Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ecuador - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ecuador (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ecuador (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ecuador
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ecuador
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ecuador (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,496 per ton, reducing by -1.7% against the previous year. Over the period under review, the import price saw a slight decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the maximum at $4,245 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Mexico ($10,184 per ton), while the price for China ($2,976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.9%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,191 per ton, which is down by -2.4% against the previous year. Overall, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 48%. The export price peaked at $5,252 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 Canada ($3,396 per ton), while the average price for exports to Colombia ($521 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 United States (+331.5%), 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 Ecuador
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 20% to 373 tons. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels surged to $1.3M in 2022. In general, imports, however, saw a abrupt descent.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,029 | 615 | 845 | 951 | -2.6% |
| United States | 425 | 539 | 83.9 | 93.9 | -39.5% |
| Malaysia | 117 | 163 | 37.3 | 59.3 | -20.3% |
| Argentina | 211 | 54.0 | 27.4 | 18.6 | -55.5% |
| Others | 318 | 107 | 111 | 182 | -17.0% |
| Total | 2,099 | 1,478 | 1,104 | 1,304 | -14.7% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Ecuador in 2022:
- China (319.5 tons)
- Malaysia (17.8 tons)
- United States (11.6 tons)
- Argentina (4.4 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ecuador
In 2022, exports of tube or pipe butt welding fittings, other than stainless steels from Ecuador soared to 1.8 tons, with an increase of 20% on the previous year. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 250%. As a result, the exports reached the peak of 3.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $5.9K in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 420%. As a result, the exports attained the peak of $10K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.9 | 9.7 | 4.9 | 5.7 | 44.2% |
| Chile | N/A | 0.2 | 0.1 | 0.1 | -29.3% |
| Colombia | N/A | 0.1 | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 1.9 | 10.0 | 5.0 | 5.9 | 45.9% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Ecuador in 2022:
- Canada (1678.0 kg)
- Chile (92.0 kg)
- Colombia (71.0 kg)
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