Price for Tube or Pipe Flanges of Stainless Steel in Mexico - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Mexico (CIF) - 2024
- Price for Tube or Pipe Flanges of Stainless Steel in Mexico (FOB) - 2024
- Imports of Tube or Pipe Flanges of Stainless Steel in Mexico
- Exports of Tube or Pipe Flanges of Stainless Steel in Mexico
Price for Tube or Pipe Flanges of Stainless Steel in Mexico (CIF) - 2024
The average import price for tube or pipe flanges of stainless steels stood at $4,699 per ton in April 2024, dropping by -67.8% against the previous month. Overall, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in March 2024 an increase of 100% m-o-m. Over the period under review, average import prices reached the peak figure at $15,138 per ton in November 2023; however, from December 2023 to April 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Italy ($43,187 per ton), while the price for the United States ($2,297 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Italy (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Mexico (FOB) - 2024
The average export price for tube or pipe flanges of stainless steels stood at $21,839 per ton in April 2024, declining by -14.5% against the previous month. Overall, export price indicated a moderate increase from April 2023 to April 2024: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, export price for tube or pipe flanges of stainless steels increased by +13.9% against January 2024 indices. The growth pace was the most rapid in October 2023 when the average export price increased by 68% against the previous month. Over the period under review, the average export prices reached the maximum at $27,092 per ton in November 2023; however, from December 2023 to April 2024, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From April 2023 to April 2024, the rate of growth in terms of prices for the United States amounted to +3.5% per month.
Imports of Tube or Pipe Flanges of Stainless Steel in Mexico
In 2022, imports of tube or pipe flanges of stainless steels into Mexico reached 8.1K tons, standing approx. at the year before. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tube or pipe flanges of stainless steels surged to $92M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Tube or Pipe Flanges of Stainless Steel in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.0 | 20.2 | 20.6 | 35.1 | 16.8% |
| China | 12.7 | 14.7 | 21.5 | 30.6 | 34.1% |
| India | 8.6 | 7.1 | 9.6 | 9.6 | 3.7% |
| Spain | 3.5 | 1.8 | 2.2 | 4.3 | 7.1% |
| Japan | 0.5 | 2.9 | 6.7 | 4.0 | 100.0% |
| South Korea | 2.0 | 2.7 | 8.6 | 4.0 | 26.0% |
| Italy | 1.3 | 1.6 | 2.0 | 2.9 | 30.7% |
| Others | 1.2 | 1.4 | 1.1 | 1.8 | 14.5% |
| Total | 51.8 | 52.3 | 72.3 | 92.5 | 21.3% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Mexico in 2022:
- United States (2.7K tons)
- China (2.5K tons)
- India (1.0K tons)
- Spain (0.6K tons)
- Italy (0.5K tons)
- South Korea (0.5K tons)
- Japan (0.3K tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Mexico
Exports of tube or pipe flanges of stainless steels from Mexico soared to 600 tons in 2022, with an increase of 17% compared with the previous year. In general, exports, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year.
In value terms, exports of tube or pipe flanges of stainless steels soared to $8.9M in 2022. Over the period under review, exports, however, saw a mild setback.
| Export of Tube or Pipe Flanges of Stainless Steel in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.9 | 4.9 | 6.6 | 8.9 | 0.0% |
| Others | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Total | 9.3 | 5.0 | 6.6 | 8.9 | -1.5% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Mexico in 2022:
- United States (597.4 tons)
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