Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina (CIF) - 2024
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina (CIF) - 2024
In February 2024, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $10,465 per ton, picking up by 159% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $28,139 per ton in November 2023; however, from December 2023 to February 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was the United States ($124K per ton), while the price for Belgium ($2,433 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by South Korea (+27.2%), 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 Argentina (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $6,658 per ton in 2022, reducing by -1.9% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tube or pipe butt welding fittings, other than stainless steels decreased by -34.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 63%. As a result, the export price reached the peak level of $10,203 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($10,884 per ton), while the average price for exports to the United Arab Emirates ($161 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 States (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina
In 2022, supplies from abroad of tube or pipe butt welding fittings, other than stainless steels increased by 8.5% to 538 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt shrinkage.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels soared to $4.1M in 2022. In general, imports, however, showed a drastic downturn.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 820 | 650 | 846 | 1,320 | 17.2% |
| India | 351 | 154 | 174 | 575 | 17.9% |
| Brazil | 407 | 45.0 | 11.7 | 513 | 8.0% |
| Italy | 1,028 | 265 | 497 | 461 | -23.5% |
| South Korea | 841 | 433 | 215 | 409 | -21.4% |
| United States | 900 | 475 | 218 | 300 | -30.7% |
| Cambodia | 176 | 190 | 177 | 166 | -1.9% |
| Thailand | 151 | 50.3 | 111 | 148 | -0.7% |
| Others | 697 | 203 | 322 | 222 | -31.7% |
| Total | 5,372 | 2,466 | 2,572 | 4,113 | -8.5% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Argentina in 2022:
- India (178.8 tons)
- China (142.6 tons)
- South Korea (51.9 tons)
- Thailand (45.3 tons)
- Cambodia (40.2 tons)
- Italy (23.8 tons)
- Brazil (20.3 tons)
- United States (10.1 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina
After two years of decline, shipments abroad of tube or pipe butt welding fittings, other than stainless steels increased by 27% to 81 tons in 2022. Over the period under review, exports, however, showed a dramatic slump.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels surged to $538K in 2022. In general, exports, however, continue to indicate a sharp slump.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 417 | 123 | 139 | 254 | -15.2% |
| Bolivia | 534 | 63.0 | 72.0 | 133 | -37.1% |
| Peru | 41.9 | N/A | 23.0 | 56.3 | 10.3% |
| Brazil | N/A | 60.0 | 7.8 | 44.8 | -13.6% |
| Ecuador | 216 | 55.8 | 4.8 | 23.8 | -52.1% |
| Uruguay | 9.2 | 0.6 | 48.2 | 20.4 | 30.4% |
| Paraguay | 222 | 6.9 | 44.5 | 5.5 | -70.8% |
| United Arab Emirates | N/A | N/A | N/A | 0.3 | 0% |
| Malaysia | 236 | N/A | N/A | N/A | 0% |
| Australia | N/A | 338 | 91.4 | N/A | -73.0% |
| Others | 13.3 | 13.5 | N/A | N/A | 1.5% |
| Total | 1,690 | 661 | 431 | 538 | -31.7% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Argentina in 2022:
- Chile (37.2 tons)
- Bolivia (20.6 tons)
- Peru (8.0 tons)
- Ecuador (5.9 tons)
- Brazil (4.7 tons)
- United Arab Emirates (2.1 tons)
- Uruguay (1.9 tons)
- Paraguay (0.3 tons)
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