Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Portugal - 2024

Contents:

  1. Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Portugal (CIF) - 2022
  2. Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Portugal (FOB) - 2022
  3. Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Portugal
  4. Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Portugal

Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Portugal (CIF) - 2022

In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $4,036 per ton, picking up by 19% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $4,978 per ton in 2014; however, from 2015 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 Germany ($24,721 per ton), while the price for China ($2,082 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+20.1%), 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 Portugal (FOB) - 2022

The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $7,738 per ton in 2022, which is down by -17.9% against the previous year. In general, the export price, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2020 an increase of 230%. As a result, the export price reached the peak level of $16,640 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($16,282 per ton), while the average price for exports to Senegal ($2,842 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 Denmark (+114.2%), 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 Portugal

In 2022, after three years of growth, there was significant decline in purchases abroad of tube or pipe butt welding fittings, other than stainless steels, when their volume decreased by -37.1% to 373 tons. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports attained the peak of 593 tons, and then contracted markedly in the following year.

In value terms, imports of tube or pipe butt welding fittings, other than stainless steels contracted markedly to $1.5M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, imports attained the peak of $2M, and then shrank significantly in the following year.

Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain6517439071,03216.6%
Cambodia198323187159-7.1%
Italy20316221673.2-28.8%
Turkey74.4N/A46.448.9-13.1%
China4.4N/A13039.0107.0%
Poland25.034.851.218.9-8.9%
Austria10332.594.09.8-54.3%
Others286271388125-24.1%
Total1,5441,5672,0211,505-0.8%

Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Portugal in 2022:

  1. Spain (247.9 tons)
  2. Cambodia (57.9 tons)
  3. China (18.7 tons)
  4. Turkey (17.5 tons)
  5. Italy (16.2 tons)
  6. Poland (5.1 tons)
  7. Austria (1.1 tons)

Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Portugal

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 169% to 8 tons. In general, exports, however, faced a precipitous decline.

In value terms, exports of tube or pipe butt welding fittings, other than stainless steels soared to $62K in 2022. Overall, exports, however, faced a dramatic shrinkage.

Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola5.228.315.142.5101.4%
Cabo Verde6.2N/A7.67.67.0%
Guinea-BissauN/AN/AN/A4.40%
SenegalN/AN/AN/A4.20%
AlgeriaN/AN/AN/A2.80%
Spain1764.7N/AN/A-97.3%
Sri LankaN/A130N/AN/A0%
Denmark15613.14.3N/A-83.4%
Others8.434.01.10.6-58.5%
Total35221028.162.0-43.9%

Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Portugal in 2022:

  1. Angola (3.3 tons)
  2. Cabo Verde (2.0 tons)
  3. Senegal (1.5 tons)
  4. Guinea-Bissau (1.0 tons)
  5. Algeria (0.2 tons)

Source: IndexBox Market Intelligence Platform

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