Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy (FOB) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy (CIF) - 2022
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $6,190 per ton, growing by 5.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs at $6,804 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 China ($10,545 per ton), while the average price for exports to Saudi Arabia ($4,078 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 Germany (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $2,996 per ton in 2022, with an increase of 2.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 16%. The import price peaked at $3,163 per ton in 2012; however, from 2013 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 ($10,054 per ton), while the price for Cambodia ($2,279 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy
After two years of decline, shipments abroad of tube or pipe butt welding fittings, other than stainless steels increased by 15% to 36K tons in 2022. In general, exports, however, saw a deep contraction.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels soared to $222M in 2022. Overall, exports, however, showed a abrupt decline.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 78.9 | 27.1 | 23.2 | 46.6 | -16.1% |
| Germany | 10.9 | 10.7 | 13.0 | 15.6 | 12.7% |
| China | 18.2 | 18.6 | 12.5 | 14.1 | -8.2% |
| Saudi Arabia | 4.7 | 7.0 | 9.9 | 13.5 | 42.1% |
| Egypt | 2.6 | 7.7 | 3.9 | 11.1 | 62.2% |
| France | 7.7 | 9.4 | 12.5 | 10.9 | 12.3% |
| Netherlands | 8.0 | 7.5 | 7.1 | 10.4 | 9.1% |
| United Arab Emirates | 8.8 | 7.9 | 5.8 | 6.6 | -9.1% |
| Turkey | 2.3 | 1.2 | 7.1 | 6.2 | 39.2% |
| Iraq | 5.7 | 2.9 | 2.6 | 5.6 | -0.6% |
| Austria | 4.5 | 7.0 | 6.9 | 4.4 | -0.7% |
| Spain | 4.6 | 3.2 | 3.0 | 3.9 | -5.4% |
| Canada | 8.2 | 9.7 | 5.3 | 3.8 | -22.6% |
| Others | 94.3 | 70.2 | 70.0 | 69.2 | -9.8% |
| Total | 259 | 190 | 183 | 222 | -5.0% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Italy in 2022:
- United States (10.2K tons)
- Saudi Arabia (3.3K tons)
- Germany (3.0K tons)
- France (1.9K tons)
- Egypt (1.7K tons)
- Netherlands (1.4K tons)
- China (1.3K tons)
- Turkey (1.1K tons)
- United Arab Emirates (1.1K tons)
- Iraq (0.9K tons)
- Spain (0.9K tons)
- Canada (0.8K tons)
- Austria (0.8K tons)
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Italy
In 2022, purchases abroad of tube or pipe butt welding fittings, other than stainless steels was finally on the rise to reach 13K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $40M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 5.3 | 5.1 | 7.8 | 14.5% |
| France | 5.9 | 4.1 | 3.1 | 5.4 | -2.9% |
| Vietnam | 1.0 | 1.0 | 3.2 | 5.2 | 73.2% |
| Cambodia | 1.8 | 2.9 | 2.3 | 3.6 | 26.0% |
| Romania | 2.1 | 2.0 | 1.9 | 3.2 | 15.1% |
| Turkey | 1.5 | 1.4 | 1.9 | 2.9 | 24.6% |
| Germany | 2.2 | 2.4 | 2.1 | 2.4 | 2.9% |
| Spain | 1.0 | 0.9 | 1.7 | 1.7 | 19.3% |
| India | 0.8 | 0.6 | 1.5 | 1.6 | 26.0% |
| Austria | 3.7 | 3.1 | 1.7 | 1.6 | -24.4% |
| Taiwan (Chinese) | 2.7 | 2.0 | 1.1 | 0.9 | -30.7% |
| Thailand | 0.5 | 0.5 | 0.3 | 0.8 | 17.0% |
| Others | 2.5 | 2.5 | 4.8 | 3.0 | 6.3% |
| Total | 31.0 | 28.6 | 30.6 | 40.1 | 9.0% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Italy in 2022:
- China (3.2K tons)
- Vietnam (2.0K tons)
- France (1.9K tons)
- Cambodia (1.6K tons)
- Turkey (1.1K tons)
- Romania (0.8K tons)
- Spain (0.5K tons)
- India (0.4K tons)
- Austria (0.4K tons)
- Taiwan (Chinese) (0.3K tons)
- Thailand (0.3K tons)
- Germany (0.2K tons)
1047
This report provides an in-depth analysis of the market for iron or steel tube fitting in Italy.
270
This report provides an in-depth analysis of the market for cast steel pipe fittings in Italy.
353
This report provides an in-depth analysis of the market for malleable cast iron pipe fittings in Italy.
325
This report provides an in-depth analysis of the market for non-malleable cast iron pipe fittings in Italy.
1356
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
476
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
450
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.
464
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
1047
This report provides an in-depth analysis of the market for iron or steel tube fitting in Italy.
270
This report provides an in-depth analysis of the market for cast steel pipe fittings in Italy.
241
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.
3856
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
1484
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...
1179
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...
1295
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
241
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.
3856
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
1484
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...
1179
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...
1295
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
