Price for Tube or Pipe Flanges, Other than Stainless Steel in Iraq - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Iraq (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Iraq (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Iraq
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Iraq
Price for Tube or Pipe Flanges, Other than Stainless Steel in Iraq (CIF) - 2022
The average import price for tube or pipe flanges, other than stainless steels stood at $4,328 per ton in 2022, surging by 54% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 +65.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($16,870 per ton), while the price for Spain ($1,582 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.1%), 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 Iraq (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $2,370 per ton in 2021, picking up by 19% against the previous year. Over the period under review, the export price showed a pronounced expansion. The most prominent rate of growth was recorded in 2013 an increase of 789% against the previous year. Over the period under review, the average export prices attained the peak figure at $27,923 per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +4.7% per year.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Iraq
In 2022, supplies from abroad of tube or pipe flanges, other than stainless steels increased by 90% to 5.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.3% 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.
In value terms, imports of tube or pipe flanges, other than stainless steels soared to $24M in 2022. In general, imports enjoyed a resilient increase. 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 Iraq (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.3 | 4.8 | 3.8 | 17.9 | 24.4% |
Italy | 2.7 | 2.5 | 1.7 | 3.0 | 3.6% |
Turkey | 0.5 | 0.7 | 0.8 | 1.0 | 26.0% |
India | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
South Korea | 3.9 | 0.2 | 0.1 | 0.3 | -57.5% |
Spain | 0.6 | 0.5 | 0.4 | 0.3 | -20.6% |
Others | 1.0 | 1.1 | 1.1 | 1.4 | 11.9% |
Total | 18.4 | 10.0 | 8.3 | 24.4 | 9.9% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Iraq in 2022:
- China (4303.8 tons)
- Italy (645.8 tons)
- Spain (212.1 tons)
- Turkey (190.8 tons)
- India (112.8 tons)
- South Korea (28.1 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Iraq
Exports of tube or pipe flanges, other than stainless steels from Iraq surged to 573 kg in 2021, rising by 27% on 2020. The total export volume increased at an average annual rate of +27.3% over the period from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe flanges, other than stainless steels skyrocketed to $1.4K in 2021. In general, total exports indicated significant growth from 2020 to 2021: its value increased at an average annual rate of +51.9% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Tube or Pipe Flanges, Other than Stainless Steel in Iraq (Thousand USD) | |||
---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
Turkey | N/A | 1.4 | 0% |
Iran | 0.9 | N/A | 0% |
Others | N/A | N/A | 0% |
Total | 0.9 | 1.4 | 55.6% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Iraq in 2022:
- Turkey (573.0 kg)
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