Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $1,980 per ton, surging by 6.7% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2020 an increase of 52% against the previous year. The import price peaked at $4,854 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 Germany ($13,233 per ton), while the price for China ($1,601 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.0%), 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 Sudan (FOB) - 2022
In 2021, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $5,571 per ton, approximately mirroring the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2014 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan
In 2022, approx. 215 tons of tube or pipe butt welding fittings, other than stainless steels were imported into Sudan; waning by -25.7% on the previous year. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of 506% against the previous year. As a result, imports attained the peak of 290 tons, and then dropped rapidly in the following year.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels reduced remarkably to $426K in 2022. Over the period under review, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 217% against the previous year. As a result, imports reached the peak of $538K, and then contracted rapidly in the following year.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 202 | 51.1 | 430 | 331 | 17.9% |
| United Arab Emirates | 50.5 | 29.7 | 18.3 | 22.4 | -23.7% |
| Others | 59.0 | 88.9 | 89.6 | 73.2 | 7.5% |
| Total | 311 | 170 | 538 | 426 | 11.1% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Sudan in 2022:
- China (206.5 tons)
- United Arab Emirates (5.1 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan
In 2021, approx. 7 kg of tube or pipe butt welding fittings, other than stainless steels were exported from Sudan; remaining constant against 2020. Overall, exports recorded a dramatic downturn. The smallest decline of 99.9% was in 2020.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels totaled $39 in 2021. In general, exports saw a significant decrease. The smallest decline of 99.9% was in 2020.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sudan (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United Arab Emirates | N/A | N/A | 39.0 | 0% |
| Nicaragua | 77.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 77.0 | N/A | 39.0 | -28.8% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Sudan in 2022:
- United Arab Emirates (7.0 kg)
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