Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia (CIF) - 2024
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia (CIF) - 2024
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $1,455 per ton in March 2024, growing by 18% against the previous month. In general, the import price, however, faced a deep slump. The pace of growth was the most pronounced in August 2023 an increase of 355% m-o-m. The import price peaked at $16,311 per ton in April 2023; however, from May 2023 to March 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to March 2024, the rate of growth in terms of prices for Germany amounted to +7.2% per month.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $4,718 per ton in 2022, with an increase of 13% against the previous year. Overall, the export price, however, saw a abrupt decrease. The growth pace was the most rapid in 2017 an increase of 32% against the previous year. The export price peaked at $16,053 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($23,746 per ton), while the average price for exports to Germany ($1,658 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 Serbia (+5.0%), 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 Slovenia
In 2022, imports of tube or pipe butt welding fittings, other than stainless steels into Slovenia expanded slightly to 360 tons, increasing by 1.9% against 2021. Overall, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 80%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $2M in 2022. In general, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 69%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 251 | 385 | 337 | 520 | 27.5% |
| India | 34.7 | N/A | 69.4 | 356 | 117.3% |
| Germany | 408 | 249 | 453 | 329 | -6.9% |
| Belgium | N/A | 13.5 | 39.2 | 223 | 306.4% |
| South Korea | N/A | N/A | 0.1 | 194 | 193900.0% |
| China | 10.0 | 76.7 | 480 | 80.4 | 100.3% |
| Austria | 120 | 100 | 81.3 | 76.5 | -13.9% |
| Poland | 79.7 | 104 | 145 | 70.0 | -4.2% |
| Romania | 14.1 | N/A | 78.0 | 57.2 | 59.5% |
| Denmark | N/A | 2.1 | 1.6 | 37.6 | 323.1% |
| France | 288 | 21.1 | 19.5 | 31.8 | -52.0% |
| Others | 61.0 | 99.3 | 69.0 | 65.1 | 2.2% |
| Total | 1,267 | 1,052 | 1,773 | 2,040 | 17.2% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Slovenia in 2022:
- India (101.1 tons)
- Italy (76.4 tons)
- Germany (47.7 tons)
- China (41.4 tons)
- Poland (14.5 tons)
- Austria (13.6 tons)
- Romania (12.5 tons)
- France (11.5 tons)
- South Korea (11.4 tons)
- Denmark (8.6 tons)
- Belgium (7.4 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia
In 2022, the amount of tube or pipe butt welding fittings, other than stainless steels exported from Slovenia reduced remarkably to 426 tons, waning by -15.9% compared with 2021. In general, exports, however, posted a strong increase. The growth pace was the most rapid in 2021 when exports increased by 134% against the previous year. As a result, the exports attained the peak of 506 tons, and then fell rapidly in the following year.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels shrank modestly to $2M in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 157% against the previous year. As a result, the exports attained the peak of $2.1M, and then contracted in the following year.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 283 | 67.0 | 249 | 789 | 40.7% |
| Italy | 129 | 118 | 397 | 345 | 38.8% |
| Hungary | 21.9 | 20.2 | 26.1 | 198 | 108.3% |
| Germany | 1.5 | 12.1 | 203 | 180 | 393.2% |
| Austria | 172 | 274 | 471 | 94.7 | -18.0% |
| Croatia | 151 | 113 | 95.6 | 86.2 | -17.0% |
| Bosnia and Herzegovina | 112 | 60.5 | 36.3 | 73.3 | -13.2% |
| Greece | N/A | N/A | 355 | N/A | 0% |
| Others | 145 | 155 | 275 | 243 | 18.8% |
| Total | 1,015 | 821 | 2,108 | 2,009 | 25.6% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Slovenia in 2022:
- Italy (193.6 tons)
- Germany (108.7 tons)
- Serbia (33.2 tons)
- Hungary (33.1 tons)
- Croatia (16.8 tons)
- Bosnia and Herzegovina (14.6 tons)
- Austria (10.4 tons)
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