Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in the Czech Republic - 2024

Contents:

  1. Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in the Czech Republic (FOB) - 2024
  2. Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in the Czech Republic (CIF) - 2022
  3. Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in the Czech Republic
  4. Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in the Czech Republic

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in the Czech Republic (FOB) - 2024

The average export price for tube or pipe butt welding fittings of stainless steels stood at $13,009 per ton in March 2024, jumping by 20% against the previous month. Over the period from March 2023 to March 2024, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in April 2023 an increase of 36% m-o-m. As a result, the export price reached the peak level of $13,982 per ton. From May 2023 to March 2024, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($115K per ton), while the average price for exports to the Netherlands ($6,899 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 Belgium (+15.2%), 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 the Czech Republic (CIF) - 2022

The average import price for tube or pipe butt welding fittings of stainless steels stood at $14,074 per ton in 2022, falling by -17.9% against the previous year. In general, the import price recorded a mild slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 29% against the previous year. The import price peaked at $17,135 per ton in 2021, and then reduced remarkably in the following year.

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 Germany ($25,348 per ton), while the price for Slovakia ($3,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+4.7%), 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 the Czech Republic

In 2022, overseas shipments of tube or pipe butt welding fittings of stainless steels decreased by -13% to 901 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 16%.

In value terms, exports of tube or pipe butt welding fittings of stainless steels dropped to $11M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $12M, leveling off in the following year.

Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.11.73.03.749.8%
Italy1.92.33.43.016.4%
Spain0.80.81.11.07.7%
Russia1.10.91.10.8-10.1%
Slovakia1.00.80.90.7-11.2%
Poland0.40.50.30.40.0%
Austria0.50.20.20.4-7.2%
France0.20.30.30.20.0%
Others1.11.11.11.10.0%
Total7.98.611.511.513.3%

Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from the Czech Republic in 2022:

  1. Italy (313.7 tons)
  2. Germany (256.0 tons)
  3. Spain (99.4 tons)
  4. Russia (56.6 tons)
  5. Slovakia (36.5 tons)
  6. Austria (28.2 tons)
  7. Poland (26.6 tons)
  8. France (17.3 tons)

Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in the Czech Republic

In 2022, purchases abroad of tube or pipe butt welding fittings of stainless steels was finally on the rise to reach 719 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a mild decrease.

In value terms, imports of tube or pipe butt welding fittings of stainless steels fell modestly to $10M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 7.9%. As a result, imports attained the peak of $10M, and then shrank in the following year.

Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,5864,0764,0433,277-3.0%
Italy1,1141,0311,4311,3005.3%
Netherlands4587411,0621,00830.1%
China7275468058535.5%
Finland38156955071223.2%
Austria25230841668139.3%
Thailand844608515617-9.9%
France3373264483824.3%
Slovakia21033031334417.9%
Others2,1801,035740944-24.3%
Total10,0889,57110,32410,1170.1%

Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to the Czech Republic in 2022:

  1. Netherlands (142.1 tons)
  2. Germany (129.3 tons)
  3. Slovakia (96.1 tons)
  4. Italy (92.6 tons)
  5. China (63.9 tons)
  6. Thailand (46.8 tons)
  7. Finland (43.8 tons)
  8. Austria (37.0 tons)
  9. France (27.0 tons)

Source: IndexBox Market Intelligence Platform

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