Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Uruguay - 2023

Contents:

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

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Uruguay (CIF) - 2022

In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $8,998 per ton, picking up by 43% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. Over the period under review, average import prices attained the peak figure at $15,816 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Brazil ($12,656 per ton), while the price for France ($4,666 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+10.1%), while the prices for the other major suppliers experienced a decline.

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Uruguay (FOB) - 2022

In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $3,561 per ton, picking up by 12% against the previous year. Overall, the export price, however, faced a deep downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 76%. The export price peaked at $15,889 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Free Zones ($8,968 per ton), while the average price for exports to Paraguay amounted to $2,136 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (-6.2%), while the prices for the other major destinations experienced a decline.

Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uruguay

For the fourth consecutive year, Uruguay recorded growth in overseas purchases of tube or pipe butt welding fittings of stainless steels, which increased by 0.7% to 52 tons in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 70%. Imports peaked 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 surged to $466K in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11311218637248.8%
Taiwan (Chinese)25.016.06.034.611.4%
Hong Kong SARN/AN/AN/A25.50%
Argentina10.813.017.013.78.3%
Brazil7.43.362.46.5-4.2%
FranceN/AN/A0.14.14000.0%
United States1.625.839.6N/A397.5%
Others20.413.212.210.0-21.2%
Total17918332346637.6%

Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Uruguay in 2022:

  1. China (41.2 tons)
  2. Hong Kong SAR (3.7 tons)
  3. Taiwan (Chinese) (3.6 tons)
  4. Argentina (1.2 tons)
  5. France (0.9 tons)
  6. Brazil (0.5 tons)

Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uruguay

In 2022, the amount of tube or pipe butt welding fittings of stainless steels exported from Uruguay skyrocketed to 4.6 tons, jumping by 47% compared with 2021 figures. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 263%. As a result, the exports attained the peak of 4.9 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tube or pipe butt welding fittings of stainless steels skyrocketed to $16K in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 307% against the previous year. As a result, the exports attained the peak of $36K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones6.627.23.48.58.8%
Paraguay2.26.56.47.751.8%
ArgentinaN/A1.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total8.835.69.816.222.6%

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

  1. Paraguay (3.6 tons)
  2. Free Zones (0.9 tons)

Source: IndexBox Market Intelligence Platform

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