Price for Tube or Pipe Flanges, Other than Stainless Steel in Mexico - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Mexico (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Mexico (FOB) - 2024
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Mexico
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Mexico
Price for Tube or Pipe Flanges, Other than Stainless Steel in Mexico (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $5,123 per ton, rising by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price reached 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 Japan ($12,882 per ton), while the price for China ($2,737 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.8%), 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 Mexico (FOB) - 2024
The average export price for tube or pipe flanges, other than stainless steels stood at $5,462 per ton in April 2024, reducing by -6.2% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 31% against the previous month. Over the period under review, the average export prices reached the peak figure at $8,179 per ton in July 2023; however, from August 2023 to April 2024, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From April 2023 to April 2024, the rate of growth in terms of prices for the United States amounted to -0.9% per month.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Mexico
Imports of tube or pipe flanges, other than stainless steels into Mexico amounted to 16K tons in 2022, leveling off at the previous year's figure. Overall, imports, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.
In value terms, imports of tube or pipe flanges, other than stainless steels surged to $81M in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.7 | 28.4 | 28.2 | 32.7 | 3.3% |
| China | 19.8 | 13.4 | 16.3 | 24.8 | 7.8% |
| India | 6.3 | 5.4 | 6.2 | 7.9 | 7.8% |
| South Korea | 6.1 | 3.0 | 8.0 | 5.2 | -5.2% |
| Italy | 1.5 | 1.6 | 1.5 | 3.8 | 36.3% |
| Taiwan (Chinese) | 0.5 | 0.8 | 2.1 | 0.5 | 0.0% |
| Japan | 7.9 | 2.9 | 0.2 | 0.4 | -63.0% |
| Others | 7.3 | 6.3 | 4.4 | 5.8 | -7.4% |
| Total | 79.1 | 61.9 | 66.8 | 81.0 | 0.8% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Mexico in 2022:
- China (9.0K tons)
- United States (3.1K tons)
- India (1.7K tons)
- South Korea (1.0K tons)
- Italy (0.5K tons)
- Taiwan (Chinese) (0.1K tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Mexico
In 2022, exports of tube or pipe flanges, other than stainless steels from Mexico reduced remarkably to 671 tons, waning by -27.6% against the previous year's figure. Over the period under review, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 1.7% against the previous year.
In value terms, exports of tube or pipe flanges, other than stainless steels declined to $4.4M in 2022. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 0.9%.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.4 | 4.3 | 4.8 | 4.2 | -17.2% |
| Colombia | 0.1 | 0.4 | 0.2 | N/A | 41.4% |
| Others | 0.8 | 0.3 | N/A | 0.2 | -37.0% |
| Total | 8.3 | 5.0 | 5.0 | 4.4 | -19.1% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Mexico in 2022:
- United States (654.7 tons)
- Colombia (2.1 tons)
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