Price for Tube or Pipe Flanges of Stainless Steel in Sudan - 2022
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Sudan (CIF) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Sudan
Price for Tube or Pipe Flanges of Stainless Steel in Sudan (CIF) - 2022
In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $9,936 per ton, reducing by -19.5% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe flanges of stainless steels increased by +129.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 81%. As a result, import price reached the peak level of $12,348 per ton, and then fell rapidly in the following year.
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 Japan ($61,688 per ton), while the price for the UK ($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 India (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Sudan
For the third year in a row, Sudan recorded decline in supplies from abroad of tube or pipe flanges of stainless steels, which decreased by -2.3% to 6.7 tons in 2022. Over the period under review, imports faced a sharp downturn.
In value terms, imports of tube or pipe flanges of stainless steels shrank dramatically to $66K in 2022. Overall, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.1% against the previous year.
| Import of Tube or Pipe Flanges of Stainless Steel in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.3 | 25.1 | 2.2 | 19.6 | 8.6% |
| United Arab Emirates | 20.5 | 10.2 | 43.6 | 10.8 | -19.2% |
| Netherlands | 29.9 | 10.0 | 8.4 | 6.8 | -39.0% |
| Morocco | 9.5 | 4.0 | 4.2 | 4.2 | -23.8% |
| India | 4.3 | 1.7 | 2.0 | 3.8 | -4.0% |
| Saudi Arabia | 6.1 | 2.7 | 2.9 | 3.0 | -21.1% |
| Turkey | 76.9 | 3.9 | 4.4 | 2.5 | -68.1% |
| South Africa | 8.4 | 1.7 | 1.6 | 1.4 | -45.0% |
| Egypt | 5.2 | 1.9 | 1.7 | 1.4 | -35.4% |
| Others | 41.8 | 17.9 | 13.6 | 13.0 | -32.2% |
| Total | 218 | 78.9 | 84.5 | 66.5 | -32.7% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Sudan in 2022:
- China (2838.0 kg)
- Saudi Arabia (911.0 kg)
- Turkey (487.0 kg)
- United Arab Emirates (483.0 kg)
- Netherlands (373.0 kg)
- South Africa (331.0 kg)
- India (304.0 kg)
- Egypt (282.0 kg)
- Morocco (244.0 kg)
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