Price for Tube or Pipe Flanges, Other than Stainless Steel in Canada - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Canada (CIF) - 2024
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Canada (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Canada
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Canada
Price for Tube or Pipe Flanges, Other than Stainless Steel in Canada (CIF) - 2024
The average import price for tube or pipe flanges, other than stainless steels stood at $6,624 per ton in March 2024, surging by 102% against the previous month. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in October 2023 an increase of 201% against the previous month. The import price peaked in March 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($3,127 per ton), while the price for India ($1,873 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), 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 Canada (FOB) - 2022
In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $5,430 per ton, with a decrease of -8.9% against the previous year. Over the period under review, the export price recorded a slight setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 27%. Over the period under review, the average export prices hit record highs at $6,122 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Cuba ($5,430 per ton) and India ($5,430 per ton), while the average price for exports to Mozambique ($5,430 per ton) and the United States ($5,430 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+2.7%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Canada
In 2022, after two years of decline, there was significant growth in supplies from abroad of tube or pipe flanges, other than stainless steels, when their volume increased by 80% to 39K tons. Overall, imports, however, continue to indicate a abrupt setback.
In value terms, imports of tube or pipe flanges, other than stainless steels soared to $127M in 2022. Over the period under review, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.1 | 14.2 | 14.2 | 30.8 | 11.7% |
| India | 15.6 | 9.3 | 10.3 | 25.6 | 18.0% |
| United States | 18.6 | 13.6 | 19.8 | 24.2 | 9.2% |
| Italy | 14.6 | 9.0 | 8.2 | 18.2 | 7.6% |
| Spain | 14.0 | 3.8 | 2.9 | 9.7 | -11.5% |
| South Korea | 5.7 | 4.4 | 3.0 | 7.8 | 11.0% |
| Taiwan (Chinese) | 8.1 | 3.8 | 2.8 | 5.2 | -13.7% |
| Others | 5.5 | 4.0 | 3.7 | 5.3 | -1.2% |
| Total | 104 | 62.1 | 65.0 | 127 | 6.9% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Canada in 2022:
- India (11.6K tons)
- China (9.8K tons)
- Italy (6.3K tons)
- Spain (3.9K tons)
- United States (3.2K tons)
- Taiwan (Chinese) (2.2K tons)
- South Korea (1.8K tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Canada
In 2022, approx. 3.7K tons of tube or pipe flanges, other than stainless steels were exported from Canada; increasing by 88% on 2021. Overall, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe flanges, other than stainless steels soared to $20M in 2022. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.0 | 6.8 | 8.9 | 16.9 | 12.1% |
| India | N/A | N/A | N/A | 0.6 | 0% |
| Mozambique | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Bahrain | 0.1 | 0.2 | 0.4 | 0.2 | 26.0% |
| Others | 1.6 | 2.3 | 2.3 | 1.9 | 5.9% |
| Total | 13.8 | 9.3 | 11.6 | 19.9 | 13.0% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Canada in 2022:
- United States (3121.5 tons)
- India (112.4 tons)
- Mozambique (61.6 tons)
- Bahrain (29.3 tons)
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