Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $2,707 per ton, dropping by -18.9% against the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 0.5%. The import price peaked at $7,828 per ton in 2017; however, from 2018 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 Kyrgyzstan ($19,009 per ton), while the price for Turkey ($1,221 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan (FOB) - 2022
The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $4,587 per ton in 2022, which is down by -32.5% against the previous year. Overall, the export price, however, saw a strong expansion. The growth pace was the most rapid in 2018 an increase of 53%. Over the period under review, the average export prices hit record highs at $8,300 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.
From 2017 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +25.5% per year.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan
In 2022, imports of tube or pipe butt welding fittings, other than stainless steels into Uzbekistan dropped to 2.1K tons, which is down by -13.4% on 2021. In general, imports showed a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 347% against the previous year. As a result, imports reached the peak of 2.4K tons, and then declined in the following year.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels reduced sharply to $5.6M in 2022. Overall, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 243% against the previous year.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,847 | 363 | 969 | 1,637 | -3.9% |
| Kyrgyzstan | 1,119 | 650 | 1,522 | 1,278 | 4.5% |
| Russia | 869 | 458 | 1,584 | 831 | -1.5% |
| Italy | 62.3 | 10.1 | 201 | 267 | 62.4% |
| Turkey | 4.9 | 7.9 | 139 | 262 | 276.7% |
| Iran | 62.5 | 63.0 | 219 | 240 | 56.6% |
| Netherlands | 205 | 119 | 279 | 235 | 4.7% |
| South Korea | 3,904 | 177 | 2,025 | 150 | -66.3% |
| Others | 1,117 | 460 | 975 | 661 | -16.0% |
| Total | 9,192 | 2,307 | 7,911 | 5,561 | -15.4% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Uzbekistan in 2022:
- China (932.5 tons)
- Russia (367.6 tons)
- Turkey (214.5 tons)
- Iran (176.0 tons)
- Netherlands (93.7 tons)
- Italy (76.5 tons)
- Kyrgyzstan (67.2 tons)
- South Korea (31.5 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan
For the third year in a row, Uzbekistan recorded growth in shipments abroad of tube or pipe butt welding fittings, other than stainless steels, which increased by 112% to 218 kg in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 158%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels soared to $1K in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 111%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Uzbekistan (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Kyrgyzstan | 98.0 | 700 | 1,000 | 219.4% |
| Philippines | 234 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 332 | 700 | 1,000 | 73.6% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Uzbekistan in 2022:
- Kyrgyzstan (218.0 kg)
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