Price for Tube or Pipe Flanges of Stainless Steel in Ethiopia - 2022
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Ethiopia (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Ethiopia (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Ethiopia
- Exports of Tube or Pipe Flanges of Stainless Steel in Ethiopia
Price for Tube or Pipe Flanges of Stainless Steel in Ethiopia (CIF) - 2022
In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $2,348 per ton, which is down by -37.9% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 26%. The import price peaked at $6,603 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Italy ($22,926 per ton), while the price for India ($983 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.7%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Flanges of Stainless Steel in Ethiopia (FOB) - 2022
In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $35,258 per ton, rising by 1,022% against the previous year. In general, the export price continues to indicate buoyant growth. As a result, the export price reached the peak level 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 Angola ($36,512 per ton), while the average price for exports to the United Arab Emirates totaled $3,400 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-5.3%).
Imports of Tube or Pipe Flanges of Stainless Steel in Ethiopia
In 2022, imports of tube or pipe flanges of stainless steels into Ethiopia surged to 415 tons, growing by 72% on the previous year's figure. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 517%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of tube or pipe flanges of stainless steels amounted to $973K in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 384%. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tube or Pipe Flanges of Stainless Steel in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 109 | 659 | 679 | 673 | 83.5% |
| Italy | 14.5 | 127 | 27.0 | 116 | 100.0% |
| Poland | 40.1 | 84.2 | 68.2 | 57.2 | 12.6% |
| India | 10.2 | 82.5 | 32.7 | 33.6 | 48.8% |
| Others | 52.3 | 141 | 104 | 94.3 | 21.7% |
| Total | 226 | 1,094 | 911 | 973 | 62.7% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Ethiopia in 2022:
- China (341.6 tons)
- India (34.1 tons)
- Poland (22.8 tons)
- Italy (5.1 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Ethiopia
In 2022, approx. 132 kg of tube or pipe flanges of stainless steels were exported from Ethiopia; dropping by -82.3% against the previous year's figure. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 10,529% against the previous year. As a result, the exports attained the peak of 744 kg, and then fell rapidly in the following year.
In value terms, exports of tube or pipe flanges of stainless steels skyrocketed to $4.7K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 10,527% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Tube or Pipe Flanges of Stainless Steel in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | N/A | N/A | N/A | 4.6 | 0% |
| United Arab Emirates | N/A | N/A | 2.3 | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.1 | N/A | 2.3 | 4.7 | 260.9% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Ethiopia in 2022:
- Angola (127.0 kg)
- United Arab Emirates (5.0 kg)
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