Price for Tube or Pipe Flanges of Stainless Steel in Uruguay - 2023

Contents:

  1. Price for Tube or Pipe Flanges of Stainless Steel in Uruguay (CIF) - 2023
  2. Price for Tube or Pipe Flanges of Stainless Steel in Uruguay (FOB) - 2022
  3. Imports of Tube or Pipe Flanges of Stainless Steel in Uruguay
  4. Exports of Tube or Pipe Flanges of Stainless Steel in Uruguay

Price for Tube or Pipe Flanges of Stainless Steel in Uruguay (CIF) - 2023

The average import price for tube or pipe flanges of stainless steels stood at $5,426 per ton in December 2023, which is down by -23.5% against the previous month. Over the period under review, the import price saw a noticeable slump. The growth pace was the most rapid in July 2023 when the average import price increased by 248% month-to-month. The import price peaked at $29,143 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Brazil ($12,445 per ton), while the price for China ($3,682 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by India (-5.8%), while the prices for the other major suppliers experienced a decline.

Price for Tube or Pipe Flanges of Stainless Steel in Uruguay (FOB) - 2022

In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $4,436 per ton, waning by -28.8% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 233% against the previous year. Over the period under review, the average export prices hit record highs at $27,409 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Free Zones ($15,759 per ton), while the average price for exports to Paraguay stood at $2,613 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (-0.3%).

Imports of Tube or Pipe Flanges of Stainless Steel in Uruguay

In 2022, purchases abroad of tube or pipe flanges of stainless steels decreased by -8.8% to 28 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. As a result, imports reached the peak of 31 tons, and then dropped in the following year.

In value terms, imports of tube or pipe flanges of stainless steels skyrocketed to $288K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 171%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Tube or Pipe Flanges of Stainless Steel in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.634.017716094.9%
India3.815.012.257.4147.2%
Italy9.51.92.213.011.0%
Brazil23.211.03.711.9-20.0%
Spain2.32.714.15.936.9%
TurkeyN/A5.1N/A5.64.8%
Others17.516.223.733.724.4%
Total78.085.923328854.6%

Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Uruguay in 2022:

  1. China (19.3 tons)
  2. India (5.3 tons)
  3. Brazil (0.9 tons)
  4. Italy (0.7 tons)
  5. Turkey (0.6 tons)
  6. Spain (0.4 tons)

Exports of Tube or Pipe Flanges of Stainless Steel in Uruguay

In 2022, exports of tube or pipe flanges of stainless steels from Uruguay soared to 670 kg, picking up by 145% against the previous year's figure. Overall, exports, however, showed a abrupt descent.

In value terms, exports of tube or pipe flanges of stainless steels surged to $3K in 2022. In general, exports, however, recorded a precipitous shrinkage.

Export of Tube or Pipe Flanges of Stainless Steel in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay0.52.90.61.544.2%
Free Zones10.74.01.01.4-49.2%
OthersN/AN/A0.10.10.0%
Total11.16.91.73.0-35.3%

Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Uruguay in 2022:

  1. Paraguay (581.0 kg)
  2. Free Zones (87.0 kg)

Source: IndexBox Market Intelligence Platform

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