1374
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
489
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
461
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
475
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
737
This report provides an in-depth analysis of the market for iron or steel tube fitting in Thailand.
266
This report provides an in-depth analysis of the market for cast steel pipe fittings in Thailand.
257
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
3875
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
1506
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1197
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1322
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
257
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
3875
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
1506
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1197
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1322
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
