Price for Tube or Pipe Flanges of Stainless Steel in Hungary - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Hungary (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Hungary (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Hungary
- Exports of Tube or Pipe Flanges of Stainless Steel in Hungary
Price for Tube or Pipe Flanges of Stainless Steel in Hungary (CIF) - 2022
In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $9,494 per ton, with an increase of 14% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $12,676 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
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 Austria ($18,204 per ton), while the price for Romania ($3,559 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Hungary (FOB) - 2022
In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $12,511 per ton, waning by -40.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 55%. Over the period under review, the average export prices reached the peak figure at $22,972 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($70,040 per ton), while the average price for exports to Poland ($6,147 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 Denmark (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Hungary
For the fourth consecutive year, Hungary recorded growth in overseas purchases of tube or pipe flanges of stainless steels, which increased by 13% to 1K tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 35%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of tube or pipe flanges of stainless steels skyrocketed to $10M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tube or Pipe Flanges of Stainless Steel in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,021 | 2,361 | 2,121 | 2,127 | 1.7% |
Czech Republic | 307 | 911 | 890 | 1,822 | 81.1% |
Netherlands | 423 | 922 | 1,109 | 1,294 | 45.2% |
Poland | 191 | 582 | 930 | 1,044 | 76.2% |
China | 468 | 357 | 806 | 754 | 17.2% |
India | 254 | 152 | 321 | 362 | 12.5% |
Italy | 1,545 | 191 | 159 | 222 | -47.6% |
Romania | 2.8 | 46.8 | 27.4 | 105 | 234.7% |
Others | 1,238 | 987 | 1,345 | 2,236 | 21.8% |
Total | 6,449 | 6,510 | 7,707 | 9,966 | 15.6% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Hungary in 2022:
- Czech Republic (221.7 tons)
- Poland (197.9 tons)
- Netherlands (171.3 tons)
- Germany (166.4 tons)
- China (97.3 tons)
- India (34.8 tons)
- Italy (29.6 tons)
- Romania (29.5 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Hungary
In 2022, exports of tube or pipe flanges of stainless steels from Hungary surged to 100 tons, jumping by 176% against the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe flanges of stainless steels skyrocketed to $1.3M in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Tube or Pipe Flanges of Stainless Steel in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 159 | 169 | 240 | 315 | 25.6% |
Poland | 4.7 | 3.6 | 6.2 | 263 | 282.5% |
Czech Republic | 16.4 | 16.7 | 36.9 | 171 | 118.5% |
United States | 30.9 | 96.2 | 84.7 | 115 | 55.0% |
Denmark | N/A | N/A | 13.7 | 86.1 | 528.5% |
Turkey | 71.7 | 59.7 | 66.0 | 67.5 | -2.0% |
United Kingdom | N/A | 1.2 | 13.5 | 40.2 | 478.8% |
Ukraine | 7.9 | 16.8 | 75.0 | 11.3 | 12.7% |
Austria | 8.8 | 9.2 | 32.0 | 11.1 | 8.0% |
Netherlands | 7.9 | 2.7 | 9.1 | 9.3 | 5.6% |
Serbia | 17.2 | 30.0 | 16.5 | 7.7 | -23.5% |
Romania | 32.1 | 11.5 | 6.9 | 7.6 | -38.1% |
Russia | 5.3 | 3.6 | 35.2 | N/A | 157.7% |
Others | 39.6 | 50.3 | 130 | 147 | 54.8% |
Total | 401 | 471 | 766 | 1,252 | 46.2% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Hungary in 2022:
- Poland (42.8 tons)
- Germany (17.3 tons)
- Czech Republic (16.5 tons)
- Denmark (6.5 tons)
- Turkey (4.7 tons)
- United Kingdom (3.5 tons)
- United States (1.6 tons)
- Netherlands (1.3 tons)
- Serbia (0.7 tons)
- Austria (0.6 tons)
- Ukraine (0.4 tons)
- Romania (0.4 tons)
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