Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay - 2023
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $2,428 per ton, declining by -17.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The growth pace was the most rapid in 2021 an increase of 75% against the previous year. The import price peaked at $3,300 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($9,090 per ton), while the price for China amounted to $2,065 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.4%).
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $135,264 per ton in 2022, picking up by 20% against the previous year. Overall, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 3,985%. As a result, the export price reached the peak level of $278,207 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +20.1% per year.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay
In 2022, the amount of tube or pipe butt welding fittings, other than stainless steels imported into Uruguay amounted to 64 tons, increasing by 9.2% against the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.9% 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 +72.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, imports of reached the maximum 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 declined to $156K in 2022. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 128% against the previous year. As a result, imports attained the peak of $174K, and then declined in the following year.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 57.9 | 62.4 | 100 | 127 | 29.9% |
| Argentina | 9.2 | 0.6 | 48.2 | 20.4 | 30.4% |
| Others | 51.6 | 13.2 | 25.0 | 8.3 | -45.6% |
| Total | 119 | 76.2 | 174 | 156 | 9.4% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Uruguay in 2022:
- China (61.6 tons)
- Argentina (2.2 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uruguay
Exports of tube or pipe butt welding fittings, other than stainless steels from Uruguay soared to 329 kg in 2022, with an increase of 545% on 2021 figures. Overall, exports continue to indicate a noticeable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels soared to $45K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached 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 Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | 5.7 | 44.5 | 680.7% |
| India | 8.7 | N/A | N/A | N/A | 0% |
| Guatemala | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 8.7 | 1.0 | 5.7 | 44.5 | 72.3% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Uruguay in 2022:
- Colombia (329.0 kg)
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