Price for Tube or Pipe Flanges of Stainless Steel in Canada - 2024

Contents:

  1. Price for Tube or Pipe Flanges of Stainless Steel in Canada (CIF) - 2022
  2. Price for Tube or Pipe Flanges of Stainless Steel in Canada (FOB) - 2022
  3. Imports of Tube or Pipe Flanges of Stainless Steel in Canada
  4. Exports of Tube or Pipe Flanges of Stainless Steel in Canada

Price for Tube or Pipe Flanges of Stainless Steel in Canada (CIF) - 2022

The average import price for tube or pipe flanges of stainless steels stood at $8,902 per ton in 2022, increasing by 25% against the previous year. In general, the import price continues to indicate modest growth. The pace of growth was the most pronounced in 2015 an increase of 84%. As a result, import price attained the peak level of $14,455 per ton. From 2016 to 2022, the average 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 the United States ($17,337 per ton), while the price for China ($5,813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Flanges of Stainless Steel in Canada (FOB) - 2022

The average export price for tube or pipe flanges of stainless steels stood at $14,268 per ton in 2022, remaining constant against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 21% against the previous year. As a result, the export price reached the peak level of $16,277 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($14,269 per ton) and the United States ($14,269 per ton), while the average price for exports to Brazil ($14,268 per ton) and Cuba ($14,268 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube or Pipe Flanges of Stainless Steel in Canada

Imports of tube or pipe flanges of stainless steels into Canada soared to 5.6K tons in 2022, rising by 30% on 2021 figures. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tube or pipe flanges of stainless steels soared to $50M in 2022. Over the period under review, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tube or Pipe Flanges of Stainless Steel in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.99.110.018.215.2%
India13.56.910.816.97.8%
China4.03.84.57.623.9%
Italy2.10.72.82.21.6%
Taiwan (Chinese)0.20.20.41.6100.0%
South Korea0.60.20.40.914.5%
Others3.42.31.62.3-12.2%
Total35.923.130.549.711.5%

Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Canada in 2022:

  1. India (2528.7 tons)
  2. China (1308.7 tons)
  3. United States (1051.1 tons)
  4. Italy (253.6 tons)
  5. Taiwan (Chinese) (204.6 tons)
  6. South Korea (147.9 tons)

Exports of Tube or Pipe Flanges of Stainless Steel in Canada

After two years of decline, shipments abroad of tube or pipe flanges of stainless steels increased by 76% to 431 tons in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe flanges of stainless steels skyrocketed to $6.1M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tube or Pipe Flanges of Stainless Steel in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,1632,8362,6994,37311.4%
Netherlands2.87.0183957599.2%
Mexico14284.913621314.5%
Cuba60.873.669.811624.0%
Brazil8.73.82.5101126.4%
Australia11256.710243.9-26.8%
Others444670339345-8.1%
Total3,9343,7323,5316,14916.1%

Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Canada in 2022:

  1. United States (306.5 tons)
  2. Netherlands (67.1 tons)
  3. Mexico (14.9 tons)
  4. Cuba (8.1 tons)
  5. Brazil (7.1 tons)
  6. Australia (3.1 tons)

Source: IndexBox Market Intelligence Platform

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