Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Lithuania - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Lithuania (CIF) - 2024
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Lithuania (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Lithuania
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Lithuania
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Lithuania (CIF) - 2024
In March 2024, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,555 per ton, shrinking by -14.7% against the previous month. In general, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in January 2024 an increase of 73% month-to-month. The import price peaked at $6,644 per ton in September 2023; however, from October 2023 to March 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Romania ($8,701 per ton), while the price for China ($984 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Romania (+11.8%), 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 Lithuania (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $5,038 per ton in 2022, declining by -9.3% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price increased by 46% against the previous year. As a result, the export price reached the peak level of $9,355 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
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 Belarus ($9,707 per ton), while the average price for exports to Poland ($3,711 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 Poland (+5.8%), 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 Lithuania
In 2022, overseas purchases of tube or pipe butt welding fittings, other than stainless steels increased by 10% to 852 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt decrease.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $4M in 2022. In general, imports, however, saw a deep downturn.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,278 | 1,144 | 964 | 814 | -14.0% |
| Germany | 799 | 436 | 470 | 813 | 0.6% |
| Spain | 204 | 423 | 3.9 | 435 | 28.7% |
| Estonia | 653 | 370 | 503 | 339 | -19.6% |
| Italy | 878 | 813 | 524 | 309 | -29.4% |
| Netherlands | 215 | 131 | 80.7 | 244 | 4.3% |
| Latvia | 429 | 437 | 164 | 225 | -19.4% |
| China | 194 | 174 | 248 | 218 | 4.0% |
| Romania | 15.8 | 460 | 94.3 | 142 | 107.9% |
| Austria | 336 | 50.7 | 26.9 | 21.7 | -59.9% |
| Others | 402 | 521 | 163 | 481 | 6.2% |
| Total | 5,405 | 4,959 | 3,241 | 4,042 | -9.2% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Lithuania in 2022:
- China (171.9 tons)
- Poland (148.6 tons)
- Spain (112.7 tons)
- Germany (110.9 tons)
- Estonia (73.3 tons)
- Netherlands (53.2 tons)
- Latvia (43.1 tons)
- Romania (34.3 tons)
- Italy (33.0 tons)
- Austria (4.1 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Lithuania
In 2022, after two years of decline, there was significant growth in overseas shipments of tube or pipe butt welding fittings, other than stainless steels, when their volume increased by 42% to 300 tons. Over the period under review, exports, however, showed a perceptible shrinkage.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels surged to $1.5M in 2022. In general, exports, however, showed a dramatic slump.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 979 | 1,613 | 651 | 553 | -17.3% |
| Kazakhstan | 1,626 | 623 | 50.5 | 369 | -39.0% |
| Poland | 83.6 | 68.1 | 178 | 197 | 33.1% |
| Latvia | 104 | 140 | 148 | 183 | 20.7% |
| Uzbekistan | 4.4 | 0.1 | 23.4 | 168 | 236.7% |
| Belarus | 71.2 | 53.1 | 63.9 | 8.5 | -50.8% |
| Denmark | 166 | N/A | 3.6 | N/A | -85.3% |
| Others | 115 | 84.8 | 53.4 | 34.2 | -33.3% |
| Total | 3,150 | 2,582 | 1,172 | 1,511 | -21.7% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Lithuania in 2022:
- Russia (123.0 tons)
- Poland (53.0 tons)
- Kazakhstan (49.7 tons)
- Latvia (43.5 tons)
- Uzbekistan (26.4 tons)
- Belarus (0.9 tons)
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