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

Contents:

  1. Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Netherlands (CIF) - 2024
  2. Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Netherlands (FOB) - 2022
  3. Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Netherlands
  4. Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Netherlands

Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Netherlands (CIF) - 2024

In March 2024, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,187 per ton, reducing by -58.9% against the previous month. Overall, the import price saw a deep reduction. The pace of growth appeared the most rapid in February 2024 an increase of 28% against the previous month. As a result, import price reached the peak level of $7,755 per ton, and then shrank notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the United States ($20,777 per ton), while the price for China ($2,049 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 Poland (+5.3%), 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 the Netherlands (FOB) - 2022

The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $6,857 per ton in 2022, with an increase of 5.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 16%. Over the period under review, the average export prices hit record highs at $7,400 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($12,190 per ton), while the average price for exports to Poland ($4,192 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 the Czech Republic (+8.8%), 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 the Netherlands

In 2022, approx. 6.8K tons of tube or pipe butt welding fittings, other than stainless steels were imported into the Netherlands; increasing by 15% compared with the previous year's figure. In general, imports, however, recorded a pronounced slump.

In value terms, imports of tube or pipe butt welding fittings, other than stainless steels skyrocketed to $37M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria5.04.33.49.423.4%
Italy8.35.76.76.7-6.9%
France3.62.73.35.817.2%
Germany4.04.16.04.64.8%
Belgium0.90.70.82.336.7%
Poland1.62.12.72.19.5%
China0.20.50.51.386.6%
Romania1.50.31.30.7-22.4%
Others4.22.92.53.9-2.4%
Total29.323.127.236.87.9%

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

  1. Austria (1671.7 tons)
  2. France (1386.2 tons)
  3. Italy (1149.1 tons)
  4. Germany (727.3 tons)
  5. Poland (437.3 tons)
  6. Belgium (428.8 tons)
  7. China (357.0 tons)
  8. Romania (109.2 tons)

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

In 2022, the amount of tube or pipe butt welding fittings, other than stainless steels exported from the Netherlands expanded notably to 3.7K tons, increasing by 9.2% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 24%. As a result, the exports reached the peak of 3.8K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tube or pipe butt welding fittings, other than stainless steels rose notably to $25M in 2022. The total export value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.82.31.74.434.7%
Belgium1.03.74.53.856.0%
Czech Republic1.71.72.31.70.0%
United States1.10.82.31.613.3%
France1.00.80.91.39.1%
United Kingdom0.60.41.01.122.4%
Spain0.20.40.41.176.5%
Sweden0.50.40.40.921.6%
Turkey0.60.50.30.810.1%
Italy0.80.50.20.5-14.5%
MexicoN/AN/A0.10.5400.0%
Poland0.20.40.50.426.0%
China0.50.90.10.4-7.2%
Others9.610.57.46.8-10.9%
Total19.623.422.025.38.9%

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

  1. Germany (852.6 tons)
  2. Belgium (557.2 tons)
  3. France (274.5 tons)
  4. Czech Republic (188.1 tons)
  5. United Kingdom (172.7 tons)
  6. Spain (141.3 tons)
  7. United States (128.9 tons)
  8. Sweden (125.3 tons)
  9. Turkey (117.5 tons)
  10. Poland (100.7 tons)
  11. China (68.6 tons)
  12. Italy (63.4 tons)
  13. Mexico (60.3 tons)

Source: IndexBox Market Intelligence Platform

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