Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $4,311 per ton in 2022, growing by 41% against the previous year. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 78%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 United States ($16,142 per ton), while the price for China ($3,299 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $12,943 per ton, surging by 55% against the previous year. Over the period under review, the export price showed perceptible growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 70% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($31,311 per ton), while the average price for exports to Paraguay ($3,650 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 Argentina (+21.3%), 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 Chile
In 2022, imports of tube or pipe butt welding fittings, other than stainless steels into Chile contracted sharply to 1.1K tons, with a decrease of -29.8% on 2021 figures. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 35%.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels contracted slightly to $4.5M in 2022. Over the period under review, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 90%. As a result, imports attained the peak of $4.6M, and then reduced in the following year.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 1.8 | 3.2 | 2.7 | 0.0% |
| India | N/A | N/A | 0.1 | 0.9 | 800.0% |
| Argentina | 0.4 | 0.1 | 0.1 | 0.3 | -9.1% |
| Others | 1.1 | 0.5 | 1.2 | 0.8 | -10.1% |
| Total | 4.3 | 2.4 | 4.6 | 4.5 | 1.5% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Chile in 2022:
- China (810.7 tons)
- India (152.1 tons)
- Argentina (38.7 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile
In 2022, after two years of decline, there was significant growth in shipments abroad of tube or pipe butt welding fittings, other than stainless steels, when their volume increased by 9.7% to 4 tons. In general, exports, however, saw a sharp shrinkage.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels soared to $51K in 2022. Over the period under review, exports, however, faced a dramatic slump.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 19.0 | 3.5 | 0.4 | 29.7 | 16.1% |
| Bolivia | 0.7 | 5.6 | 9.4 | 15.2 | 179.0% |
| Uruguay | N/A | N/A | 5.7 | 4.6 | -19.3% |
| Peru | 0.2 | 15.3 | 10.7 | 1.9 | 111.8% |
| Paraguay | 1.1 | 7.9 | 1.2 | 0.1 | -55.0% |
| Kuwait | 196 | N/A | N/A | N/A | 0% |
| Colombia | N/A | 99.8 | N/A | N/A | 0% |
| Others | 5.3 | 4.6 | 2.7 | N/A | -28.6% |
| Total | 222 | 137 | 30.2 | 51.4 | -38.6% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Chile in 2022:
- Bolivia (2298.0 kg)
- Argentina (949.0 kg)
- Uruguay (381.0 kg)
- Peru (326.0 kg)
- Paraguay (20.0 kg)
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