Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Brazil - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Brazil (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Brazil (FOB) - 2024
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Brazil
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Brazil
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Brazil (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $2,523 per ton, increasing by 24% against the previous year. Over the period under review, the import price, however, showed a mild shrinkage. The import price peaked at $3,217 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($25,227 per ton), while the price for China ($2,242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.5%), 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 Brazil (FOB) - 2024
In May 2024, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $20,985 per ton, surging by 50% against the previous month. Over the period under review, the export price recorded mild growth. The growth pace was the most rapid in December 2023 an increase of 104% m-o-m. Over the period under review, the average export prices reached the maximum at $38,948 per ton in July 2023; however, from August 2023 to May 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($25,037 per ton), while the average price for exports to Paraguay ($3,563 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+3.9%), 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 Brazil
Imports of tube or pipe butt welding fittings, other than stainless steels into Brazil soared to 6.4K tons in 2022, increasing by 31% on the previous year. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels soared to $16M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 7.3 | 8.1 | 13.7 | 29.6% |
| Hong Kong SAR | 0.3 | 0.1 | N/A | 0.1 | -30.7% |
| Others | 3.8 | 3.2 | 1.8 | 2.3 | -15.4% |
| Total | 10.5 | 10.6 | 9.9 | 16.0 | 15.1% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Brazil in 2022:
- China (6.1K tons)
- Hong Kong SAR (0.1K tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Brazil
In 2022, the amount of tube or pipe butt welding fittings, other than stainless steels exported from Brazil declined significantly to 77 tons, waning by -41.7% compared with the previous year's figure. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 109% against the previous year. As a result, the exports attained the peak of 131 tons, and then declined dramatically in the following year.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels plummeted to $895K in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 90% against the previous year. As a result, the exports reached the peak of $1.7M, and then reduced dramatically in the following year.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 438 | 40.8 | 89.2 | 366 | -5.8% |
| Mexico | N/A | 1.4 | 10.8 | 275 | 1301.5% |
| Liberia | 3.1 | 4.0 | 7.2 | 88.0 | 205.1% |
| China | N/A | 2.5 | 5.5 | 61.2 | 394.8% |
| Paraguay | 13.7 | 5.1 | 9.4 | 15.5 | 4.2% |
| Angola | 6.5 | 22.4 | 4.3 | 13.7 | 28.2% |
| United States | 336 | 651 | 525 | 3.3 | -78.6% |
| Indonesia | 0.9 | 52.2 | 347 | 2.0 | 30.5% |
| Singapore | 358 | 3.6 | 3.3 | 0.9 | -86.4% |
| Bolivia | 45.5 | 59.7 | 435 | 0.7 | -75.1% |
| Portugal | 233 | 0.5 | 0.4 | 0.7 | -85.6% |
| India | 172 | N/A | N/A | N/A | 0% |
| Others | 108 | 68.1 | 293 | 68.2 | -14.2% |
| Total | 1,714 | 911 | 1,730 | 895 | -19.5% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Brazil in 2022:
- Argentina (35.0 tons)
- Mexico (18.4 tons)
- Liberia (8.6 tons)
- China (4.4 tons)
- Paraguay (3.6 tons)
- Angola (1.2 tons)
- United States (0.3 tons)
- Portugal (0.1 tons)
- Singapore (0.1 tons)
- Indonesia (0.1 tons)
- Bolivia (0.1 tons)
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