Price for Tube or Pipe Flanges, Other than Stainless Steel in Finland - 2024

Contents:

  1. Price for Tube or Pipe Flanges, Other than Stainless Steel in Finland (CIF) - 2022
  2. Price for Tube or Pipe Flanges, Other than Stainless Steel in Finland (FOB) - 2022
  3. Imports of Tube or Pipe Flanges, Other than Stainless Steel in Finland
  4. Exports of Tube or Pipe Flanges, Other than Stainless Steel in Finland

Price for Tube or Pipe Flanges, Other than Stainless Steel in Finland (CIF) - 2022

The average import price for tube or pipe flanges, other than stainless steels stood at $4,623 per ton in 2022, growing by 16% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 increased by +63.0% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 25%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($10,282 per ton), while the price for China ($2,422 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.4%), 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 Finland (FOB) - 2022

In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $29,676 per ton, increasing by 22% against the previous year. In general, the export price showed a significant expansion. The growth pace was the most rapid in 2016 when the average export price increased by 93%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($41,752 per ton), while the average price for exports to Latvia ($3,944 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 Russia (+17.3%), 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 Finland

In 2022, after two years of decline, there was significant growth in overseas purchases of tube or pipe flanges, other than stainless steels, when their volume increased by 50% to 2.6K tons. Overall, imports, however, saw a relatively flat trend pattern.

In value terms, imports of tube or pipe flanges, other than stainless steels soared to $12M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark2.02.52.03.823.9%
Germany2.32.32.93.515.0%
Poland0.30.40.71.571.0%
Netherlands1.00.50.31.26.3%
Italy0.80.80.20.80.0%
Sweden0.20.20.30.535.7%
China1.30.60.20.3-38.7%
Others0.30.60.30.410.1%
Total8.27.87.012.113.8%

Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Finland in 2022:

  1. Denmark (1080.7 tons)
  2. Germany (818.3 tons)
  3. Poland (212.0 tons)
  4. Netherlands (163.0 tons)
  5. China (129.5 tons)
  6. Italy (116.7 tons)
  7. Sweden (45.8 tons)

Exports of Tube or Pipe Flanges, Other than Stainless Steel in Finland

In 2022, exports of tube or pipe flanges, other than stainless steels from Finland reduced sharply to 75 tons, declining by -28.2% on 2021. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 137%. As a result, the exports reached the peak of 104 tons, and then contracted sharply in the following year.

In value terms, exports of tube or pipe flanges, other than stainless steels dropped to $2.2M in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 317%. As a result, the exports reached the peak of $2.5M, and then declined in the following year.

Export of Tube or Pipe Flanges, Other than Stainless Steel in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands18.949.91,2891,618340.7%
Russia89.51392321024.5%
Estonia41.645.557.058.712.2%
Sweden63.128.524.946.4-9.7%
Kazakhstan1.42.143.423.6156.4%
Denmark2.01.0N/A15.999.6%
Uruguay13.831.450514.31.2%
Lithuania16.421.911.59.7-16.1%
Latvia13.07.312.53.9-33.1%
Others22127734331913.0%
Total4806042,5182,21166.4%

Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Finland in 2022:

  1. Netherlands (38.8 tons)
  2. Estonia (13.4 tons)
  3. Russia (5.1 tons)
  4. Sweden (3.1 tons)
  5. Denmark (2.8 tons)
  6. Lithuania (1.8 tons)
  7. Kazakhstan (1.6 tons)
  8. Latvia (1.0 tons)
  9. Uruguay (0.8 tons)

Source: IndexBox Market Intelligence Platform

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