Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,853 per ton, waning by -25.9% against the previous year. In general, the import price, however, recorded a modest expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 73% against the previous year. As a result, import price reached the peak level of $5,197 per ton, and then declined significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($20,636 per ton), while the price for India ($1,886 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+19.5%), 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 Ethiopia (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $6,375 per ton in 2022, dropping by -7.4% against the previous year. Over the period under review, the export price showed a abrupt downturn. The export price peaked at $11,172 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Nigeria.
From 2014 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia
In 2022, supplies from abroad of tube or pipe butt welding fittings, other than stainless steels was finally on the rise to reach 180 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a slight descent.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels reduced modestly to $693K in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 49%.
Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 327 | 514 | 703 | 663 | 26.6% |
United Arab Emirates | 4.9 | 4.7 | 9.3 | 9.4 | 24.3% |
Others | 28.2 | 18.1 | 13.3 | 20.4 | -10.2% |
Total | 360 | 537 | 726 | 693 | 24.4% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Ethiopia in 2022:
- China (171.8 tons)
- United Arab Emirates (4.0 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia
In 2022, overseas shipments of tube or pipe butt welding fittings, other than stainless steels decreased by -99.5% to 712 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a precipitous slump.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels fell sharply to $4.5K in 2022. Over the period under review, exports showed a sharp decrease.
Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | N/A | N/A | N/A | 4.5 | 0% |
Oman | N/A | N/A | 916 | N/A | 0% |
Ghana | 97.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 97.1 | N/A | 916 | 4.5 | -64.1% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Ethiopia in 2022:
- Nigeria (712.0 kg)
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t