Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in New Zealand - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in New Zealand (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in New Zealand (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in New Zealand
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in New Zealand
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in New Zealand (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,362 per ton, with an increase of 11% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 33%. Over the period under review, average import prices reached the peak figure at $3,648 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($11,590 per ton), while the price for Taiwan (Chinese) ($2,453 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.6%), 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 New Zealand (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $23,606 per ton in 2022, waning by -37.9% against the previous year. In general, the export price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 212%. The export price peaked at $126,278 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 Fiji ($31,500 per ton), while the average price for exports to Vanuatu ($14,000 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 the United Arab Emirates (+141.1%), 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 New Zealand
In 2022, imports of tube or pipe butt welding fittings, other than stainless steels into New Zealand surged to 523 tons, with an increase of 121% on the year before. Over the period under review, imports saw a significant increase. As a result, imports attained 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 $1.8M in 2022. In general, imports posted significant growth. 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 New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 362 | 288 | 279 | 1,181 | 48.3% |
| Taiwan (Chinese) | 36.0 | 98.7 | 228 | 140 | 57.3% |
| Thailand | 19.1 | 33.4 | 48.7 | 120 | 84.5% |
| South Korea | 8.1 | 14.2 | 12.7 | 99.9 | 131.0% |
| Japan | 1.4 | 5.5 | 4.5 | 44.3 | 216.3% |
| Others | 164 | 132 | 145 | 171 | 1.4% |
| Total | 591 | 572 | 717 | 1,758 | 43.8% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to New Zealand in 2022:
- China (399.2 tons)
- Taiwan (Chinese) (57.2 tons)
- Thailand (26.2 tons)
- South Korea (14.5 tons)
- Japan (13.4 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in New Zealand
In 2022, after three years of growth, there was significant decline in shipments abroad of tube or pipe butt welding fittings, other than stainless steels, when their volume decreased by -89.5% to 99 kg. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,050% against the previous year.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels declined notably to $2.3K in 2022. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 427%.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.3 | 7.2 | 7.8 | 2.2 | 94.3% |
| Vanuatu | N/A | N/A | N/A | 0.1 | 0% |
| Fiji | N/A | 4.5 | N/A | 0.1 | -85.1% |
| India | N/A | N/A | 26.8 | N/A | 0% |
| Singapore | N/A | N/A | 1.0 | N/A | 0% |
| Others | 2.0 | 0.3 | 0.1 | N/A | -77.6% |
| Total | 2.3 | 12.0 | 35.8 | 2.3 | 0.0% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from New Zealand in 2022:
- Australia (91.0 kg)
- Fiji (4.0 kg)
- Vanuatu (4.0 kg)
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