Price for Tube or Pipe Flanges of Stainless Steel in the UK - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in the UK (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in the UK (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in the UK
- Exports of Tube or Pipe Flanges of Stainless Steel in the UK
Price for Tube or Pipe Flanges of Stainless Steel in the UK (CIF) - 2022
The average import price for tube or pipe flanges of stainless steels stood at $12,747 per ton in 2022, rising by 37% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($40,204 per ton), while the price for China ($6,442 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in the UK (FOB) - 2022
In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $30,843 per ton, with a decrease of -10.6% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by 29%. The export price peaked at $34,485 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($48,734 per ton), while the average price for exports to Ireland ($12,747 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 (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in the UK
In 2022, the amount of tube or pipe flanges of stainless steels imported into the UK dropped notably to 3.9K tons, with a decrease of -23.5% compared with the previous year's figure. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 5.1K tons, and then shrank notably in the following year.
In value terms, imports of tube or pipe flanges of stainless steels rose notably to $49M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 9.9%.
Import of Tube or Pipe Flanges of Stainless Steel in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 9.4 | 9.5 | 10.6 | 10.7 | 4.4% |
China | 6.3 | 3.9 | 4.8 | 9.6 | 15.1% |
United States | 6.3 | 7.9 | 8.5 | 9.4 | 14.3% |
Germany | 3.0 | 3.3 | 4.2 | 6.4 | 28.7% |
India | 7.7 | 4.0 | 6.8 | 5.7 | -9.5% |
Spain | 1.0 | 3.7 | 0.4 | 1.2 | 6.3% |
Sweden | 0.7 | 0.5 | 0.8 | 1.0 | 12.6% |
France | 5.9 | 5.2 | 4.8 | 0.6 | -53.3% |
Netherlands | 1.7 | 2.0 | 2.1 | 0.5 | -33.5% |
Others | 8.1 | 2.7 | 3.9 | 4.1 | -20.3% |
Total | 50.1 | 42.7 | 46.9 | 49.3 | -0.5% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to the UK in 2022:
- China (1497.2 tons)
- India (768.9 tons)
- Italy (665.5 tons)
- Germany (311.6 tons)
- United States (233.3 tons)
- Spain (87.1 tons)
- Sweden (64.1 tons)
- Netherlands (32.6 tons)
- France (32.4 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in the UK
Exports of tube or pipe flanges of stainless steels from the UK soared to 1K tons in 2022, with an increase of 32% compared with the previous year. In general, exports, however, showed a pronounced shrinkage.
In value terms, exports of tube or pipe flanges of stainless steels skyrocketed to $31M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Tube or Pipe Flanges of Stainless Steel in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.9 | 6.5 | 6.6 | 6.6 | -5.8% |
Norway | 4.1 | 3.3 | 2.4 | 3.5 | -5.1% |
Germany | 1.1 | 0.7 | 1.0 | 1.9 | 20.0% |
Ireland | 1.2 | 0.9 | 1.9 | 1.9 | 16.6% |
Netherlands | 2.0 | 1.7 | 0.9 | 1.8 | -3.5% |
Brazil | 0.6 | 0.2 | 0.4 | 1.2 | 26.0% |
Sweden | 0.3 | 0.1 | 0.5 | 1.2 | 58.7% |
France | 1.6 | 1.4 | 0.6 | 0.8 | -20.6% |
Belgium | 0.4 | 0.2 | 1.1 | 0.8 | 26.0% |
China | 0.3 | 0.5 | 0.6 | 0.8 | 38.7% |
Israel | N/A | 0.1 | 0.3 | 0.7 | 164.6% |
Australia | 0.2 | 0.1 | 0.2 | 0.6 | 44.2% |
South Korea | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
Others | 10.8 | 8.7 | 9.3 | 8.4 | -8.0% |
Total | 30.8 | 24.6 | 26.3 | 30.9 | 0.1% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from the UK in 2022:
- United States (162.2 tons)
- Ireland (149.6 tons)
- Norway (125.5 tons)
- Israel (56.5 tons)
- Netherlands (49.2 tons)
- Sweden (40.1 tons)
- Germany (39.7 tons)
- Brazil (36.7 tons)
- China (21.6 tons)
- South Korea (20.9 tons)
- Belgium (19.9 tons)
- France (18.2 tons)
- Australia (16.1 tons)
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