Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Finland - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Finland (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Finland (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Finland
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Finland
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Finland (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $6,944 per ton, with an increase of 27% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe butt welding fittings, other than stainless steels increased by +67.2% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 47% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($9,413 per ton), while the price for Italy ($5,541 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), 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 Finland (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $8,682 per ton, which is down by -51.4% against the previous year. Overall, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 149%. As a result, the export price reached the peak level of $17,875 per ton, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($15,089 per ton), while the average price for exports to Latvia ($5,466 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 Saudi Arabia (+14.5%), 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 Finland
In 2022, after two years of decline, there was significant growth in supplies from abroad of tube or pipe butt welding fittings, other than stainless steels, when their volume increased by 27% to 1.1K tons. Over the period under review, imports, however, recorded a deep reduction.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels soared to $7.9M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.6 | 1.9 | 1.9 | 3.3 | 8.3% |
Austria | 1.8 | 2.0 | 2.3 | 2.8 | 15.9% |
Denmark | 0.2 | 0.3 | 0.4 | 0.7 | 51.8% |
Italy | N/A | N/A | N/A | 0.5 | 0% |
Netherlands | 1.3 | 0.2 | 0.2 | 0.4 | -32.5% |
Sweden | 0.5 | 0.8 | 0.1 | 0.3 | -15.7% |
Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
Total | 6.5 | 5.3 | 4.9 | 7.9 | 6.7% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Finland in 2022:
- Austria (502.0 tons)
- Germany (349.9 tons)
- Denmark (115.7 tons)
- Italy (87.7 tons)
- Netherlands (41.2 tons)
- Sweden (36.0 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Finland
In 2022, overseas shipments of tube or pipe butt welding fittings, other than stainless steels increased by 734% to 116 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels surged to $1M in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | N/A | N/A | N/A | 602 | 0% |
Denmark | N/A | N/A | N/A | 311 | 0% |
Estonia | 16.9 | 13.8 | 17.5 | 21.7 | 8.7% |
Russia | 173 | 28.9 | 19.2 | 19.9 | -51.4% |
Latvia | 7.1 | 10.9 | 13.7 | 9.2 | 9.0% |
Uruguay | 2.3 | 1.8 | 168 | 4.6 | 26.0% |
Sweden | 28.8 | 2.4 | 1.4 | 3.1 | -52.4% |
Others | 108 | 69.6 | 30.1 | 39.8 | -28.3% |
Total | 336 | 127 | 250 | 1,011 | 44.4% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Finland in 2022:
- Saudi Arabia (76.2 tons)
- Denmark (31.5 tons)
- Estonia (2.6 tons)
- Latvia (1.7 tons)
- Russia (1.3 tons)
- Sweden (0.3 tons)
- Uruguay (0.1 tons)
This report provides an in-depth analysis of the market for iron or steel tube fitting in Finland.
This report provides an in-depth analysis of the market for cast steel pipe fittings in Finland.
This report provides an in-depth analysis of the market for malleable cast iron pipe fittings in Finland.
This report provides an in-depth analysis of the market for non-malleable cast iron pipe fittings in Finland.
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
This report provides an in-depth analysis of the market for iron or steel tube fitting in Finland.
This report provides an in-depth analysis of the market for cast steel pipe fittings in Finland.
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