Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela (CIF) - 2022
The average import price for tube or pipe butt welding fittings of stainless steels stood at $17,397 per ton in 2022, increasing by 6.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 37% against the previous year. The import price peaked at $25,291 per ton in 2019; however, from 2020 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 Colombia ($233,231 per ton), while the price for Taiwan (Chinese) ($3,444 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+44.1%), 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 Venezuela (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings of stainless steels amounted to $11,500 per ton, surging by 87% against the previous year. Overall, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2016 an increase of 1,659% against the previous year. As a result, the export price reached the peak level of $43,985 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($53,000 per ton), while the average price for exports to Saint Vincent and the Grenadines stood at $5,571 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saint Vincent and the Grenadines (-0.2%).
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela
In 2022, approx. 3.6 tons of tube or pipe butt welding fittings of stainless steels were imported into Venezuela; increasing by 127% against 2021. Over the period under review, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings of stainless steels surged to $63K in 2022. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 11.4 | 6.1 | 19.5 | 21.8% |
| Colombia | 7.1 | 7.1 | 3.6 | 9.1 | 8.6% |
| Italy | 13.3 | 18.1 | 5.4 | 8.2 | -14.9% |
| United States | 9.3 | 7.8 | 3.1 | 8.2 | -4.1% |
| Taiwan (Chinese) | 6.8 | 5.7 | 2.4 | 5.1 | -9.1% |
| Panama | 2.1 | 2.3 | 1.2 | 3.3 | 16.3% |
| Mexico | 2.1 | 1.6 | 0.6 | 1.1 | -19.4% |
| Others | 9.8 | 8.4 | 3.6 | 8.1 | -6.2% |
| Total | 61.4 | 62.2 | 26.0 | 62.6 | 0.6% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Venezuela in 2022:
- Taiwan (Chinese) (1477.0 kg)
- China (1150.0 kg)
- United States (634.0 kg)
- Italy (64.0 kg)
- Panama (50.0 kg)
- Mexico (46.0 kg)
- Colombia (39.0 kg)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela
For the third consecutive year, Venezuela recorded decline in overseas shipments of tube or pipe butt welding fittings of stainless steels, which decreased by -38.5% to 8 kg in 2022. Over the period under review, exports faced a significant curtailment. The smallest decline of -18.3% was in 2020.
In value terms, exports of tube or pipe butt welding fittings of stainless steels amounted to $92 in 2022. Overall, exports recorded a sharp shrinkage.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 53.0 | 0% |
| Saint Vincent and the Grenadines | 14.0 | 225 | 80.0 | 39.0 | 40.7% |
| Colombia | 622 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 636 | 225 | 80.0 | 92.0 | -47.5% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Venezuela in 2022:
- Saint Vincent and the Grenadines (7.0 kg)
- South Korea (1.0 kg)
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