Price for Tube or Pipe Flanges of Stainless Steel in New Zealand - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in New Zealand (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in New Zealand (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in New Zealand
- Exports of Tube or Pipe Flanges of Stainless Steel in New Zealand
Price for Tube or Pipe Flanges of Stainless Steel in New Zealand (CIF) - 2022
The average import price for tube or pipe flanges of stainless steels stood at $9,756 per ton in 2022, picking up by 35% against the previous year. Over the period under review, the import price, however, recorded a mild decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 35% against the previous year. The import price peaked at $11,031 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Italy ($15,361 per ton), while the price for Taiwan (Chinese) ($7,183 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Flanges of Stainless Steel in New Zealand (FOB) - 2022
In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $19,569 per ton, reducing by -11.3% against the previous year. Overall, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 79%. The export price peaked at $46,318 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($34,220 per ton), while the average price for exports to Fiji ($4,241 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 French Polynesia (-0.4%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Flanges of Stainless Steel in New Zealand
In 2022, purchases abroad of tube or pipe flanges of stainless steels decreased by -18.5% to 409 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +33.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports reached the peak of 502 tons, and then contracted notably in the following year.
In value terms, imports of tube or pipe flanges of stainless steels rose remarkably to $4M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 46% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Tube or Pipe Flanges of Stainless Steel in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,630 | 1,504 | 2,370 | 2,091 | 8.7% |
| Australia | 196 | 300 | 230 | 489 | 35.6% |
| Indonesia | N/A | 83.6 | 317 | 423 | 124.9% |
| South Korea | 67.6 | 38.8 | 71.3 | 243 | 53.2% |
| Italy | 141 | 159 | 50.3 | 128 | -3.2% |
| India | 7.9 | 51.4 | 139 | 120 | 147.7% |
| Others | 312 | 351 | 450 | 496 | 16.7% |
| Total | 2,355 | 2,488 | 3,629 | 3,989 | 19.2% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to New Zealand in 2022:
- China (245.8 tons)
- Australia (51.1 tons)
- Indonesia (46.2 tons)
- South Korea (22.6 tons)
- India (13.6 tons)
- Italy (8.3 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in New Zealand
For the third consecutive year, New Zealand recorded decline in overseas shipments of tube or pipe flanges of stainless steels, which decreased by -8.1% to 5.3 tons in 2022. Over the period under review, exports saw a dramatic slump.
In value terms, exports of tube or pipe flanges of stainless steels contracted remarkably to $104K in 2022. In general, exports faced a precipitous curtailment. The smallest decline of -8.9% was in 2020.
| Export of Tube or Pipe Flanges of Stainless Steel in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 59.3 | 133 | 67.7 | 57.6 | -1.0% |
| China | 6.9 | N/A | 0.6 | 11.5 | 18.6% |
| United States | 77.1 | 7.6 | 23.6 | 9.5 | -50.2% |
| Japan | N/A | N/A | 1.9 | 6.7 | 252.6% |
| Fiji | 34.0 | 2.8 | 1.7 | 3.5 | -53.1% |
| Tonga | N/A | 21.3 | 0.1 | 1.4 | -74.4% |
| Samoa | 10.9 | 2.4 | N/A | 0.6 | -62.0% |
| Germany | N/A | 17.1 | 18.7 | N/A | 9.4% |
| Others | 29.9 | 14.7 | 12.8 | 12.7 | -24.8% |
| Total | 218 | 199 | 127 | 104 | -21.9% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from New Zealand in 2022:
- Australia (2555.0 kg)
- Fiji (835.0 kg)
- China (822.0 kg)
- Japan (346.0 kg)
- United States (277.0 kg)
- Samoa (116.0 kg)
- Tonga (93.0 kg)
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