Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Qatar - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Qatar (CIF) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Qatar
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Qatar (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $5,579 per ton, surging by 21% against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 35%. Over the period under review, average import prices attained the maximum at $7,412 per ton in 2012; however, from 2013 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 Japan ($40,490 per ton), while the price for China ($1,592 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Qatar
In 2022, approx. 5.6K tons of tube or pipe butt welding fittings, other than stainless steels were imported into Qatar; jumping by 30% compared with the previous year. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 189% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels surged to $31M in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 127%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.6 | 0.8 | 3.9 | 13.2 | 180.2% |
| United States | 0.3 | 0.2 | 0.9 | 7.6 | 193.7% |
| Italy | 2.2 | 2.8 | 5.0 | 4.4 | 26.0% |
| China | 0.8 | 0.5 | 1.0 | 1.7 | 28.6% |
| Thailand | 1.3 | 0.7 | 1.7 | 0.9 | -11.5% |
| India | 0.4 | 0.4 | 0.9 | 0.6 | 14.5% |
| Others | 1.8 | 3.3 | 6.4 | 2.8 | 15.9% |
| Total | 7.5 | 8.7 | 19.9 | 31.2 | 60.8% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Qatar in 2022:
- South Korea (2984.2 tons)
- China (1078.8 tons)
- United States (387.2 tons)
- Thailand (359.0 tons)
- Italy (311.4 tons)
- India (268.1 tons)
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