Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Azerbaijan - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Azerbaijan (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Azerbaijan (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Azerbaijan
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Azerbaijan
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Azerbaijan (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $7,256 per ton, with an increase of 35% against the previous year. In general, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 66% against the previous year. Over the period under review, average import prices reached the peak figure at $10,243 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the UK ($35,893 per ton), while the price for the United Arab Emirates ($1,665 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.6%), 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 Azerbaijan (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $15,058 per ton in 2022, with an increase of 66% against the previous year. In general, the export price posted a strong increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 205%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($66,391 per ton), while the average price for exports to Georgia ($3,696 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 Kazakhstan (+24.9%), 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 Azerbaijan
In 2022, the amount of tube or pipe butt welding fittings, other than stainless steels imported into Azerbaijan rose modestly to 1.1K tons, growing by 2.5% compared with 2021. The total import volume increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 34% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels surged to $7.6M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 123% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 310 | 1,356 | 906 | 2,215 | 92.6% |
| Japan | 300 | 1,528 | 1,305 | 1,836 | 82.9% |
| Russia | 938 | 376 | 201 | 1,725 | 22.5% |
| China | 428 | 724 | 1,393 | 462 | 2.6% |
| Turkey | 201 | 63.1 | 141 | 398 | 25.6% |
| South Korea | 10.5 | 11.7 | 317 | 224 | 177.3% |
| France | 25.5 | 47.3 | 135 | 164 | 86.0% |
| United Arab Emirates | 510 | 684 | 190 | 21.9 | -65.0% |
| Others | 368 | 2,101 | 927 | 573 | 15.9% |
| Total | 3,092 | 6,891 | 5,514 | 7,620 | 35.1% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Azerbaijan in 2022:
- Russia (392.9 tons)
- China (147.7 tons)
- Italy (147.5 tons)
- Japan (143.9 tons)
- Turkey (85.9 tons)
- South Korea (40.4 tons)
- France (33.7 tons)
- United Arab Emirates (13.2 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Azerbaijan
In 2022, shipments abroad of tube or pipe butt welding fittings, other than stainless steels increased by 2,879% to 417 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a dramatic setback.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $6.3K in 2022. Overall, exports, however, faced a deep downturn.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | N/A | 2.9 | 0% |
| United Kingdom | N/A | N/A | N/A | 1.5 | 0% |
| Kazakhstan | 3.4 | 0.9 | 0.1 | 1.5 | -23.9% |
| Georgia | 1.0 | 0.2 | N/A | 0.3 | -33.1% |
| Netherlands | 6.7 | N/A | N/A | N/A | 0% |
| Egypt | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.2 | 1.1 | 0.1 | 6.3 | -17.5% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Azerbaijan in 2022:
- Romania (207.0 kg)
- United Kingdom (94.0 kg)
- Georgia (92.0 kg)
- Kazakhstan (23.0 kg)
463
This report provides an in-depth analysis of the market for iron or steel tube fitting in Azerbaijan.
1356
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
476
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
450
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
464
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
463
This report provides an in-depth analysis of the market for iron or steel tube fitting in Azerbaijan.
1356
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
476
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
450
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
464
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
241
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
3856
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
1484
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1179
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1295
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
241
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
3856
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
1484
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1179
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1295
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
