Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Denmark - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Denmark (CIF) - 2024
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Denmark (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Denmark
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Denmark
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Denmark (CIF) - 2024
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $2,407 per ton in March 2024, which is down by -82.6% against the previous month. Over the period under review, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in February 2024 an increase of 240% against the previous month. As a result, import price reached the peak level of $13,841 per ton, and then dropped markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Serbia ($5,640 per ton), while the price for China ($2,029 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+4.7%), 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 Denmark (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $4,679 per ton in 2022, surging by 11% against the previous year. Over the period under review, the export price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $8,225 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($8,336 per ton), while the average price for exports to Poland ($3,922 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 Estonia (+8.3%), 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 Denmark
Imports of tube or pipe butt welding fittings, other than stainless steels into Denmark totaled 4.6K tons in 2022, growing by 6.4% against the previous year's figure. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels amounted to $18M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 +66.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.9 | 3.5 | 4.9 | 5.3 | 22.3% |
| Cambodia | 0.4 | 1.2 | 1.8 | 4.0 | 115.4% |
| Austria | 3.3 | 2.9 | 2.2 | 2.5 | -8.8% |
| Vietnam | N/A | N/A | 0.2 | 2.0 | 900.0% |
| China | 0.2 | 0.7 | 1.3 | 0.8 | 58.7% |
| Turkey | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| France | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Romania | 0.6 | 0.5 | 0.6 | 0.2 | -30.7% |
| Italy | 0.4 | 1.2 | 2.0 | 0.1 | -37.0% |
| Others | 3.0 | 2.8 | 3.7 | 2.0 | -12.6% |
| Total | 10.7 | 12.9 | 17.3 | 17.8 | 18.5% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Denmark in 2022:
- Cambodia (1541.6 tons)
- Germany (877.4 tons)
- Vietnam (678.0 tons)
- Austria (397.8 tons)
- China (358.4 tons)
- Turkey (195.4 tons)
- France (117.6 tons)
- Romania (77.5 tons)
- Italy (20.9 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Denmark
For the fourth consecutive year, Denmark recorded growth in overseas shipments of tube or pipe butt welding fittings, other than stainless steels, which increased by 20% to 2.8K tons in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 82% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels surged to $13M in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 806 | 1,722 | 4,085 | 6,163 | 97.0% |
| Netherlands | 518 | 516 | 1,137 | 1,149 | 30.4% |
| Belgium | 250 | 612 | 967 | 1,036 | 60.6% |
| Finland | 280 | 526 | 746 | 987 | 52.2% |
| Switzerland | 162 | 606 | 686 | 766 | 67.8% |
| Sweden | 1,008 | 975 | 828 | 645 | -13.8% |
| United Kingdom | 394 | 518 | 219 | 566 | 12.8% |
| Norway | 574 | 764 | 410 | 363 | -14.2% |
| Poland | 36.2 | 127 | 238 | 346 | 112.2% |
| Others | 1,106 | 1,763 | 580 | 1,096 | -0.3% |
| Total | 5,136 | 8,131 | 9,895 | 13,119 | 36.7% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Denmark in 2022:
- Germany (1469.3 tons)
- Netherlands (238.9 tons)
- Belgium (228.1 tons)
- Finland (189.5 tons)
- Switzerland (163.8 tons)
- Sweden (107.3 tons)
- Poland (88.3 tons)
- United Kingdom (72.4 tons)
- Norway (43.6 tons)
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