Price for Tube or Pipe Flanges, Other than Stainless Steel in Denmark - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Denmark (CIF) - 2024
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Denmark (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Denmark
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Denmark
Price for Tube or Pipe Flanges, Other than Stainless Steel in Denmark (CIF) - 2024
The average import price for tube or pipe flanges, other than stainless steels stood at $1,706 per ton in March 2024, growing by 12% against the previous month. In general, the import price, however, showed a deep reduction. The pace of growth was the most pronounced in November 2023 when the average import price increased by 20% against the previous month. Over the period under review, average import prices reached the peak figure at $3,675 per ton in March 2023; however, from April 2023 to March 2024, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to March 2024, the rate of growth in terms of prices for Germany amounted to +2.6% per month.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Denmark (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $3,420 per ton in 2022, jumping by 22% against the previous year. In general, the export price, however, recorded a pronounced shrinkage. The export price peaked at $4,498 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 the UK ($10,886 per ton), while the average price for exports to France ($2,723 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 the UK (+4.6%), 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 Denmark
In 2022, the amount of tube or pipe flanges, other than stainless steels imported into Denmark expanded remarkably to 13K tons, picking up by 6% on the previous year's figure. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 29%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of tube or pipe flanges, other than stainless steels rose remarkably to $36M in 2022. The total import value increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Tube or Pipe Flanges, Other than Stainless Steel in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.8 | 10.4 | 18.8 | 25.7 | 37.9% |
Germany | 2.6 | 2.9 | 3.9 | 2.5 | -1.3% |
Italy | 1.3 | 2.3 | 2.0 | 1.8 | 11.5% |
Poland | 1.0 | 2.3 | 3.7 | 1.7 | 19.3% |
United Kingdom | 6.9 | 6.2 | 0.5 | 0.8 | -51.2% |
Others | 3.7 | 4.1 | 4.3 | 3.2 | -4.7% |
Total | 25.3 | 28.2 | 33.2 | 35.6 | 12.1% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Denmark in 2022:
- China (12.0K tons)
- Italy (0.5K tons)
- Germany (0.3K tons)
- Poland (0.2K tons)
- United Kingdom (0.1K tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Denmark
In 2022, approx. 8.9K tons of tube or pipe flanges, other than stainless steels were exported from Denmark; growing by 1.6% against the year before. The total export volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of tube or pipe flanges, other than stainless steels soared to $30M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
Export of Tube or Pipe Flanges, Other than Stainless Steel in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.5 | 4.9 | 8.5 | 12.2 | 39.4% |
Finland | 2.3 | 2.4 | 3.0 | 3.8 | 18.2% |
Sweden | 2.2 | 2.4 | 3.3 | 2.7 | 7.1% |
Netherlands | 1.1 | 1.0 | 1.7 | 1.7 | 15.6% |
Norway | 1.1 | 1.1 | 1.0 | 1.3 | 5.7% |
Belgium | 0.5 | 0.9 | 1.3 | 1.1 | 30.1% |
Austria | 0.7 | 0.8 | 0.8 | 1.0 | 12.6% |
Poland | 0.3 | 0.4 | 0.7 | 0.9 | 44.2% |
Switzerland | 1.2 | 0.7 | 0.7 | 0.6 | -20.6% |
Others | 4.5 | 3.9 | 3.4 | 5.2 | 4.9% |
Total | 18.4 | 18.5 | 24.5 | 30.5 | 18.3% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Denmark in 2022:
- Germany (4325.3 tons)
- Finland (1169.0 tons)
- Sweden (724.5 tons)
- Netherlands (572.1 tons)
- Belgium (364.4 tons)
- Norway (354.3 tons)
- Austria (349.0 tons)
- Poland (317.7 tons)
- Switzerland (213.5 tons)
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