Price for Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia
Price for Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $3,569 per ton, with a decrease of -12% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe flanges, other than stainless steels decreased by -26.4% against 2019 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 77%. The import price peaked at $5,275 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
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 Italy ($16,834 per ton), while the price for Israel ($1,134 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $19,432 per ton in 2022, with a decrease of -15.2% against the previous year. Over the period under review, the export price, however, saw resilient growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 153% against the previous year. As a result, the export price reached the peak level of $27,060 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +8.3% per year.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia
In 2022, overseas purchases of tube or pipe flanges, other than stainless steels decreased by -76.9% to 38 tons, falling for the second consecutive year after two years of growth. In general, imports saw a pronounced reduction. The growth pace was the most rapid in 2020 when imports increased by 378% against the previous year. As a result, imports reached the peak of 205 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tube or pipe flanges, other than stainless steels plummeted to $135K in 2022. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 301% against the previous year. As a result, imports attained the peak of $834K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 75.6 | 492 | 408 | 96.7 | 8.6% |
India | 6.7 | 12.0 | 50.0 | 7.9 | 5.6% |
France | 70.9 | 119 | 82.7 | 6.2 | -55.6% |
Turkey | 0.5 | 2.9 | 5.5 | 3.0 | 81.7% |
Italy | 15.5 | 121 | 11.6 | 3.0 | -42.2% |
Israel | 1.6 | 5.8 | 7.3 | 1.7 | 2.0% |
Others | 37.1 | 82.2 | 98.8 | 16.4 | -23.8% |
Total | 208 | 834 | 664 | 135 | -13.4% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Ethiopia in 2022:
- China (26.5 tons)
- India (6.3 tons)
- Israel (1.5 tons)
- Turkey (0.8 tons)
- France (0.6 tons)
- Italy (0.2 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia
In 2022, overseas shipments of tube or pipe flanges, other than stainless steels decreased by -31.4% to 273 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 66%. As a result, the exports reached the peak of 965 kg. 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 contracted dramatically to $5.3K in 2022. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of -23.7% was in 2021.
Export of Tube or Pipe Flanges, Other than Stainless Steel in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.7 | 9.0 | 9.1 | 5.3 | 96.4% |
Niger | 8.8 | N/A | N/A | N/A | 0% |
Belgium | N/A | 3.0 | N/A | N/A | 0% |
Others | 6.2 | N/A | N/A | N/A | 0% |
Total | 15.7 | 12.0 | 9.1 | 5.3 | -30.4% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Ethiopia in 2022:
- United Arab Emirates (273.0 kg)
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