Price for Tube or Pipe Flanges of Stainless Steel in the United States - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in the United States (CIF) - 2024
- Price for Tube or Pipe Flanges of Stainless Steel in the United States (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in the United States
- Exports of Tube or Pipe Flanges of Stainless Steel in the United States
Price for Tube or Pipe Flanges of Stainless Steel in the United States (CIF) - 2024
In May 2024, the average import price for tube or pipe flanges of stainless steels amounted to $7,492 per ton, shrinking by -7.3% against the previous month. Overall, the import price showed a pronounced decline. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 13% against the previous month. The import price peaked at $10,303 per ton in July 2023; however, from August 2023 to May 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($16,519 per ton), while the price for Vietnam ($4,118 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 China (+1.2%), 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 United States (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $22,146 per ton in 2022, surging by 25% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 2016 when the average export price increased by 27%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($88,766 per ton), while the average price for exports to Mexico ($14,601 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 Singapore (+20.2%), 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 United States
In 2022, approx. 25K tons of tube or pipe flanges of stainless steels were imported into the United States; picking up by 75% against 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern.
In value terms, imports of tube or pipe flanges of stainless steels skyrocketed to $244M in 2022. Overall, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tube or Pipe Flanges of Stainless Steel in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 65.2 | 26.0 | 20.6 | 53.1 | -6.6% |
South Korea | 21.9 | 11.7 | 14.2 | 44.4 | 26.6% |
Italy | 18.1 | 8.8 | 12.6 | 33.0 | 22.2% |
Vietnam | 11.9 | 6.2 | 10.2 | 24.1 | 26.5% |
China | 11.1 | 7.7 | 13.5 | 20.2 | 22.1% |
Germany | 13.3 | 10.5 | 9.9 | 14.5 | 2.9% |
Spain | 10.4 | 4.5 | 2.1 | 10.6 | 0.6% |
Mexico | 8.8 | 4.9 | 6.1 | 8.9 | 0.4% |
Others | 38.5 | 26.4 | 22.4 | 34.9 | -3.2% |
Total | 199 | 107 | 112 | 244 | 7.0% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to the United States in 2022:
- India (7.2K tons)
- South Korea (4.7K tons)
- Vietnam (3.0K tons)
- Italy (2.8K tons)
- China (2.0K tons)
- Germany (1.1K tons)
- Spain (1.0K tons)
- Mexico (0.8K tons)
Exports of Tube or Pipe Flanges of Stainless Steel in the United States
In 2022, exports of tube or pipe flanges of stainless steels from the United States rose significantly to 4.5K tons, picking up by 5.9% on the year before. In general, exports, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 9.5%.
In value terms, exports of tube or pipe flanges of stainless steels soared to $99M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 27.9 | 24.0 | 26.1 | 36.2 | 9.1% |
Canada | 14.5 | 11.4 | 12.3 | 22.0 | 14.9% |
United Kingdom | 4.3 | 6.7 | 7.1 | 9.2 | 28.9% |
China | 4.0 | 1.9 | 3.3 | 4.0 | 0.0% |
France | 7.9 | 3.8 | 2.1 | 3.3 | -25.2% |
South Korea | 1.8 | 2.7 | 2.4 | 2.0 | 3.6% |
Others | 22.0 | 23.8 | 21.2 | 21.9 | -0.2% |
Total | 82.5 | 74.4 | 74.4 | 98.6 | 6.1% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from the United States in 2022:
- Mexico (2480.0 tons)
- Canada (897.0 tons)
- United Kingdom (259.5 tons)
- France (96.9 tons)
- China (80.8 tons)
- South Korea (71.6 tons)
This report provides an in-depth analysis of the market for iron or steel tube fitting in the U.S..
This report provides an in-depth analysis of the market for cast steel pipe fittings in the USA.
This report provides an in-depth analysis of the market for malleable cast iron pipe fittings in the USA.
This report provides an in-depth analysis of the market for non-malleable cast iron pipe fittings in the U.S..
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
This report provides an in-depth analysis of the market for iron or steel tube fitting in the U.S..
This report provides an in-depth analysis of the market for cast steel pipe fittings in the USA.
Due to recovered imports, the U.S. market for tube and pipe fittings (of iron or steel) soared from $2.2B in 2020 to $2.6B in 2021.
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
Due to recovered imports, the U.S. market for tube and pipe fittings (of iron or steel) soared from $2.2B in 2020 to $2.6B in 2021.
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...