Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ireland - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ireland (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ireland (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ireland
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ireland
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ireland (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $4,589 per ton in 2022, with a decrease of -7.9% against the previous year. In general, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 an increase of 56%. Over the period under review, average import prices reached the maximum at $7,013 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,385 per ton), while the price for Cambodia ($2,800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+29.8%), 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 Ireland (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $19,369 per ton, surging by 185% against the previous year. Over the period under review, the export price saw a tangible increase. The export price peaked at $22,158 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 Peru ($74,257 per ton), while the average price for exports to the UK amounted to $5,126 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-10.5%).
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ireland
In 2022, imports of tube or pipe butt welding fittings, other than stainless steels into Ireland rose markedly to 540 tons, with an increase of 13% compared with the year before. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, imports reached the peak of 558 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels expanded to $2.5M in 2022. In general, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2020 when imports increased by 111% against the previous year. As a result, imports attained the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,350 | 3,114 | 1,082 | 955 | -10.9% |
| Turkey | N/A | N/A | 116 | 362 | 212.1% |
| Cambodia | 83.5 | 175 | 91.8 | 300 | 53.2% |
| China | 73.9 | 25.6 | 321 | 267 | 53.4% |
| Vietnam | N/A | N/A | 384 | 214 | -44.3% |
| Spain | 31.3 | 56.3 | 87.5 | 134 | 62.4% |
| Thailand | N/A | N/A | 54.4 | 69.0 | 26.8% |
| India | N/A | N/A | 117 | 36.4 | -68.9% |
| Taiwan (Chinese) | 47.0 | 0.3 | 26.6 | 25.8 | -18.1% |
| Others | 94.9 | 175 | 109 | 116 | 6.9% |
| Total | 1,681 | 3,546 | 2,389 | 2,480 | 13.8% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Ireland in 2022:
- United Kingdom (113.9 tons)
- Cambodia (107.2 tons)
- Turkey (97.2 tons)
- China (81.1 tons)
- Vietnam (50.0 tons)
- Spain (47.7 tons)
- Thailand (10.8 tons)
- India (10.1 tons)
- Taiwan (Chinese) (6.0 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ireland
In 2022, overseas shipments of tube or pipe butt welding fittings, other than stainless steels decreased by -79.2% to 747 kg, falling for the second year in a row after two years of growth. In general, exports faced a sharp descent. The growth pace was the most rapid in 2020 when exports increased by 153% against the previous year. As a result, the exports attained the peak of 130 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels declined significantly to $14K in 2022. Overall, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2020 when exports increased by 273% against the previous year. As a result, the exports attained the peak of $1.2M. 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | N/A | N/A | 11.3 | 0% |
| United Kingdom | 321 | 1,225 | 24.1 | 3.0 | -78.9% |
| Others | 7.9 | 1.3 | 0.4 | 0.2 | -70.6% |
| Total | 329 | 1,226 | 24.4 | 14.5 | -64.7% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Ireland in 2022:
- United Kingdom (589.0 kg)
- Peru (152.0 kg)
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