Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia (CIF) - 2024
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia (CIF) - 2024
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $3,276 per ton in March 2024, growing by 33% against the previous month. In general, the import price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in July 2023 when the average import price increased by 106% m-o-m. Over the period under review, average import prices hit record highs at $7,634 per ton in April 2023; however, from May 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Poland ($8,296 per ton), while the price for Cambodia ($2,017 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 Poland (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $5,363 per ton in 2022, growing by 31% against the previous year. Overall, the export price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 37%. As a result, the export price attained the peak level of $9,484 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($18,390 per ton), while the average price for exports to Latvia ($4,207 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 Russia (+7.8%), 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 Estonia
In 2022, supplies from abroad of tube or pipe butt welding fittings, other than stainless steels increased by 32% to 384 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep downturn.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels surged to $1.7M in 2022. In general, imports, however, faced a deep contraction.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 167 | 324 | 524 | 559 | 49.6% |
| Italy | 125 | 77.6 | 65.5 | 410 | 48.6% |
| Germany | 183 | 95.7 | 251 | 207 | 4.2% |
| Cambodia | N/A | N/A | N/A | 146 | 0% |
| Slovakia | 37.4 | 40.3 | 73.2 | 73.5 | 25.3% |
| Austria | 233 | 71.7 | 49.7 | 51.0 | -39.7% |
| Poland | 730 | 71.9 | 117 | 42.9 | -61.1% |
| China | 44.2 | 68.7 | 20.2 | 34.4 | -8.0% |
| Russia | 635 | 400 | N/A | 15.9 | -70.7% |
| Others | 425 | 56.1 | 107 | 117 | -34.9% |
| Total | 2,580 | 1,205 | 1,207 | 1,658 | -13.7% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Estonia in 2022:
- Romania (148.5 tons)
- Italy (74.6 tons)
- Cambodia (54.1 tons)
- Germany (28.7 tons)
- Slovakia (20.0 tons)
- China (18.4 tons)
- Austria (10.8 tons)
- Poland (7.9 tons)
- Russia (2.4 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia
In 2022, after three years of growth, there was significant decline in overseas shipments of tube or pipe butt welding fittings, other than stainless steels, when their volume decreased by -70.6% to 84 tons. Overall, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 120% against the previous year.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels contracted notably to $450K in 2022. In general, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 149%.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 179 | 185 | 210 | 251 | 11.9% |
| Latvia | 10.8 | 11.7 | 29.6 | 134 | 131.5% |
| Russia | 97.8 | 138 | 286 | 33.2 | -30.2% |
| Finland | 14.7 | 27.8 | 69.6 | 9.7 | -12.9% |
| Poland | N/A | 210 | 0.3 | 0.6 | -94.7% |
| Saudi Arabia | N/A | N/A | 547 | N/A | 0% |
| Romania | N/A | 173 | N/A | N/A | 0% |
| Others | 19.0 | 52.3 | 26.6 | 20.8 | 3.1% |
| Total | 321 | 798 | 1,169 | 450 | 11.9% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Estonia in 2022:
- Lithuania (47.5 tons)
- Latvia (31.8 tons)
- Finland (2.0 tons)
- Russia (1.8 tons)
- Poland (0.1 tons)
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