Price for Tube or Pipe Flanges of Stainless Steel in Indonesia - 2022
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Indonesia (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Indonesia (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Indonesia
- Exports of Tube or Pipe Flanges of Stainless Steel in Indonesia
Price for Tube or Pipe Flanges of Stainless Steel in Indonesia (CIF) - 2022
The average import price for tube or pipe flanges of stainless steels stood at $3,134 per ton in 2022, shrinking by -31.9% against the previous year. In general, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 28% against the previous year. Over the period under review, average import prices attained the maximum at $8,056 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($5,965 per ton), while the price for China ($1,821 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Flanges of Stainless Steel in Indonesia (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $4,300 per ton in 2022, surging by 9.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 18%. Over the period under review, the average export prices hit record highs at $4,500 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($9,730 per ton), while the average price for exports to Taiwan (Chinese) ($2,001 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 New Zealand (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Flanges of Stainless Steel in Indonesia
In 2022, the amount of tube or pipe flanges of stainless steels imported into Indonesia skyrocketed to 5.5K tons, rising by 156% on 2021. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe flanges of stainless steels skyrocketed to $17M in 2022. Overall, imports continue to indicate significant growth. 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 Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 2.1 | 2.4 | 5.9 | 33.1% |
| Italy | 0.6 | 1.7 | 0.6 | 4.7 | 98.6% |
| South Korea | 0.5 | 1.8 | 2.2 | 2.1 | 61.3% |
| Singapore | 2.1 | 1.4 | 1.7 | 1.3 | -14.8% |
| Japan | 0.8 | 0.6 | 0.7 | 1.1 | 11.2% |
| India | 0.3 | 0.2 | 0.5 | 0.4 | 10.1% |
| Malaysia | 0.5 | 0.5 | 0.3 | 0.3 | -15.7% |
| Others | 1.5 | 0.8 | 1.5 | 1.3 | -4.7% |
| Total | 8.8 | 9.0 | 9.9 | 17.1 | 24.8% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Indonesia in 2022:
- China (3243.3 tons)
- Italy (936.5 tons)
- South Korea (509.6 tons)
- Singapore (293.5 tons)
- Japan (190.1 tons)
- India (69.0 tons)
- Malaysia (61.5 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Indonesia
After three years of growth, shipments abroad of tube or pipe flanges of stainless steels decreased by -22.5% to 1.4K tons in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 33% against the previous year.
In value terms, exports of tube or pipe flanges of stainless steels contracted significantly to $6M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. As a result, the exports reached the peak of $7M, and then dropped significantly in the following year.
| Export of Tube or Pipe Flanges of Stainless Steel in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.0 | 3.0 | 4.5 | 3.6 | 6.3% |
| Singapore | 0.5 | 1.1 | 0.3 | 0.8 | 17.0% |
| Malaysia | 0.4 | 0.2 | 0.8 | 0.6 | 14.5% |
| Thailand | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| New Zealand | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
| Others | 0.5 | 0.4 | 0.8 | 0.3 | -15.7% |
| Total | 4.6 | 5.0 | 7.0 | 6.0 | 9.3% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Indonesia in 2022:
- Italy (736.4 tons)
- Singapore (374.5 tons)
- Malaysia (129.6 tons)
- Thailand (87.5 tons)
- New Zealand (26.8 tons)
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