Price for Tube or Pipe Flanges, Other than Stainless Steel in Italy - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Italy (FOB) - 2024
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Italy (CIF) - 2022
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Italy
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Italy
Price for Tube or Pipe Flanges, Other than Stainless Steel in Italy (FOB) - 2024
The average export price for tube or pipe flanges, other than stainless steels stood at $7,089 per ton in March 2024, jumping by 56% against the previous month. Over the period from March 2023 to March 2024, it increased at an average monthly rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was Iraq ($22,998 per ton), while the average price for exports to the United States ($2,400 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Italy (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $2,511 per ton, picking up by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 Germany ($4,354 per ton), while the price for India ($2,121 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Italy
After two years of decline, overseas shipments of tube or pipe flanges, other than stainless steels increased by 0.6% to 86K tons in 2022. Over the period under review, exports, however, showed a abrupt setback.
In value terms, exports of tube or pipe flanges, other than stainless steels expanded remarkably to $355M in 2022. Overall, exports, however, saw a relatively flat trend pattern.
Export of Tube or Pipe Flanges, Other than Stainless Steel in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 43.5 | 43.2 | 54.9 | 44.4 | 0.7% |
United States | 27.8 | 21.0 | 24.9 | 37.4 | 10.4% |
Germany | 35.3 | 24.0 | 25.6 | 34.5 | -0.8% |
United Arab Emirates | 33.5 | 25.4 | 23.0 | 21.9 | -13.2% |
Canada | 15.1 | 8.1 | 9.0 | 19.5 | 8.9% |
Netherlands | 13.7 | 13.4 | 10.0 | 17.0 | 7.5% |
United Kingdom | 25.5 | 17.3 | 12.4 | 14.5 | -17.2% |
France | 12.8 | 8.8 | 13.5 | 13.4 | 1.5% |
Turkey | 3.2 | 2.8 | 5.8 | 11.6 | 53.6% |
Egypt | 2.8 | 7.2 | 4.9 | 9.6 | 50.8% |
Spain | 9.8 | 10.2 | 8.8 | 8.7 | -3.9% |
Poland | 3.4 | 3.4 | 5.5 | 6.8 | 26.0% |
Czech Republic | 5.2 | 3.9 | 3.7 | 5.6 | 2.5% |
Others | 123 | 140 | 115 | 110 | -3.7% |
Total | 355 | 329 | 317 | 355 | 0.0% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Italy in 2022:
- United States (14.7K tons)
- Saudi Arabia (10.1K tons)
- Germany (9.1K tons)
- United Arab Emirates (6.7K tons)
- Canada (5.5K tons)
- Netherlands (3.6K tons)
- France (3.2K tons)
- Turkey (3.0K tons)
- United Kingdom (2.9K tons)
- Spain (2.4K tons)
- Czech Republic (1.8K tons)
- Poland (1.8K tons)
- Egypt (1.7K tons)
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Italy
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 39% to 23K tons. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 skyrocketed to $58M in 2022. In general, imports recorded a buoyant expansion. 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 Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 22.6 | 18.1 | 23.3 | 37.1 | 18.0% |
Slovenia | 2.4 | 1.8 | 2.6 | 8.3 | 51.2% |
Germany | 2.5 | 2.3 | 2.6 | 2.8 | 3.8% |
India | 0.4 | N/A | 0.8 | 1.1 | 40.1% |
Others | 8.9 | 7.4 | 8.6 | 8.9 | 0.0% |
Total | 36.8 | 29.7 | 37.9 | 58.2 | 16.5% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Italy in 2022:
- China (17.1K tons)
- Slovenia (3.2K tons)
- Germany (0.6K tons)
- India (0.5K tons)
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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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