Price for Tube or Pipe Flanges of Stainless Steel in Switzerland - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Switzerland (CIF) - 2024
- Price for Tube or Pipe Flanges of Stainless Steel in Switzerland (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Switzerland
- Exports of Tube or Pipe Flanges of Stainless Steel in Switzerland
Price for Tube or Pipe Flanges of Stainless Steel in Switzerland (CIF) - 2024
In May 2024, the average import price for tube or pipe flanges of stainless steels amounted to $18,272 per ton, falling by -14.9% against the previous month. Over the period under review, import price indicated a temperate increase from May 2023 to May 2024: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2024 figures, import price for tube or pipe flanges of stainless steels increased by +40.3% against February 2024 indices. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 57% m-o-m. The import price peaked at $21,481 per ton in April 2024, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Germany ($32,036 per ton), while the price for India ($5,504 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Italy (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Switzerland (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $20,838 per ton in 2022, approximately mirroring the previous year. Overall, the export price saw a pronounced decrease. The growth pace was the most rapid in 2021 when the average export price increased by 43%. The export price peaked at $28,040 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($214,079 per ton), while the average price for exports to Qatar ($10,560 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 Saudi Arabia (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Switzerland
For the fourth year in a row, Switzerland recorded growth in overseas purchases of tube or pipe flanges of stainless steels, which increased by 8.6% to 2.2K tons in 2022. The total import volume increased at an average annual rate of +14.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 26%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of tube or pipe flanges of stainless steels soared to $32M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 +69.6% against 2019 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 Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.4 | 8.8 | 9.9 | 13.6 | 17.4% |
| China | 6.5 | 6.8 | 6.6 | 8.4 | 8.9% |
| India | 1.1 | 1.7 | 2.9 | 5.2 | 67.8% |
| Italy | 0.9 | 0.5 | 1.2 | 1.6 | 21.1% |
| Others | 1.8 | 2.1 | 2.2 | 3.1 | 19.9% |
| Total | 18.8 | 20.1 | 22.9 | 31.9 | 19.3% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Switzerland in 2022:
- China (970.3 tons)
- India (581.0 tons)
- Germany (434.1 tons)
- Italy (86.4 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Switzerland
After two years of decline, overseas shipments of tube or pipe flanges of stainless steels increased by 31% to 428 tons in 2022. Overall, exports, however, continue to indicate a precipitous descent.
In value terms, exports of tube or pipe flanges of stainless steels skyrocketed to $8.9M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Tube or Pipe Flanges of Stainless Steel in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.5 | 1.1 | 1.4 | 2.6 | 20.1% |
| Germany | 2.8 | 2.2 | 2.5 | 2.4 | -5.0% |
| Austria | 1.3 | 1.1 | 0.9 | 1.2 | -2.6% |
| United States | 0.6 | 0.5 | 0.5 | 0.7 | 5.3% |
| Qatar | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | 2.9 | 1.4 | 1.6 | 1.9 | -13.1% |
| Total | 9.1 | 6.4 | 6.9 | 8.9 | -0.7% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Switzerland in 2022:
- France (163.7 tons)
- Austria (114.5 tons)
- Germany (110.0 tons)
- United States (8.7 tons)
- Qatar (3.9 tons)
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