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

Contents:

  1. Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Czech Republic (FOB) - 2024
  2. Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Czech Republic (CIF) - 2024
  3. Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Czech Republic
  4. Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Czech Republic

Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Czech Republic (FOB) - 2024

In March 2024, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $4,710 per ton, with an increase of 71% against the previous month. Over the period under review, export price indicated a perceptible increase from March 2023 to March 2024: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, export price for tube or pipe butt welding fittings, other than stainless steels increased by +70.6% against February 2024 indices. The export price peaked at $5,242 per ton in December 2023; however, from January 2024 to March 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Slovakia ($10,939 per ton), while the average price for exports to France ($2,630 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.8%), 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 the Czech Republic (CIF) - 2024

In March 2024, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $6,534 per ton, surging by 71% against the previous month. In general, the import price, however, recorded a pronounced decrease. The growth pace was the most rapid in October 2023 an increase of 93% month-to-month. Over the period under review, average import prices reached the peak figure at $10,605 per ton in April 2023; however, from May 2023 to March 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Germany ($11,211 per ton), while the price for Slovakia ($2,984 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Romania (+5.0%), 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 the Czech Republic

In 2022, exports of tube or pipe butt welding fittings, other than stainless steels from the Czech Republic soared to 3.2K tons, jumping by 52% against 2021. Over the period under review, total exports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.8% against 2020 indices.

In value terms, exports of tube or pipe butt welding fittings, other than stainless steels surged to $12M in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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 the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria3,4333,5164,0834,5199.6%
Germany1,3091,9538922,04416.0%
Netherlands2871844331,61577.9%
Denmark1,5721,8511,2871,278-6.7%
Serbia11519919949262.3%
Romania338700282314-2.4%
Italy99.583.025526839.1%
Hungary39.511728.122478.3%
Slovakia1,433798275197-48.4%
Poland1,0881,485135103-54.4%
Others1,0795811,536880-6.6%
Total10,79411,4689,40611,9353.4%

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

  1. Austria (1230.1 tons)
  2. Germany (581.5 tons)
  3. Netherlands (377.4 tons)
  4. Denmark (274.7 tons)
  5. Serbia (235.5 tons)
  6. Romania (103.0 tons)
  7. Italy (90.1 tons)
  8. Hungary (81.0 tons)
  9. Poland (28.9 tons)
  10. Slovakia (27.3 tons)

Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Czech Republic

In 2022, approx. 1.5K tons of tube or pipe butt welding fittings, other than stainless steels were imported into the Czech Republic; approximately equating the previous year. In general, imports, however, faced a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 2.3%.

In value terms, imports of tube or pipe butt welding fittings, other than stainless steels shrank significantly to $7.2M in 2022. Over the period under review, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year.

Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.63.54.43.2-11.4%
Italy2.50.41.81.0-26.3%
Poland1.00.70.60.9-3.5%
China0.50.40.50.66.3%
Slovakia0.90.40.40.4-23.7%
Romania0.80.90.50.3-27.9%
Austria0.60.70.30.2-30.7%
Others3.00.60.30.6-41.5%
Total13.97.78.87.2-19.7%

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

  1. China (571.6 tons)
  2. Germany (323.0 tons)
  3. Poland (199.1 tons)
  4. Italy (159.8 tons)
  5. Slovakia (88.7 tons)
  6. Romania (56.8 tons)
  7. Austria (36.5 tons)

Source: IndexBox Market Intelligence Platform

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