Price for Tube or Pipe Flanges, Other than Stainless Steel in Iran - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Iran (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Iran (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Iran
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Iran
Price for Tube or Pipe Flanges, Other than Stainless Steel in Iran (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $3,658 per ton, with an increase of 10% against the previous year. In general, the import price, however, continues to indicate a slight contraction. Over the period under review, average import prices hit record highs at $4,511 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($10,205 per ton), while the price for Hong Kong SAR ($1,987 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+26.4%), 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 Iran (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $2,043 per ton in 2022, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2015 when the average export price increased by 24% against the previous year. As a result, the export price attained the peak level of $2,181 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($6,032 per ton), while the average price for exports to Turkey ($253 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 Sri Lanka (+34.5%), 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 Iran
In 2022, imports of tube or pipe flanges, other than stainless steels into Iran amounted to 2K tons, surging by 2.8% on the year before. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of tube or pipe flanges, other than stainless steels expanded rapidly to $7.3M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +57.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Tube or Pipe Flanges, Other than Stainless Steel in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 924 | 264 | 1,480 | 2,631 | 41.7% |
United Arab Emirates | 1,217 | 1,341 | 1,673 | 1,269 | 1.4% |
Spain | 831 | 977 | 1,289 | 1,167 | 12.0% |
South Korea | 967 | 707 | 494 | 1,027 | 2.0% |
Thailand | 271 | 319 | 421 | 381 | 12.0% |
Canada | 378 | 389 | 470 | 357 | -1.9% |
Hong Kong SAR | 80.5 | 195 | 254 | 192 | 33.6% |
Italy | 301 | 331 | 292 | 177 | -16.2% |
Others | 201 | 129 | 102 | 136 | -12.2% |
Total | 5,170 | 4,653 | 6,475 | 7,337 | 12.4% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Iran in 2022:
- China (992.0 tons)
- United Arab Emirates (328.1 tons)
- Spain (232.6 tons)
- South Korea (189.7 tons)
- Hong Kong SAR (96.8 tons)
- Italy (53.2 tons)
- Thailand (45.2 tons)
- Canada (35.0 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Iran
In 2022, the amount of tube or pipe flanges, other than stainless steels exported from Iran rose to 62 tons, surging by 3.8% compared with 2021. Overall, exports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year.
In value terms, exports of tube or pipe flanges, other than stainless steels skyrocketed to $126K in 2022. Over the period under review, exports, however, faced a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year.
Export of Tube or Pipe Flanges, Other than Stainless Steel in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sri Lanka | 49.8 | 35.5 | 78.1 | 70.6 | 12.3% |
Uzbekistan | 3.5 | 3.4 | 2.3 | 18.2 | 73.2% |
China | 52.5 | 10.1 | 13.4 | 14.4 | -35.0% |
Armenia | 0.8 | 0.7 | 1.2 | 13.6 | 157.1% |
Afghanistan | 5.2 | 2.2 | 0.4 | 1.5 | -33.9% |
Oman | 9.0 | 2.5 | 2.2 | 1.2 | -48.9% |
Georgia | 0.1 | 0.1 | 0.1 | 1.0 | 115.4% |
Azerbaijan | 19.6 | 3.2 | 1.0 | 1.0 | -62.9% |
Turkey | 2.6 | 0.9 | 1.0 | 0.9 | -29.8% |
Others | 51.1 | 3.3 | 9.5 | 3.3 | -59.9% |
Total | 194 | 62.0 | 109 | 126 | -13.4% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Iran in 2022:
- China (15.8 tons)
- Sri Lanka (11.7 tons)
- Uzbekistan (11.4 tons)
- Armenia (11.0 tons)
- Turkey (3.7 tons)
- Georgia (2.6 tons)
- Afghanistan (1.6 tons)
- Azerbaijan (1.4 tons)
- Oman (1.1 tons)
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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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