Price for Tube or Pipe Flanges, Other than Stainless Steel in Indonesia - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Indonesia (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Indonesia (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Indonesia
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Indonesia
Price for Tube or Pipe Flanges, Other than Stainless Steel in Indonesia (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $2,278 per ton, falling by -13.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 13% against the previous year. The import price peaked at $2,638 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($4,152 per ton), while the price for China ($1,513 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.5%), 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 Indonesia (FOB) - 2022
In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $3,429 per ton, shrinking by -9.7% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 an increase of 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,316 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($11,239 per ton), while the average price for exports to Malaysia ($1,829 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 Saudi Arabia (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Indonesia
In 2022, purchases abroad of tube or pipe flanges, other than stainless steels was finally on the rise to reach 14K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decline.
In value terms, imports of tube or pipe flanges, other than stainless steels contracted to $32M in 2022. In general, imports, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2.2%.
Import of Tube or Pipe Flanges, Other than Stainless Steel in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 19.5 | 9.6 | 15.6 | 13.6 | -11.3% |
Italy | 4.7 | 8.4 | 4.8 | 6.3 | 10.3% |
South Korea | 2.8 | 11.4 | 6.9 | 6.1 | 29.6% |
Singapore | 3.3 | 2.2 | 2.6 | 0.9 | -35.2% |
Spain | 0.9 | 1.0 | 2.0 | 0.6 | -12.6% |
Others | 5.7 | 2.4 | 3.8 | 4.6 | -6.9% |
Total | 36.9 | 35.0 | 35.8 | 32.1 | -4.5% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Indonesia in 2022:
- China (9.0K tons)
- Italy (2.4K tons)
- South Korea (1.6K tons)
- Singapore (0.2K tons)
- Spain (0.2K tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Indonesia
In 2022, overseas shipments of tube or pipe flanges, other than stainless steels decreased by -32.7% to 1.6K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 31%. As a result, the exports reached the peak of 2.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tube or pipe flanges, other than stainless steels contracted rapidly to $5.4M in 2022. Over the period under review, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, the exports attained the peak of $15M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Tube or Pipe Flanges, Other than Stainless Steel in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 4.1 | 6.8 | 3.4 | 1.7 | -25.4% |
Japan | 0.5 | 0.5 | 0.5 | 0.9 | 21.6% |
Malaysia | 0.3 | 0.1 | 1.4 | 0.8 | 38.7% |
Thailand | 0.8 | 0.4 | 0.5 | 0.6 | -9.1% |
China | N/A | N/A | N/A | 0.4 | 0% |
United States | 0.4 | 0.2 | 0.4 | 0.3 | -9.1% |
Egypt | 0.6 | 0.1 | 0.2 | 0.2 | -30.7% |
United Arab Emirates | 2.7 | 3.0 | 1.3 | 0.1 | -66.7% |
Saudi Arabia | 2.9 | 3.3 | 0.9 | N/A | -44.3% |
Others | 0.2 | 1.0 | 0.2 | 0.4 | 26.0% |
Total | 12.6 | 15.3 | 8.8 | 5.4 | -24.6% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Indonesia in 2022:
- Singapore (484.7 tons)
- Malaysia (442.7 tons)
- Japan (199.7 tons)
- China (135.8 tons)
- United States (79.6 tons)
- Thailand (51.9 tons)
- Egypt (49.2 tons)
- United Arab Emirates (34.3 tons)
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
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