Price for Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan
Price for Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan (CIF) - 2022
The average import price for tube or pipe flanges, other than stainless steels stood at $11,636 per ton in 2022, with an increase of 21% against the previous year. Overall, the import price, however, continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 53%. The import price peaked at $15,538 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($51,776 per ton), while the price for Russia ($2,486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.6%), 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 Azerbaijan (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $9,550 per ton in 2022, picking up by 293% against the previous year. Overall, the export price continues to indicate resilient growth. The export price peaked at $36,525 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($40,733 per ton), while the average price for exports to Georgia ($1,327 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 Kazakhstan (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan
In 2022, purchases abroad of tube or pipe flanges, other than stainless steels decreased by -56.2% to 362 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 48% against the previous year. As a result, imports reached the peak of 940 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tube or pipe flanges, other than stainless steels declined sharply to $4.2M in 2022. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 94% against the previous year. As a result, imports reached the peak of $9.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,946 | 7,105 | 3,641 | 1,624 | -18.0% |
| United Kingdom | 314 | 835 | 904 | 562 | 21.4% |
| Turkey | 323 | 320 | 208 | 500 | 15.7% |
| South Korea | 3.1 | 4.6 | 4.1 | 416 | 412.0% |
| China | 519 | 1,023 | 2,511 | 306 | -16.1% |
| Spain | 36.5 | 126 | 55.0 | 177 | 69.3% |
| Russia | 139 | 55.5 | 72.9 | 44.6 | -31.5% |
| Others | 814 | 422 | 573 | 579 | -10.7% |
| Total | 5,093 | 9,892 | 7,970 | 4,208 | -6.2% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Azerbaijan in 2022:
- China (81.4 tons)
- Turkey (80.4 tons)
- Italy (76.1 tons)
- South Korea (35.9 tons)
- Spain (21.5 tons)
- Russia (17.9 tons)
- United Kingdom (10.8 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan
In 2022, approx. 1.5 tons of tube or pipe flanges, other than stainless steels were exported from Azerbaijan; which is down by -94.9% compared with the previous year. Over the period under review, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 533% against the previous year. As a result, the exports attained the peak of 29 tons, and then declined notably in the following year.
In value terms, exports of tube or pipe flanges, other than stainless steels contracted notably to $14K in 2022. In general, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 215%. As a result, the exports reached the peak of $70K, and then reduced rapidly in the following year.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.3 | 16.2 | 3.5 | 10.3 | 225.0% |
| Italy | N/A | N/A | N/A | 2.2 | 0% |
| Kazakhstan | 1.1 | 0.1 | N/A | 1.2 | 2.9% |
| Georgia | 5.3 | 3.1 | 14.9 | 0.5 | -54.5% |
| Norway | 13.9 | 1.7 | N/A | N/A | -87.8% |
| Germany | N/A | N/A | 6.3 | N/A | 0% |
| United Arab Emirates | 7.4 | N/A | 31.5 | N/A | 106.3% |
| Iran | N/A | N/A | 9.7 | N/A | 0% |
| Ukraine | 3.7 | N/A | N/A | N/A | 0% |
| Others | 11.5 | 1.2 | 4.4 | N/A | -38.1% |
| Total | 43.2 | 22.3 | 70.3 | 14.2 | -31.0% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Azerbaijan in 2022:
- United Kingdom (650.0 kg)
- Italy (432.0 kg)
- Georgia (376.0 kg)
- Kazakhstan (30.0 kg)
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