Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $6,355 per ton in 2022, growing by 29% against the previous year. In general, the import price enjoyed mild growth. The pace of growth appeared the most rapid in 2019 an increase of 57%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,393 per ton), while the price for Romania ($2,736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $12,770 per ton in 2022, reducing by -8.8% against the previous year. Over the period under review, the export price, however, saw a temperate expansion. The growth pace was the most rapid in 2017 an increase of 59%. The export price peaked at $20,940 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 Germany ($28,875 per ton), while the average price for exports to the United States ($2,000 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 (+62.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria
In 2022, approx. 796 tons of tube or pipe butt welding fittings, other than stainless steels were imported into Algeria; falling by -55% compared with the year before. In general, imports showed a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 0.5%.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels reduced notably to $5.1M in 2022. Over the period under review, imports saw a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 2.0 | 4.2 | 2.0 | -17.0% |
| United Arab Emirates | 0.2 | 0.2 | 1.0 | 1.1 | 76.5% |
| Italy | 4.7 | 2.3 | 2.5 | 0.9 | -42.4% |
| France | 1.7 | 1.6 | 0.2 | 0.4 | -38.3% |
| Turkey | N/A | N/A | 0.2 | 0.1 | -50.0% |
| South Korea | 0.7 | 0.1 | 0.2 | 0.1 | -47.7% |
| Spain | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.6 | 0.4 | 0.4 | 0.4 | -12.6% |
| Total | 11.5 | 6.6 | 8.7 | 5.1 | -23.7% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Algeria in 2022:
- China (442.5 tons)
- United Arab Emirates (117.5 tons)
- Italy (96.2 tons)
- France (37.1 tons)
- Turkey (29.8 tons)
- South Korea (18.2 tons)
- Spain (13.6 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria
In 2022, shipments abroad of tube or pipe butt welding fittings, other than stainless steels decreased by -5.5% to 239 kg, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 267 kg. 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, other than stainless steels declined to $3.1K in 2022. In general, exports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2020 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $4.1K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 3.2 | 3.7 | 3.2 | 2.8 | -4.4% |
| Germany | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.5 | 4.1 | 3.5 | 3.1 | -4.0% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Algeria in 2022:
- Tunisia (225.0 kg)
- Germany (8.0 kg)
- United Kingdom (5.0 kg)
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