Price for Tube or Pipe Flanges of Stainless Steel in Portugal - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Portugal (CIF) - 2024
- Price for Tube or Pipe Flanges of Stainless Steel in Portugal (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Portugal
- Exports of Tube or Pipe Flanges of Stainless Steel in Portugal
Price for Tube or Pipe Flanges of Stainless Steel in Portugal (CIF) - 2024
The average import price for tube or pipe flanges of stainless steels stood at $6,817 per ton in March 2024, with an increase of 2.7% against the previous month. Over the period under review, the import price, however, showed a deep slump. The pace of growth was the most pronounced in December 2023 when the average import price increased by 108% against the previous month. The import price peaked at $15,461 per ton in August 2023; however, from September 2023 to March 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($22,551 per ton), while the price for China ($3,636 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Denmark (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Flanges of Stainless Steel in Portugal (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $14,853 per ton in 2022, jumping by 396% against the previous year. In general, the export price showed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($21,791 per ton), while the average price for exports to Israel ($3,676 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 Belgium (+80.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Portugal
In 2022, approx. 617 tons of tube or pipe flanges of stainless steels were imported into Portugal; with an increase of 41% compared with 2021 figures. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +64.8% against 2020 indices. As a result, imports reached 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 $5.1M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +74.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Tube or Pipe Flanges of Stainless Steel in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 940 | 825 | 927 | 1,281 | 10.9% |
China | 503 | 454 | 1,343 | 1,137 | 31.2% |
Italy | 536 | 623 | 585 | 1,114 | 27.6% |
France | 235 | 141 | 272 | 473 | 26.3% |
Netherlands | 189 | 150 | 242 | 338 | 21.4% |
India | 950 | 420 | 94.0 | 327 | -29.9% |
Germany | 165 | 111 | 136 | 196 | 5.9% |
Others | 119 | 216 | 151 | 273 | 31.9% |
Total | 3,637 | 2,940 | 3,750 | 5,139 | 12.2% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Portugal in 2022:
- China (269.3 tons)
- Spain (114.4 tons)
- Italy (72.0 tons)
- France (54.9 tons)
- India (51.7 tons)
- Netherlands (31.6 tons)
- Germany (10.3 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Portugal
In 2022, the amount of tube or pipe flanges of stainless steels exported from Portugal declined dramatically to 30 tons, reducing by -80.4% compared with the year before. In general, exports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 633% against the previous year. As a result, the exports attained the peak of 154 tons, and then shrank markedly in the following year.
In value terms, exports of tube or pipe flanges of stainless steels contracted modestly to $447K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 144%. As a result, the exports reached the peak of $460K, and then reduced slightly in the following year.
Export of Tube or Pipe Flanges of Stainless Steel in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Angola | 45.1 | 132 | 75.2 | 170 | 55.6% |
Belgium | N/A | N/A | 2.5 | 106 | 4140.0% |
Cabo Verde | 3.4 | 10.4 | 12.4 | 71.5 | 176.0% |
France | 45.6 | 4.3 | 64.2 | 57.9 | 8.3% |
Spain | 52.4 | 5.3 | 111 | 8.0 | -46.6% |
Gabon | N/A | N/A | N/A | 6.7 | 0% |
Sao Tome and Principe | 0.9 | 0.6 | 1.0 | 6.2 | 90.3% |
United States | 34.0 | 2.1 | 1.5 | 0.4 | -77.3% |
Israel | N/A | N/A | 146 | 0.1 | -99.9% |
Germany | 8.0 | N/A | 0.4 | N/A | -77.6% |
Others | 25.0 | 33.4 | 46.2 | 21.0 | -5.6% |
Total | 214 | 188 | 460 | 447 | 27.8% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Portugal in 2022:
- Angola (10.0 tons)
- Cabo Verde (7.7 tons)
- Belgium (4.9 tons)
- France (3.2 tons)
- Gabon (1.5 tons)
- Sao Tome and Principe (1.0 tons)
- Spain (0.8 tons)
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