Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $4,475 per ton in 2022, leveling off at the previous year. Overall, the import price, however, saw a slight slump. The most prominent rate of growth was recorded in 2015 an increase of 48% against the previous year. As a result, import price attained the peak level of $7,750 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18,132 per ton), while the price for Vietnam ($2,657 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), 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 Canada (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $5,319 per ton, waning by -21% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 28%. The export price peaked at $6,851 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,319 per ton), while the average price for exports to the Dominican Republic ($5,319 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 Dominican Republic (-0.3%).
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada
In 2022, after two years of decline, there was significant growth in purchases abroad of tube or pipe butt welding fittings, other than stainless steels, when their volume increased by 89% to 12K tons. Overall, imports, however, continue to indicate a abrupt shrinkage.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $54M in 2022. In general, imports, however, saw a relatively flat trend pattern.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.0 | 14.8 | 10.9 | 16.5 | 3.2% |
| China | 5.7 | 3.9 | 3.4 | 8.8 | 15.6% |
| Thailand | 7.5 | 5.4 | 1.6 | 6.5 | -4.7% |
| South Korea | 4.5 | 6.3 | 2.7 | 6.4 | 12.5% |
| Italy | 7.2 | 11.3 | 5.1 | 4.2 | -16.4% |
| Taiwan (Chinese) | 4.1 | 2.5 | 1.0 | 3.7 | -3.4% |
| United Kingdom | 7.4 | 3.3 | 0.5 | 3.0 | -26.0% |
| Vietnam | 0.6 | 0.8 | 0.6 | 1.7 | 41.5% |
| Malaysia | 1.1 | 0.2 | 0.8 | 0.8 | -10.1% |
| Others | 2.3 | 2.3 | 2.2 | 2.9 | 8.0% |
| Total | 55.3 | 50.8 | 28.7 | 54.5 | -0.5% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Canada in 2022:
- China (3.2K tons)
- Thailand (2.4K tons)
- South Korea (1.5K tons)
- Taiwan (Chinese) (1.3K tons)
- United States (0.9K tons)
- United Kingdom (0.8K tons)
- Italy (0.6K tons)
- Vietnam (0.6K tons)
- Malaysia (0.3K tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada
In 2022, the amount of tube or pipe butt welding fittings, other than stainless steels exported from Canada skyrocketed to 3.5K tons, growing by 61% against the previous year. In general, exports, however, saw a mild curtailment.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels soared to $18M in 2022. Overall, exports, however, continue to indicate a pronounced shrinkage.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.8 | 17.2 | 13.6 | 17.1 | -3.1% |
| Dominican Republic | N/A | 0.5 | 0.3 | 0.5 | 0.0% |
| Angola | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.8 | 1.4 | 0.5 | 0.5 | -14.5% |
| Total | 19.6 | 19.1 | 14.5 | 18.4 | -2.1% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Canada in 2022:
- United States (3217.9 tons)
- Dominican Republic (90.6 tons)
- Angola (61.0 tons)
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