Price for Tube or Pipe Flanges, Other than Stainless Steel in Egypt - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Egypt (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Egypt (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Egypt
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Egypt
Price for Tube or Pipe Flanges, Other than Stainless Steel in Egypt (CIF) - 2022
The average import price for tube or pipe flanges, other than stainless steels stood at $6,373 per ton in 2022, surging by 16% against the previous year. Over the period under review, the import price showed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($6,373 per ton) and Indonesia ($6,373 per ton), while the price for Spain ($6,372 per ton) and Italy ($6,373 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.5%), 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 Egypt (FOB) - 2022
In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $5,430 per ton, increasing by 14% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $5,485 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +0.9% per year.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Egypt
In 2022, imports of tube or pipe flanges, other than stainless steels into Egypt skyrocketed to 2.1K tons, jumping by 39% against the previous year. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe flanges, other than stainless steels skyrocketed to $14M in 2022. Overall, imports recorded significant 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 Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,107 | 1,209 | 2,599 | 6,582 | 81.2% |
| China | 2,843 | 2,382 | 2,228 | 4,834 | 19.4% |
| South Korea | 47.9 | 1.4 | 177 | 475 | 114.8% |
| Germany | 234 | 527 | 669 | 386 | 18.2% |
| Indonesia | 646 | 55.6 | 201 | 248 | -27.3% |
| India | 81.9 | 108 | 445 | 141 | 19.9% |
| United Kingdom | 672 | 224 | 135 | 99.3 | -47.1% |
| United States | 699 | 85.3 | 218 | 55.7 | -57.0% |
| Greece | 0.4 | N/A | 553 | 54.0 | 413.0% |
| Others | 631 | 732 | 1,260 | 772 | 7.0% |
| Total | 6,963 | 5,325 | 8,484 | 13,646 | 25.1% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Egypt in 2022:
- Italy (1032.8 tons)
- China (758.6 tons)
- South Korea (74.5 tons)
- Germany (60.6 tons)
- Indonesia (38.9 tons)
- India (22.1 tons)
- United Kingdom (15.6 tons)
- United States (8.7 tons)
- Greece (8.5 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Egypt
In 2022, the amount of tube or pipe flanges, other than stainless steels exported from Egypt skyrocketed to 33 tons, increasing by 232% on 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 4,049% against the previous year. Over the period under review, the exports of attained the maximum in 2022 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 $177K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 3,498%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Egypt (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Saudi Arabia | 1.3 | N/A | 177 | 1066.8% |
| Belgium | N/A | 44.8 | N/A | 0% |
| Others | N/A | 2.0 | 0.1 | -95.0% |
| Total | 1.3 | 46.8 | 177 | 1066.8% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Egypt in 2022:
- Saudi Arabia (32.6 tons)
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