Price for Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR (FOB) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR (CIF) - 2024
- Exports of Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR
- Imports of Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR
Price for Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $81,900 per ton, growing by 315% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. As a result, the export price attained 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 Russia ($1,172,500 per ton), while the average price for exports to the Philippines ($19,750 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 Russia (+210.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR (CIF) - 2024
In March 2024, the average import price for tube or pipe flanges of stainless steels amounted to $15,198 per ton, falling by -87% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2024 when the average import price increased by 1,240% against the previous month. As a result, import price reached the peak level of $117K per ton, and then shrank notably in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to March 2024, the rate of growth in terms of prices for China amounted to +0.9% per month.
Exports of Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR
After three years of growth, overseas shipments of tube or pipe flanges of stainless steels decreased by -67.6% to 17 tons in 2022. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 55%. As a result, the exports attained the peak of 53 tons, and then dropped sharply in the following year.
In value terms, exports of tube or pipe flanges of stainless steels soared to $1.4M in 2022. In general, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 106%. As a result, the exports reached the peak of $2.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 240 | 480 | 619 | 641 | 38.7% |
| India | N/A | 3.4 | N/A | 261 | 776.2% |
| Japan | 83.3 | 22.5 | 30.6 | 152 | 22.2% |
| Singapore | 118 | 13.8 | 8.8 | 79.2 | -12.4% |
| Italy | 110 | 62.3 | 155 | 63.5 | -16.7% |
| United States | 24.6 | 80.1 | 66.1 | 25.9 | 1.7% |
| Vietnam | 1.4 | N/A | 0.6 | 18.9 | 138.1% |
| Russia | 384 | 1,473 | N/A | 2.3 | -81.8% |
| Estonia | N/A | N/A | 5.7 | N/A | 0% |
| Others | 237 | 329 | 168 | 173 | -10.0% |
| Total | 1,199 | 2,464 | 1,053 | 1,417 | 5.7% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Hong Kong SAR in 2022:
- China (10.6 tons)
- Italy (2.2 tons)
- Japan (1.7 tons)
- India (0.7 tons)
- United States (0.6 tons)
- Vietnam (0.4 tons)
- Singapore (0.3 tons)
Imports of Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR
In 2022, purchases abroad of tube or pipe flanges of stainless steels was finally on the rise to reach 99 tons after two years of decline. Over the period under review, imports, however, showed a abrupt shrinkage.
In value terms, imports of tube or pipe flanges of stainless steels rose modestly to $1.4M in 2022. Overall, imports, however, saw a deep reduction.
| Import of Tube or Pipe Flanges of Stainless Steel in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,138 | 873 | 766 | 822 | -10.3% |
| France | 160 | 639 | 293 | 333 | 27.7% |
| United States | 485 | 103 | 148 | 106 | -39.8% |
| Others | 171 | 96.9 | 110 | 106 | -14.7% |
| Total | 1,954 | 1,712 | 1,317 | 1,367 | -11.2% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Hong Kong SAR in 2022:
- China (90.4 tons)
- France (5.1 tons)
- United States (0.9 tons)
520
This report provides an in-depth analysis of the market for iron or steel tube fitting in Hong Kong SAR, China.
1374
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
489
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
461
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
475
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
520
This report provides an in-depth analysis of the market for iron or steel tube fitting in Hong Kong SAR, China.
1374
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
489
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
461
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
475
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
256
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
3875
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
1505
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1197
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1322
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
256
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
3875
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
1505
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1197
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1322
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
