Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia (FOB) - 2024
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia (CIF) - 2024
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia (FOB) - 2024
In April 2024, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $4,481 per ton, dropping by -15.2% against the previous month. In general, the export price showed a mild setback. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 32% against the previous month. Over the period under review, the average export prices reached the peak figure at $7,105 per ton in January 2024; however, from February 2024 to April 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($8,263 per ton), while the average price for exports to Croatia ($3,635 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia (CIF) - 2024
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $3,965 per ton in April 2024, dropping by -69.9% against the previous month. In general, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in March 2024 an increase of 235% m-o-m. Over the period under review, average import prices hit record highs at $14,659 per ton in January 2024; however, from February 2024 to April 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Hungary ($17,000 per ton), while the price for the Czech Republic ($2,899 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Hungary (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia
In 2022, approx. 804 tons of tube or pipe butt welding fittings, other than stainless steels were exported from Serbia; jumping by 96% on 2021. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $4.1M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 197 | 878 | 1,032 | 1,468 | 95.3% |
| Austria | N/A | N/A | 332 | 1,333 | 301.5% |
| Croatia | 29.0 | 93.6 | 302 | 504 | 159.0% |
| Bosnia and Herzegovina | 196 | 91.5 | 107 | 229 | 5.3% |
| North Macedonia | 91.8 | 116 | 74.1 | 163 | 21.1% |
| Denmark | 83.9 | 10.1 | 160 | 158 | 23.5% |
| Montenegro | 36.7 | 44.8 | 60.2 | 49.7 | 10.6% |
| Hungary | 53.2 | 54.5 | 6.6 | 6.7 | -49.9% |
| Others | 319 | 77.0 | 54.3 | 178 | -17.7% |
| Total | 1,006 | 1,365 | 2,128 | 4,090 | 59.6% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Serbia in 2022:
- Germany (285.3 tons)
- Austria (257.5 tons)
- Croatia (140.9 tons)
- Bosnia and Herzegovina (39.7 tons)
- North Macedonia (34.5 tons)
- Denmark (18.9 tons)
- Montenegro (11.5 tons)
- Hungary (1.1 tons)
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia
After two years of decline, overseas purchases of tube or pipe butt welding fittings, other than stainless steels increased by 38% to 837 tons in 2022. Overall, imports, however, saw a precipitous slump.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels amounted to $3.1M in 2022. In general, imports, however, faced a dramatic slump.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 281 | 234 | 359 | 980 | 51.6% |
| Czech Republic | 130 | 210 | 206 | 624 | 68.7% |
| China | 624 | 760 | 304 | 564 | -3.3% |
| Austria | 81.7 | 95.8 | 309 | 287 | 52.0% |
| Romania | 43.4 | 62.2 | 37.3 | 125 | 42.3% |
| Hungary | 235 | 75.2 | 117 | 104 | -23.8% |
| Italy | 900 | 297 | 234 | 102 | -51.6% |
| Poland | 190 | 31.5 | 119 | 100 | -19.3% |
| Turkey | 14.8 | 8.6 | 25.6 | 94.2 | 85.3% |
| Slovakia | 40.8 | 7.8 | 1,048 | 36.3 | -3.8% |
| Russia | 8,960 | 2,018 | 2.4 | N/A | -98.4% |
| Others | 62.1 | 449 | 187 | 126 | 26.6% |
| Total | 11,563 | 4,249 | 2,949 | 3,141 | -35.2% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Serbia in 2022:
- Czech Republic (263.9 tons)
- China (214.5 tons)
- Germany (140.9 tons)
- Austria (79.6 tons)
- Hungary (32.8 tons)
- Turkey (24.3 tons)
- Poland (21.4 tons)
- Romania (18.0 tons)
- Italy (17.6 tons)
- Slovakia (6.4 tons)
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