Price for Tube or Pipe Flanges of Stainless Steel in Ecuador - 2022

Contents:

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

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

In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $4,458 per ton, surging by 19% against the previous year. In general, the import price, however, showed a pronounced setback. The import price peaked at $6,254 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($34,652 per ton), while the price for China ($3,495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $12,928 per ton, surging by 2.6% against the previous year. Overall, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 64% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($2,949 per ton), while the average price for exports to Peru stood at $2,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+58.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tube or Pipe Flanges of Stainless Steel in Ecuador

In 2022, imports of tube or pipe flanges of stainless steels into Ecuador contracted to 307 tons, declining by -5.1% compared with 2021 figures. In general, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 32%.

In value terms, imports of tube or pipe flanges of stainless steels rose notably to $1.4M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Tube or Pipe Flanges of Stainless Steel in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8984975649351.4%
United States136209252113-6.0%
India32.223.716211151.1%
Italy43.947.985.879.521.9%
Spain27.46.670.842.015.3%
Others20160.874.088.3-24.0%
Total1,3398451,2091,3690.7%

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

  1. China (267.5 tons)
  2. India (20.5 tons)
  3. Italy (7.2 tons)
  4. Spain (5.5 tons)
  5. United States (3.3 tons)

Exports of Tube or Pipe Flanges of Stainless Steel in Ecuador

In 2022, exports of tube or pipe flanges of stainless steels from Ecuador surged to 291 kg, picking up by 334% compared with 2021 figures. Over the period under review, exports posted a prominent expansion.

In value terms, exports of tube or pipe flanges of stainless steels soared to $3.8K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tube or Pipe Flanges of Stainless Steel in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/AN/AN/A6400%
Peru8003,2433432.0-86.4%
Canada213N/AN/AN/A0%
Others3184045013,120114.1%
Total1,3313,6478443,76241.4%

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

  1. Panama (217.0 kg)
  2. Peru (1.0 kg)

Source: IndexBox Market Intelligence Platform

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