Price for Tube or Pipe Flanges of Stainless Steel in Angola - 2022
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Angola (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Angola (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Angola
- Exports of Tube or Pipe Flanges of Stainless Steel in Angola
Price for Tube or Pipe Flanges of Stainless Steel in Angola (CIF) - 2022
The average import price for tube or pipe flanges of stainless steels stood at $6,691 per ton in 2022, with a decrease of -31.2% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 54%. The import price peaked at $16,670 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($19,275 per ton), while the price for China ($1,367 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Flanges of Stainless Steel in Angola (FOB) - 2022
In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $27,000 per ton, waning by -8% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 170%. Over the period under review, the average export prices attained the peak figure at $29,358 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($226,000 per ton), while the average price for exports to the UK ($6,250 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 Netherlands (+51.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Angola
For the fourth consecutive year, Angola recorded growth in overseas purchases of tube or pipe flanges of stainless steels, which increased by 40% to 396 tons in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of tube or pipe flanges of stainless steels fell slightly to $2.7M in 2022. Over the period under review, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 119% against the previous year. As a result, imports reached the peak of $2.7M, and then fell slightly in the following year.
| Import of Tube or Pipe Flanges of Stainless Steel in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.7 | 102 | 930 | 1,063 | 416.8% |
| United Kingdom | 187 | 248 | 418 | 626 | 49.6% |
| Portugal | 177 | 125 | 176 | 367 | 27.5% |
| China | 164 | 112 | 88.3 | 162 | -0.4% |
| France | 279 | 112 | 467 | 107 | -27.3% |
| South Africa | 71.5 | 33.3 | 150 | 62.2 | -4.5% |
| Belgium | 25.0 | 52.7 | 1.8 | 41.6 | 18.5% |
| Spain | 9.8 | 118 | 250 | 21.9 | 30.7% |
| Others | 631 | 353 | 269 | 200 | -31.8% |
| Total | 1,551 | 1,256 | 2,750 | 2,652 | 19.6% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Angola in 2022:
- China (118.5 tons)
- United Kingdom (77.6 tons)
- Portugal (69.0 tons)
- Italy (67.8 tons)
- Spain (14.4 tons)
- South Africa (12.0 tons)
- Belgium (8.3 tons)
- France (5.5 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Angola
For the third year in a row, Angola recorded decline in overseas shipments of tube or pipe flanges of stainless steels, which decreased by -79.1% to 28 kg in 2022. Over the period under review, exports continue to indicate a significant decrease. The smallest decline of -67.2% was in 2021.
In value terms, exports of tube or pipe flanges of stainless steels declined remarkably to $756 in 2022. Overall, exports showed a dramatic curtailment. The smallest decline of -44.7% was in 2021.
| Export of Tube or Pipe Flanges of Stainless Steel in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 15.6 | 0.9 | 0.2 | 0.2 | -76.6% |
| Norway | 100 | 3.2 | 0.4 | 0.2 | -87.4% |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| Namibia | 4.7 | 1.0 | 0.2 | 0.1 | -72.3% |
| Belgium | 6.2 | 0.7 | 0.1 | 0.1 | -74.7% |
| United Kingdom | 3.2 | 0.1 | N/A | N/A | -96.9% |
| France | 6.6 | 0.1 | N/A | N/A | -98.5% |
| Portugal | N/A | 0.1 | N/A | N/A | 0% |
| Ghana | 56.3 | 0.9 | N/A | N/A | -98.4% |
| Others | N/A | N/A | 3.0 | N/A | 0% |
| Total | 193 | 7.1 | 3.9 | 0.8 | -83.9% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Angola in 2022:
- Namibia (12.0 kg)
- Belgium (7.0 kg)
- United Kingdom (4.0 kg)
- Netherlands (1.0 kg)
- Portugal (1.0 kg)
- South Africa (1.0 kg)
- France (1.0 kg)
- Norway (1.0 kg)
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