Price for Tube or Pipe Flanges, Other than Stainless Steel in Colombia - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Colombia (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Colombia (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Colombia
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Colombia
Price for Tube or Pipe Flanges, Other than Stainless Steel in Colombia (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $3,395 per ton, rising by 32% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $3,430 per ton in 2013; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,318 per ton), while the price for Spain ($2,039 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Colombia (FOB) - 2022
In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $5,162 per ton, declining by -10.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 67% against the previous year. As a result, the export price attained the peak level of $9,638 per ton. From 2016 to 2022, the average export prices remained 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 Peru ($10,778 per ton), while the average price for exports to the United States ($3,558 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 Ecuador (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Colombia
In 2022, the amount of tube or pipe flanges, other than stainless steels imported into Colombia skyrocketed to 3.3K tons, jumping by 37% compared with the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern.
In value terms, imports of tube or pipe flanges, other than stainless steels skyrocketed to $11M in 2022. Over the period under review, imports posted a perceptible expansion. 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 Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 1.9 | 2.4 | 6.5 | 24.1% |
| United States | 2.7 | 1.5 | 2.0 | 2.0 | -9.5% |
| Germany | 0.2 | 0.4 | 0.2 | 0.6 | 44.2% |
| Italy | 1.1 | 0.3 | 0.4 | 0.5 | -23.1% |
| India | 0.2 | 0.4 | 0.2 | 0.4 | 26.0% |
| Spain | 1.9 | 0.4 | 0.4 | 0.2 | -52.8% |
| Others | 0.9 | 1.1 | 0.6 | 1.2 | 10.1% |
| Total | 10.5 | 5.9 | 6.2 | 11.3 | 2.5% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Colombia in 2022:
- China (2526.9 tons)
- Germany (165.2 tons)
- Italy (147.9 tons)
- Spain (120.6 tons)
- United States (119.8 tons)
- India (118.4 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Colombia
For the third year in a row, Colombia recorded decline in overseas shipments of tube or pipe flanges, other than stainless steels, which decreased by -36.4% to 41 tons in 2022. In general, exports continue to indicate a significant decline. The smallest decline of -10.7% was in 2020.
In value terms, exports of tube or pipe flanges, other than stainless steels shrank notably to $212K in 2022. Overall, exports saw a dramatic decline. The smallest decline of -14.1% was in 2020.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 5.2 | 74.9 | 105 | 371.8% |
| Ecuador | 472 | 318 | 270 | 96.9 | -41.0% |
| Peru | N/A | 124 | 1.9 | 2.0 | -87.3% |
| Costa Rica | 1.4 | N/A | 16.1 | N/A | 239.1% |
| Others | 89.8 | 37.3 | 7.2 | 7.9 | -55.5% |
| Total | 564 | 485 | 370 | 212 | -27.8% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Colombia in 2022:
- United States (29.5 tons)
- Ecuador (10.9 tons)
- Peru (0.2 tons)
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