Price for Tube or Pipe Flanges, Other than Stainless Steel in Kuwait - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Kuwait (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Kuwait (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Kuwait
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Kuwait
Price for Tube or Pipe Flanges, Other than Stainless Steel in Kuwait (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $3,290 per ton, approximately equating the previous year. Overall, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $4,046 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($3,429 per ton) and the United Arab Emirates ($3,429 per ton), while the price for India ($2,824 per ton) and Romania ($3,161 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), 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 Kuwait (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $1,918 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 90% against the previous year. Over the period under review, the average export prices attained the maximum at $2,967 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($13,153 per ton), while the average price for exports to Iraq ($528 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 Oman (+6.6%), 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 Kuwait
In 2022, the amount of tube or pipe flanges, other than stainless steels imported into Kuwait surged to 4.6K tons, with an increase of 44% against 2021. Over the period under review, imports, however, saw a drastic downturn.
In value terms, imports of tube or pipe flanges, other than stainless steels skyrocketed to $15M in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.3 | 3.7 | 1.7 | 5.0 | -15.5% |
| Italy | 8.6 | 2.6 | 1.2 | 3.4 | -26.6% |
| India | 0.7 | 1.3 | 2.0 | 3.4 | 69.4% |
| South Korea | 3.4 | 1.0 | 4.1 | 0.9 | -35.8% |
| Spain | 0.6 | 0.2 | 0.1 | 0.7 | 5.3% |
| Romania | 0.2 | N/A | 0.1 | 0.3 | 14.5% |
| United Arab Emirates | 0.3 | 0.5 | 0.5 | 0.3 | 0.0% |
| Germany | 0.6 | 0.3 | 0.2 | N/A | -42.3% |
| Others | 1.3 | 1.1 | 0.7 | 1.0 | -8.4% |
| Total | 23.9 | 10.6 | 10.6 | 15.1 | -14.2% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Kuwait in 2022:
- China (1464.6 tons)
- India (1189.2 tons)
- Italy (980.3 tons)
- South Korea (274.9 tons)
- Spain (205.2 tons)
- Romania (110.4 tons)
- United Arab Emirates (98.7 tons)
- Germany (13.0 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Kuwait
Exports of tube or pipe flanges, other than stainless steels from Kuwait surged to 207 tons in 2022, rising by 89% on the year before. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 174% against the previous year. As a result, the exports attained the peak of 235 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tube or pipe flanges, other than stainless steels skyrocketed to $397K in 2022. Over the period under review, exports posted a significant increase. 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 Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 127 | 120 | 122 | 171 | 10.4% |
| India | 2.7 | 120 | 20.0 | 129 | 262.9% |
| China | 8.9 | 8.0 | 7.7 | 10.3 | 5.0% |
| Iraq | 2.3 | 2.8 | 4.6 | 5.3 | 32.1% |
| Qatar | 5.1 | 3.7 | 2.9 | 3.2 | -14.4% |
| United Arab Emirates | 7.4 | 7.5 | 10.6 | 1.6 | -40.0% |
| Others | 12.9 | 31.7 | 41.7 | 77.5 | 81.8% |
| Total | 167 | 294 | 209 | 397 | 33.5% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Kuwait in 2022:
- India (121.1 tons)
- Bahrain (61.3 tons)
- Iraq (10.1 tons)
- China (3.8 tons)
- Qatar (1.5 tons)
- United Arab Emirates (0.5 tons)
574
This report provides an in-depth analysis of the market for iron or steel tube fitting in Kuwait.
1356
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
476
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
450
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
464
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
574
This report provides an in-depth analysis of the market for iron or steel tube fitting in Kuwait.
1356
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
476
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
450
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
464
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
241
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.
3856
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
1484
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...
1179
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...
1295
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
241
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.
3856
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
1484
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...
1179
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...
1295
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
