Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria (FOB) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria (CIF) - 2022
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $5,770 per ton in 2022, increasing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($14,504 per ton), while the average price for exports to Poland ($4,431 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 Saudi Arabia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $7,246 per ton in 2022, with an increase of 2.7% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe butt welding fittings, other than stainless steels increased by +88.4% against 2015 indices. The pace of growth was the most pronounced in 2020 an increase of 28% against the previous year. The import price peaked 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 Saudi Arabia ($81,529 per ton), while the price for Slovakia ($3,503 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+45.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria
For the third consecutive year, Austria recorded decline in shipments abroad of tube or pipe butt welding fittings, other than stainless steels, which decreased by -2.1% to 9.1K tons in 2022. Overall, exports faced a abrupt setback.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels amounted to $53M in 2022. In general, exports showed a pronounced downturn.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.1 | 9.4 | 4.8 | 11.3 | -16.1% |
| Germany | 10.9 | 11.7 | 12.7 | 10.9 | 0.0% |
| Netherlands | 4.9 | 4.2 | 3.4 | 9.9 | 26.4% |
| China | 3.3 | 12.8 | 8.4 | 3.1 | -2.1% |
| Finland | 1.8 | 2.0 | 2.7 | 2.8 | 15.9% |
| France | 1.8 | 2.3 | 2.6 | 2.2 | 6.9% |
| Italy | 3.7 | 3.2 | 1.8 | 1.3 | -29.4% |
| Switzerland | 0.7 | 1.1 | 1.4 | 1.3 | 22.9% |
| Norway | 0.9 | 0.7 | 0.9 | 1.2 | 10.1% |
| Poland | 0.9 | 0.6 | 0.7 | 1.1 | 6.9% |
| Sweden | 0.7 | 0.8 | 1.0 | 1.0 | 12.6% |
| Hungary | 0.3 | 0.3 | 0.4 | 0.9 | 44.2% |
| Saudi Arabia | 3.3 | 1.9 | 0.5 | 0.2 | -60.7% |
| Others | 7.3 | 6.0 | 4.9 | 5.4 | -9.6% |
| Total | 59.6 | 57.1 | 46.5 | 52.5 | -4.1% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Austria in 2022:
- United States (2373.0 tons)
- Germany (1872.3 tons)
- Netherlands (1562.4 tons)
- Finland (518.2 tons)
- France (417.0 tons)
- Italy (289.6 tons)
- Poland (246.6 tons)
- Norway (217.5 tons)
- China (216.9 tons)
- Hungary (187.8 tons)
- Sweden (179.2 tons)
- Switzerland (174.9 tons)
- Saudi Arabia (24.2 tons)
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria
In 2022, after two years of decline, there was growth in supplies from abroad of tube or pipe butt welding fittings, other than stainless steels, when their volume increased by 4.3% to 4K tons. Over the period under review, imports, however, showed a deep setback.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels rose markedly to $29M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.7 | 9.5 | 11.1 | 16.0 | 22.5% |
| Czech Republic | 3.8 | 3.6 | 5.1 | 4.3 | 4.2% |
| Italy | 4.6 | 9.0 | 6.6 | 2.9 | -14.3% |
| France | 1.9 | 1.5 | 2.5 | 2.5 | 9.6% |
| Serbia | 0.1 | N/A | 0.3 | 1.8 | 162.1% |
| Slovakia | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
| Saudi Arabia | 2.5 | 3.5 | N/A | N/A | 40.0% |
| Others | 1.2 | 0.7 | 1.2 | 1.1 | -2.9% |
| Total | 23.3 | 28.1 | 27.2 | 29.1 | 7.7% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Austria in 2022:
- Germany (1682.0 tons)
- Czech Republic (1076.0 tons)
- Italy (524.1 tons)
- Serbia (294.3 tons)
- France (221.6 tons)
- Slovakia (113.8 tons)
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