Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $10,882 per ton, rising by 5.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $11,503 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($30,011 per ton), while the price for Brazil ($2,511 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+10.7%), 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 Angola (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,802 per ton, increasing by 58% against the previous year. Overall, the export price showed a pronounced expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($15,571 per ton), while the average price for exports to the United States totaled $2,725 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.2%).
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola
After three years of growth, purchases abroad of tube or pipe butt welding fittings, other than stainless steels decreased by -6.4% to 348 tons in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 52%. As a result, imports attained the peak of 372 tons, and then declined in the following year.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels shrank modestly to $3.8M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 78% against the previous year. As a result, imports attained the peak of $3.8M, and then dropped modestly in the following year.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 159 | 1,103 | 1,023 | 1,416 | 107.3% |
| United States | 124 | 291 | 1,410 | 500 | 59.2% |
| United Kingdom | 188 | 121 | 571 | 406 | 29.3% |
| France | 112 | 89.2 | 240 | 296 | 38.3% |
| Brazil | 4.4 | 3.0 | 23.1 | 191 | 251.4% |
| China | 5.2 | 134 | 130 | 170 | 219.8% |
| South Korea | 97.7 | 63.2 | 76.9 | 160 | 17.9% |
| Portugal | 471 | 34.6 | 29.0 | 29.1 | -60.5% |
| Others | 187 | 311 | 326 | 619 | 49.0% |
| Total | 1,349 | 2,151 | 3,829 | 3,787 | 41.1% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Angola in 2022:
- Italy (86.4 tons)
- Brazil (76.0 tons)
- China (44.3 tons)
- United Kingdom (24.8 tons)
- France (20.3 tons)
- South Korea (19.9 tons)
- United States (18.7 tons)
- Portugal (4.1 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola
In 2022, shipments abroad of tube or pipe butt welding fittings, other than stainless steels decreased by -41.4% to 167 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of 67% against the previous year. As a result, the exports attained the peak of 316 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels shrank to $635 in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.3% 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 +91.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 331 | 599 | 137 | 417 | 8.0% |
| Belgium | N/A | N/A | N/A | 218 | 0% |
| Norway | N/A | N/A | 310 | N/A | 0% |
| South Africa | N/A | N/A | 237 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 331 | 599 | 684 | 635 | 24.3% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Angola in 2022:
- United States (153.0 kg)
- Belgium (14.0 kg)
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