Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Japan - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Japan (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Japan (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Japan
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Japan
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Japan (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,177 per ton, surging by 3.7% against the previous year. Over the period under review, the import price, however, saw a mild decrease. The growth pace was the most rapid in 2018 an increase of 6.1% against the previous year. The import price peaked at $3,496 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 South Korea ($6,496 per ton), while the price for Thailand ($2,881 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), 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 Japan (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $6,566 per ton, shrinking by -10.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices reached the maximum at $8,367 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($47,904 per ton), while the average price for exports to the UK ($2,337 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 Thailand (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Japan
After two years of decline, overseas purchases of tube or pipe butt welding fittings, other than stainless steels increased by 14% to 12K tons in 2022. Over the period under review, imports, however, showed a drastic downturn.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $37M in 2022. In general, imports, however, recorded a deep slump.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 29.2 | 23.0 | 21.0 | 24.2 | -6.1% |
| Vietnam | 8.6 | 6.7 | 6.1 | 8.9 | 1.1% |
| China | 0.5 | 0.8 | 1.1 | 1.6 | 47.4% |
| South Korea | 3.4 | 1.6 | 1.5 | 0.8 | -38.3% |
| Others | 3.0 | 1.1 | 1.7 | 1.8 | -15.7% |
| Total | 44.7 | 33.3 | 31.4 | 37.3 | -5.9% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Japan in 2022:
- Thailand (8.4K tons)
- Vietnam (2.8K tons)
- China (0.3K tons)
- South Korea (0.1K tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Japan
In 2022, the amount of tube or pipe butt welding fittings, other than stainless steels exported from Japan expanded sharply to 2.8K tons, increasing by 9.4% on 2021. Over the period under review, exports, however, recorded a perceptible decline.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels reduced to $19M in 2022. In general, exports, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of $23M. 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 Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.8 | 5.6 | 1.7 | 3.3 | 5.6% |
| Saudi Arabia | 1.7 | 0.9 | 1.7 | 3.0 | 20.8% |
| China | 2.3 | 3.9 | 3.7 | 2.1 | -3.0% |
| United States | 2.0 | 1.4 | 2.1 | 1.9 | -1.7% |
| Philippines | 1.5 | 1.1 | 2.4 | 1.2 | -7.2% |
| Thailand | 0.8 | 0.5 | 0.3 | 1.0 | 7.7% |
| Singapore | 1.6 | 1.9 | 0.3 | 0.9 | -17.5% |
| Vietnam | 0.3 | 0.3 | 0.2 | 0.5 | 18.6% |
| Italy | 0.4 | 0.3 | 0.2 | 0.2 | -20.6% |
| United Kingdom | 0.3 | 0.3 | 0.3 | N/A | 0.0% |
| Azerbaijan | 0.4 | 2.5 | N/A | N/A | 525.0% |
| Others | 5.1 | 4.3 | 6.0 | 4.6 | -3.4% |
| Total | 19.4 | 23.2 | 19.0 | 18.6 | -1.4% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Japan in 2022:
- Saudi Arabia (1047.3 tons)
- Indonesia (711.5 tons)
- Singapore (294.4 tons)
- China (218.5 tons)
- Philippines (177.1 tons)
- Vietnam (116.3 tons)
- Italy (57.0 tons)
- Thailand (54.1 tons)
- United States (38.8 tons)
- United Kingdom (1.4 tons)
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