Price for Tube or Pipe Flanges of Stainless Steel in Egypt - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Egypt (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Egypt (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Egypt
- Exports of Tube or Pipe Flanges of Stainless Steel in Egypt
Price for Tube or Pipe Flanges of Stainless Steel in Egypt (CIF) - 2022
In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $14,234 per ton, growing by 23% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($14,238 per ton) and Brazil ($14,235 per ton), while the price for the Netherlands ($14,217 per ton) and South Korea ($14,234 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Egypt (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $10,017 per ton in 2022, with an increase of 173% against the previous year. In general, the export price, however, showed a abrupt shrinkage. The export price peaked at $46,759 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($10,114 per ton), while the average price for exports to Nigeria totaled $8,515 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Egypt
Imports of tube or pipe flanges of stainless steels into Egypt declined rapidly to 269 tons in 2022, with a decrease of -25.8% on 2021. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year.
In value terms, imports of tube or pipe flanges of stainless steels fell to $3.8M in 2022. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 38%.
| Import of Tube or Pipe Flanges of Stainless Steel in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 242 | 791 | 777 | 1,100 | 65.7% |
| China | 882 | 576 | 1,540 | 726 | -6.3% |
| United States | 1,316 | 87.0 | 86.0 | 479 | -28.6% |
| United Kingdom | 163 | 249 | 180 | 386 | 33.3% |
| Turkey | 64.0 | 95.9 | 228 | 337 | 74.0% |
| India | 216 | 166 | 353 | 151 | -11.2% |
| Romania | 6.2 | N/A | 3.1 | 124 | 171.4% |
| Germany | 549 | 331 | 259 | 67.2 | -50.3% |
| Brazil | 0.1 | 0.4 | 0.5 | 59.1 | 739.2% |
| Japan | 6.1 | 154 | 61.7 | 48.7 | 99.9% |
| United Arab Emirates | 175 | 153 | 0.9 | 9.4 | -62.3% |
| Belgium | 353 | 22.1 | 1.6 | 5.5 | -75.0% |
| Sweden | 463 | 5.0 | 61.1 | 2.7 | -82.0% |
| Others | 584 | 421 | 659 | 338 | -16.7% |
| Total | 5,020 | 3,052 | 4,211 | 3,833 | -8.6% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Egypt in 2022:
- Italy (77.3 tons)
- China (51.0 tons)
- United States (33.6 tons)
- United Kingdom (27.1 tons)
- Turkey (23.7 tons)
- India (10.6 tons)
- Romania (8.7 tons)
- Germany (4.7 tons)
- Brazil (4.2 tons)
- Japan (3.4 tons)
- United Arab Emirates (0.7 tons)
- Belgium (0.4 tons)
- Sweden (0.2 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Egypt
In 2022, approx. 47 tons of tube or pipe flanges of stainless steels were exported from Egypt; falling by -21.5% against the previous year. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,845% against the previous year. As a result, the exports reached the peak of 59 tons, and then fell markedly in the following year.
In value terms, exports of tube or pipe flanges of stainless steels skyrocketed to $466K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,984% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Tube or Pipe Flanges of Stainless Steel in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | 163 | 444 | 172.4% |
| Nigeria | 2.2 | 9.1 | N/A | 19.9 | 108.4% |
| Belgium | 15.4 | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | 35.2 | N/A | 0% |
| Saudi Arabia | 3.6 | N/A | 14.7 | N/A | 102.1% |
| Others | 0.7 | 1.4 | 4.2 | 2.4 | 50.8% |
| Total | 21.8 | 10.4 | 217 | 466 | 177.5% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Egypt in 2022:
- Oman (43.9 tons)
- Nigeria (2.3 tons)
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