Price for Tube or Pipe Flanges, Other than Stainless Steel in Angola - 2022

Contents:

  1. Price for Tube or Pipe Flanges, Other than Stainless Steel in Angola (CIF) - 2022
  2. Price for Tube or Pipe Flanges, Other than Stainless Steel in Angola (FOB) - 2022
  3. Imports of Tube or Pipe Flanges, Other than Stainless Steel in Angola
  4. Exports of Tube or Pipe Flanges, Other than Stainless Steel in Angola

Price for Tube or Pipe Flanges, Other than Stainless Steel in Angola (CIF) - 2022

In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $7,293 per ton, rising by 16% against the previous year. In general, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2015 an increase of 24% against the previous year. The import price peaked at $9,957 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17,564 per ton), while the price for China ($1,488 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Flanges, Other than Stainless Steel in Angola (FOB) - 2022

In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $9,897 per ton, picking up by 5.9% against the previous year. Overall, the export price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2021 when the average export price increased by 109%. The export price peaked at $15,173 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($14,007 per ton), while the average price for exports to Spain ($152 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 Namibia (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tube or Pipe Flanges, Other than Stainless Steel in Angola

For the fourth consecutive year, Angola recorded growth in overseas purchases of tube or pipe flanges, other than stainless steels, which increased by 38% to 1.1K tons in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of tube or pipe flanges, other than stainless steels surged to $8.2M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tube or Pipe Flanges, Other than Stainless Steel in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0431,1881,2202,62836.1%
United Kingdom2662,1361,1361,88892.2%
Italy34344386880332.8%
Portugal24225535068841.7%
China87.273.134152081.3%
France964463447399-25.5%
South Africa15065.813932429.3%
Spain240391148179-9.3%
Others37870948575425.9%
Total3,7135,7235,1348,18330.1%

Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Angola in 2022:

  1. China (349.4 tons)
  2. United States (149.6 tons)
  3. United Kingdom (135.6 tons)
  4. Italy (98.4 tons)
  5. Portugal (89.1 tons)
  6. South Africa (75.0 tons)
  7. France (69.0 tons)
  8. Spain (59.3 tons)

Exports of Tube or Pipe Flanges, Other than Stainless Steel in Angola

Exports of tube or pipe flanges, other than stainless steels from Angola plummeted to 223 kg in 2022, which is down by -88% compared with the year before. Over the period under review, exports recorded a sharp descent. The smallest decline of -9.3% was in 2020.

In value terms, exports of tube or pipe flanges, other than stainless steels contracted dramatically to $2.2K in 2022. Overall, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Tube or Pipe Flanges, Other than Stainless Steel in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway3.52.814.32.0-17.0%
Congo2.87.11.90.1-67.1%
SpainN/A0.6N/AN/A0%
Somalia1.1N/AN/AN/A0%
Namibia0.10.1N/AN/A0.0%
Democratic Republic of the CongoN/A0.2N/AN/A0%
United Kingdom0.71.00.2N/A-46.5%
United Arab Emirates5.8N/AN/AN/A0%
MexicoN/AN/A0.8N/A0%
Others0.86.5N/AN/A712.5%
Total14.818.317.32.2-47.0%

Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Angola in 2022:

  1. Norway (143.0 kg)
  2. Spain (46.0 kg)
  3. Congo (23.0 kg)
  4. Namibia (5.0 kg)
  5. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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