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

Contents:

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

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

In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $6,678 per ton, increasing by 28% against the previous year. In general, the import price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 43%. The import price peaked at $7,493 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,651 per ton), while the price for Lithuania ($3,810 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+6.8%), 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 Sweden (FOB) - 2022

In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $11,215 per ton, with an increase of 36% against the previous year. In general, the export price enjoyed moderate growth. The growth pace was the most rapid in 2016 when the average export price increased by 69% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($44,512 per ton), while the average price for exports to the UK ($4,935 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 Italy (+32.7%), 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 Sweden

For the third consecutive year, Sweden recorded decline in purchases abroad of tube or pipe butt welding fittings, other than stainless steels, which decreased by -22.9% to 799 tons in 2022. Overall, imports showed a dramatic slump. The smallest decline of -8% was in 2021.

In value terms, imports of tube or pipe butt welding fittings, other than stainless steels contracted to $5.3M in 2022. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 7.9% against the previous year.

Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,4141,2971,4841,5483.1%
Austria40776185089930.2%
Netherlands53958154376312.3%
Italy27332966859829.9%
France42.17.997.5568138.1%
Denmark1,4471,0151,001539-28.0%
LithuaniaN/AN/A49.8117134.9%
Poland9114741111.2-89.0%
Latvia61913565.50.7-89.6%
Others963397524299-32.3%
Total6,6174,9985,3945,334-6.9%

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

  1. Austria (169.3 tons)
  2. Germany (132.8 tons)
  3. France (129.0 tons)
  4. Italy (117.2 tons)
  5. Netherlands (93.4 tons)
  6. Denmark (82.7 tons)
  7. Lithuania (30.8 tons)
  8. Poland (0.2 tons)
  9. Latvia (0.1 tons)

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

For the third year in a row, Sweden recorded decline in shipments abroad of tube or pipe butt welding fittings, other than stainless steels, which decreased by less than 0.1% to 252 tons in 2022. In general, exports faced a sharp setback.

In value terms, exports of tube or pipe butt welding fittings, other than stainless steels surged to $2.8M in 2022. Overall, exports showed a abrupt descent.

Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4252722861,04034.8%
Norway1,2411,179906851-11.8%
Finland42256648057010.5%
Denmark290265131123-24.9%
United Kingdom24685.6146109-23.8%
Italy19942.68.311.3-61.6%
Malaysia377N/A1.2N/A-94.4%
Others156173122123-7.6%
Total3,3562,5842,0812,828-5.5%

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

  1. Norway (140.9 tons)
  2. Finland (42.0 tons)
  3. United States (23.4 tons)
  4. United Kingdom (22.0 tons)
  5. Denmark (15.5 tons)
  6. Italy (0.5 tons)

Source: IndexBox Market Intelligence Platform

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