Price for Tube or Pipe Flanges of Stainless Steel in Iran - 2022

Contents:

  1. Price for Tube or Pipe Flanges of Stainless Steel in Iran (CIF) - 2022
  2. Price for Tube or Pipe Flanges of Stainless Steel in Iran (FOB) - 2022
  3. Imports of Tube or Pipe Flanges of Stainless Steel in Iran
  4. Exports of Tube or Pipe Flanges of Stainless Steel in Iran

Price for Tube or Pipe Flanges of Stainless Steel in Iran (CIF) - 2022

In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $9,749 per ton, surging by 19% against the previous year. In general, the import price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50% against the previous year. The import price peaked at $13,430 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($14,667 per ton), while the price for Turkey ($3,631 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Flanges of Stainless Steel in Iran (FOB) - 2022

In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $5,481 per ton, growing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Georgia ($8,600 per ton), while the average price for exports to Azerbaijan ($2,360 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 Armenia (+58.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube or Pipe Flanges of Stainless Steel in Iran

In 2022, overseas purchases of tube or pipe flanges of stainless steels were finally on the rise to reach 356 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a precipitous contraction.

In value terms, imports of tube or pipe flanges of stainless steels skyrocketed to $3.5M in 2022. Overall, imports, however, continue to indicate a abrupt decrease.

Import of Tube or Pipe Flanges of Stainless Steel in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2924715541,78482.8%
China3,4291,3816831,137-30.8%
Italy69665.6154240-29.9%
Turkey15458.657.7151-0.7%
BelgiumN/AN/A0.167.367200.0%
United Arab Emirates5610.70.90.1-94.4%
Spain1,27812.1N/AN/A-99.1%
India13928214.8N/A-67.4%
Others12751.743987.5-11.7%
Total6,6772,3231,9023,467-19.6%

Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Iran in 2022:

  1. South Korea (140.6 tons)
  2. China (131.2 tons)
  3. Turkey (41.6 tons)
  4. Italy (32.5 tons)
  5. Belgium (5.6 tons)

Exports of Tube or Pipe Flanges of Stainless Steel in Iran

In 2022, overseas shipments of tube or pipe flanges of stainless steels decreased by -82% to 3.3 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 70%. As a result, the exports attained the peak of 21 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tube or pipe flanges of stainless steels contracted significantly to $18K in 2022. Over the period under review, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year.

Export of Tube or Pipe Flanges of Stainless Steel in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.1N/AN/A10.6112.8%
Armenia11.88.93.94.9-25.4%
Azerbaijan0.10.81.31.2128.9%
Georgia0.3N/AN/A1.049.4%
GermanyN/AN/A76.8N/A0%
Brunei DarussalamN/A55.1N/AN/A0%
GreeceN/A11.7N/AN/A0%
Oman27.7N/AN/AN/A0%
Others7.73.00.10.2-70.4%
Total48.779.582.117.9-28.4%

Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Iran in 2022:

  1. Turkey (2034.0 kg)
  2. Armenia (569.0 kg)
  3. Azerbaijan (517.0 kg)
  4. Georgia (120.0 kg)

Source: IndexBox Market Intelligence Platform

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