Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Greece - 2024

Contents:

  1. Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Greece (CIF) - 2022
  2. Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Greece (FOB) - 2022
  3. Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Greece
  4. Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Greece

Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Greece (CIF) - 2022

In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,711 per ton, picking up by 46% against the previous year. Overall, the import price recorded pronounced growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 84% against the previous year. Over the period under review, average import prices hit record highs at $5,746 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Germany ($11,330 per ton), while the price for China ($1,853 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.4%), 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 Greece (FOB) - 2022

The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $3,566 per ton in 2022, waning by -9% against the previous year. Overall, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 an increase of 45% against the previous year. The export price peaked at $3,975 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($34,287 per ton), while the average price for exports to Serbia ($1,951 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 Iraq (+77.7%), 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 Greece

In 2022, approx. 1.4K tons of tube or pipe butt welding fittings, other than stainless steels were imported into Greece; waning by -46.1% on the previous year's figure. Over the period under review, imports faced a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 91% against the previous year. As a result, imports reached the peak of 2.6K tons, and then reduced markedly in the following year.

In value terms, imports of tube or pipe butt welding fittings, other than stainless steels fell markedly to $5.2M in 2022. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year.

Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,9482,1873,2322,59110.0%
China4145521,5741,27245.4%
Netherlands55.854522430075.2%
Turkey9.616.7500274205.6%
Germany3,805611238226-61.0%
France11712523493.3-7.3%
Romania12910913983.8-13.4%
Others3052694533292.6%
Total6,7844,4146,5935,168-8.7%

Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Greece in 2022:

  1. China (686.1 tons)
  2. Italy (497.2 tons)
  3. Turkey (74.8 tons)
  4. Netherlands (47.4 tons)
  5. Romania (21.5 tons)
  6. France (20.3 tons)
  7. Germany (19.9 tons)

Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Greece

In 2022, exports of tube or pipe butt welding fittings, other than stainless steels from Greece dropped remarkably to 335 tons, shrinking by -53.9% compared with the year before. In general, exports faced a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 57%. As a result, the exports attained the peak of 727 tons, and then fell remarkably in the following year.

In value terms, exports of tube or pipe butt welding fittings, other than stainless steels dropped rapidly to $1.2M in 2022. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 128%. As a result, the exports reached the peak of $2.8M, and then fell sharply in the following year.

Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany571395372395-11.6%
Albania68.651.110722849.2%
Bulgaria1351251,1011728.4%
Cyprus345178318132-27.4%
LibyaN/A184N/A73.8-36.7%
SpainN/AN/A23.569.1194.0%
Serbia67.07.534.061.3-2.9%
Iraq37.61991106.0-45.8%
EgyptN/A26.3756N/A2774.5%
Others25385.125.959.2-38.4%
Total1,4771,2512,8481,196-6.8%

Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Greece in 2022:

  1. Germany (142.2 tons)
  2. Albania (45.9 tons)
  3. Bulgaria (34.1 tons)
  4. Serbia (31.4 tons)
  5. Spain (27.1 tons)
  6. Cyprus (22.9 tons)
  7. Libya (13.8 tons)
  8. Iraq (0.2 tons)

Source: IndexBox Market Intelligence Platform

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