Price for Tube or Pipe Flanges of Stainless Steel in Austria - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Austria (CIF) - 2024
- Price for Tube or Pipe Flanges of Stainless Steel in Austria (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Austria
- Exports of Tube or Pipe Flanges of Stainless Steel in Austria
Price for Tube or Pipe Flanges of Stainless Steel in Austria (CIF) - 2024
In March 2024, the average import price for tube or pipe flanges of stainless steels amounted to $10,622 per ton, remaining relatively unchanged against the previous month. In general, the import price, however, saw a pronounced downturn. The growth pace was the most rapid in September 2023 an increase of 61% against the previous month. The import price peaked at $19,550 per ton in January 2024; however, from February 2024 to March 2024, import prices stood at a somewhat 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 China ($15,734 per ton), while the price for India amounted to $6,972 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Austria (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $22,697 per ton in 2022, which is down by -4.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 30%. The export price peaked at $28,888 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($51,346 per ton), while the average price for exports to Bosnia and Herzegovina ($6,470 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 Switzerland (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Austria
In 2022, the amount of tube or pipe flanges of stainless steels imported into Austria expanded markedly to 2K tons, increasing by 11% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of tube or pipe flanges of stainless steels surged to $26M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Tube or Pipe Flanges of Stainless Steel in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.3 | 7.5 | 11.5 | 12.2 | 18.7% |
| China | 3.3 | 2.2 | 2.3 | 3.1 | -2.1% |
| India | 0.8 | 0.5 | 0.6 | 1.7 | 28.6% |
| Slovenia | 1.8 | 1.6 | 2.6 | 1.7 | -1.9% |
| Spain | 0.9 | 1.1 | 1.6 | 1.5 | 18.6% |
| Czech Republic | 2.3 | 1.4 | 1.2 | 1.4 | -15.3% |
| Italy | 0.9 | 0.5 | 0.3 | 1.1 | 6.9% |
| Netherlands | 0.2 | 0.3 | 0.1 | 0.7 | 51.8% |
| Others | 2.4 | 1.2 | 1.6 | 2.2 | -2.9% |
| Total | 19.8 | 16.3 | 21.9 | 25.5 | 8.8% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Austria in 2022:
- Germany (748.9 tons)
- China (319.9 tons)
- India (237.7 tons)
- Czech Republic (148.5 tons)
- Slovenia (138.9 tons)
- Netherlands (91.9 tons)
- Spain (81.9 tons)
- Italy (76.2 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Austria
For the third consecutive year, Austria recorded decline in overseas shipments of tube or pipe flanges of stainless steels, which decreased by -32.5% to 230 tons in 2022. Overall, exports faced a deep slump. The smallest decline of -6.1% was in 2021.
In value terms, exports of tube or pipe flanges of stainless steels contracted dramatically to $5.2M in 2022. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of $8.1M, and then fell dramatically in the following year.
| Export of Tube or Pipe Flanges of Stainless Steel in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,374 | 3,152 | 3,965 | 2,241 | -12.7% |
| United States | 309 | 319 | 426 | 312 | 0.3% |
| Switzerland | 307 | 139 | 206 | 264 | -4.9% |
| Mexico | 165 | 114 | 246 | 246 | 14.2% |
| Italy | 34.6 | 135 | 195 | 186 | 75.2% |
| Hungary | 176 | 159 | 210 | 182 | 1.1% |
| Russia | 418 | 489 | 291 | 174 | -25.3% |
| Czech Republic | 30.5 | 31.4 | 66.3 | 129 | 61.7% |
| Slovenia | 65.8 | 48.9 | 60.8 | 105 | 16.9% |
| Slovakia | 13.4 | 136 | 68.4 | 90.7 | 89.2% |
| Ireland | 4.5 | N/A | 5.7 | 76.7 | 157.4% |
| Bosnia and Herzegovina | 19.6 | 56.3 | 90.1 | 74.4 | 56.0% |
| China | 300 | 329 | 166 | 30.1 | -53.5% |
| Others | 1,430 | 1,532 | 2,121 | 1,100 | -8.4% |
| Total | 6,647 | 6,641 | 8,118 | 5,213 | -7.8% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Austria in 2022:
- Germany (99.7 tons)
- Switzerland (16.2 tons)
- Czech Republic (13.1 tons)
- Hungary (12.3 tons)
- Bosnia and Herzegovina (11.5 tons)
- Slovenia (11.2 tons)
- United States (8.6 tons)
- Slovakia (7.1 tons)
- Russia (6.9 tons)
- Ireland (5.3 tons)
- Italy (4.8 tons)
- Mexico (4.8 tons)
- China (0.6 tons)
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