Price for Tube or Pipe Flanges of Stainless Steel in Denmark - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Denmark (CIF) - 2024
- Price for Tube or Pipe Flanges of Stainless Steel in Denmark (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Denmark
- Exports of Tube or Pipe Flanges of Stainless Steel in Denmark
Price for Tube or Pipe Flanges of Stainless Steel in Denmark (CIF) - 2024
In March 2024, the average import price for tube or pipe flanges of stainless steels amounted to $7,369 per ton, reducing by -17.2% against the previous month. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in October 2023 an increase of 26% month-to-month. The import price peaked at $16,788 per ton in March 2023; however, from April 2023 to March 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In March 2024, the country with the highest price was China ($7,924 per ton), while the price for India stood at $6,139 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Denmark (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $10,494 per ton in 2022, increasing by 8.5% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tube or pipe flanges of stainless steels increased by +99.1% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of 29%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($30,270 per ton), while the average price for exports to Switzerland ($5,625 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 Spain (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Denmark
In 2022, overseas purchases of tube or pipe flanges of stainless steels decreased by -29.1% to 3.4K tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 480%. As a result, imports reached the peak of 11K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tube or pipe flanges of stainless steels expanded rapidly to $36M in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 271%. As a result, imports reached the peak of $61M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tube or Pipe Flanges of Stainless Steel in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.6 | 46.6 | 14.1 | 10.9 | 61.2% |
| China | 3.3 | 3.3 | 4.0 | 8.0 | 34.3% |
| Sweden | 2.2 | 2.0 | 3.4 | 4.1 | 23.1% |
| Netherlands | 1.6 | 1.4 | 2.1 | 3.0 | 23.3% |
| India | 1.6 | 1.0 | 1.3 | 2.8 | 20.5% |
| Italy | 1.3 | 1.2 | 1.0 | 1.1 | -5.4% |
| Estonia | 0.2 | 1.6 | 3.3 | 0.8 | 58.7% |
| Others | 3.7 | 4.0 | 4.2 | 5.4 | 13.4% |
| Total | 16.5 | 61.2 | 33.4 | 36.1 | 29.8% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Denmark in 2022:
- Germany (1153.4 tons)
- China (863.4 tons)
- India (395.7 tons)
- Netherlands (336.6 tons)
- Sweden (222.1 tons)
- Estonia (120.3 tons)
- Italy (92.8 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Denmark
In 2022, approx. 1.2K tons of tube or pipe flanges of stainless steels were exported from Denmark; growing by 15% against 2021. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of tube or pipe flanges of stainless steels surged to $12M in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 60% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Tube or Pipe Flanges of Stainless Steel in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,457 | 1,686 | 2,958 | 3,186 | 29.8% |
| Finland | 537 | 694 | 1,296 | 2,107 | 57.7% |
| Germany | 1,429 | 1,385 | 1,836 | 1,793 | 7.9% |
| Estonia | 105 | 116 | 204 | 1,325 | 132.8% |
| Norway | 554 | 605 | 948 | 901 | 17.6% |
| Poland | 139 | 76.4 | 269 | 415 | 44.0% |
| Austria | 30.2 | 25.6 | 159 | 305 | 116.2% |
| Switzerland | 52.7 | 105 | 54.6 | 273 | 73.0% |
| Iceland | 168 | 61.9 | 130 | 169 | 0.2% |
| Lithuania | 134 | 98.5 | 112 | 119 | -3.9% |
| Others | 1,283 | 1,250 | 1,803 | 1,593 | 7.5% |
| Total | 5,889 | 6,102 | 9,770 | 12,186 | 27.4% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Denmark in 2022:
- Sweden (291.8 tons)
- Estonia (202.2 tons)
- Finland (174.9 tons)
- Germany (166.9 tons)
- Norway (63.8 tons)
- Switzerland (48.6 tons)
- Poland (45.6 tons)
- Austria (36.2 tons)
- Iceland (26.0 tons)
- Lithuania (15.1 tons)
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