Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Latvia - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Latvia (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Latvia (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Latvia
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Latvia
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Latvia (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $4,662 per ton in 2022, surging by 1.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs at $4,750 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 ($10,566 per ton), while the price for China ($2,441 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), 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 Latvia (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $5,325 per ton in 2022, rising by 11% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. The export price peaked at $6,697 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($17,414 per ton), while the average price for exports to Ukraine ($3,293 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 Turkey (+12.1%), 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 Latvia
After two years of decline, supplies from abroad of tube or pipe butt welding fittings, other than stainless steels increased by 20% to 344 tons in 2022. Overall, imports, however, saw a noticeable contraction.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels soared to $1.6M in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 561 | 473 | 579 | 736 | 9.5% |
Slovakia | 130 | 133 | 112 | 146 | 3.9% |
Denmark | 142 | 122 | 110 | 140 | -0.5% |
Finland | 6.7 | 11.1 | 21.2 | 129 | 168.0% |
Estonia | 63.2 | 12.0 | 28.7 | 106 | 18.8% |
Germany | 73.2 | 42.6 | 94.0 | 98.1 | 10.3% |
Lithuania | 95.5 | 145 | 150 | 90.7 | -1.7% |
Turkey | N/A | N/A | N/A | 27.4 | 0% |
Italy | 95.2 | 33.1 | 8.8 | 26.2 | -35.0% |
China | 75.4 | 23.9 | 27.7 | 5.3 | -58.7% |
Russia | 46.4 | 80.3 | 112 | 0.1 | -87.1% |
Others | 32.3 | 114 | 69.0 | 96.8 | 44.2% |
Total | 1,321 | 1,190 | 1,313 | 1,602 | 6.6% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Latvia in 2022:
- Poland (150.6 tons)
- Slovakia (38.5 tons)
- Denmark (33.3 tons)
- Finland (32.0 tons)
- Estonia (25.8 tons)
- Lithuania (16.1 tons)
- Turkey (9.4 tons)
- Germany (9.3 tons)
- Italy (6.7 tons)
- China (2.2 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Latvia
In 2022, shipments abroad of tube or pipe butt welding fittings, other than stainless steels increased by 35% to 147 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep setback.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels soared to $785K in 2022. Over the period under review, exports, however, saw a drastic downturn.
Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 611 | 227 | 237 | 203 | -30.7% |
Russia | 4.5 | 2.4 | 49.9 | 197 | 252.4% |
Turkey | 87.9 | 65.4 | 111 | 171 | 24.8% |
Estonia | 60.7 | 29.3 | 10.5 | 99.3 | 17.8% |
Switzerland | N/A | N/A | 16.6 | 61.3 | 269.3% |
Ukraine | 5.0 | N/A | 36.5 | 31.7 | 85.1% |
Finland | 40.2 | 70.0 | 29.6 | 17.7 | -23.9% |
Kazakhstan | 96.7 | 28.2 | 24.6 | 0.9 | -79.0% |
Others | 109 | 17.1 | 5.4 | 2.0 | -73.6% |
Total | 1,016 | 440 | 521 | 785 | -8.2% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Latvia in 2022:
- Lithuania (50.3 tons)
- Turkey (33.5 tons)
- Estonia (28.3 tons)
- Russia (11.3 tons)
- Ukraine (9.6 tons)
- Switzerland (8.8 tons)
- Finland (5.1 tons)
- Kazakhstan (0.1 tons)
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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.
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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