Price for Tube or Pipe Flanges, Other than Stainless Steel in Bangladesh - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Bangladesh (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Bangladesh (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Bangladesh
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Bangladesh
Price for Tube or Pipe Flanges, Other than Stainless Steel in Bangladesh (CIF) - 2022
The average import price for tube or pipe flanges, other than stainless steels stood at $3,328 per ton in 2022, rising by 35% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2014 an increase of 75% against the previous year. As a result, import price attained the peak level of $4,481 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,835 per ton), while the price for China ($2,484 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.2%), 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 Bangladesh (FOB) - 2022
In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $26,521 per ton, surging by 110% against the previous year. Overall, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 177%. The export price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($32,848 per ton), while the average price for exports to the UK ($23,914 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 Portugal (+194.2%), 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 Bangladesh
After three years of growth, purchases abroad of tube or pipe flanges, other than stainless steels decreased by -1.7% to 1.5K tons in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 144% against the previous year. As a result, imports reached the peak of 1.5K tons, and then declined in the following year.
In value terms, imports of tube or pipe flanges, other than stainless steels surged to $4.8M in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,124 | 1,474 | 2,357 | 2,246 | 26.0% |
| India | 37.7 | 27.8 | 59.1 | 1,228 | 219.4% |
| Singapore | 352 | 1.2 | 53.0 | 518 | 13.7% |
| Germany | 76.1 | 44.8 | 126 | 329 | 62.9% |
| South Korea | 35.3 | 70.6 | 511 | 292 | 102.2% |
| Italy | 80.9 | 170 | 358 | 46.4 | -16.9% |
| Others | 105 | 581 | 177 | 180 | 19.7% |
| Total | 1,811 | 2,370 | 3,641 | 4,839 | 38.8% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Bangladesh in 2022:
- China (904.3 tons)
- India (319.4 tons)
- Singapore (107.6 tons)
- South Korea (59.4 tons)
- Germany (27.8 tons)
- Italy (4.1 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Bangladesh
In 2022, overseas shipments of tube or pipe flanges, other than stainless steels decreased by -17.8% to 931 kg, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 587%. As a result, the exports attained the peak of 1.1 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tube or pipe flanges, other than stainless steels skyrocketed to $25K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,801% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | N/A | 2.2 | 2.8 | 9.1 | 103.4% |
| United Kingdom | N/A | 6.1 | 4.3 | 7.8 | 13.1% |
| Spain | N/A | N/A | 1.4 | 7.7 | 450.0% |
| Malaysia | 0.4 | N/A | N/A | N/A | 0% |
| Indonesia | N/A | N/A | 3.0 | N/A | 0% |
| Italy | N/A | N/A | 2.7 | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 0.4 | 8.3 | 14.3 | 24.7 | 295.3% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Bangladesh in 2022:
- United Kingdom (326.0 kg)
- Spain (307.0 kg)
- Portugal (276.0 kg)
- Indonesia (7.0 kg)
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