Price for Tube or Pipe Flanges, Other than Stainless Steel in New Zealand - 2024

Contents:

  1. Price for Tube or Pipe Flanges, Other than Stainless Steel in New Zealand (CIF) - 2022
  2. Price for Tube or Pipe Flanges, Other than Stainless Steel in New Zealand (FOB) - 2022
  3. Imports of Tube or Pipe Flanges, Other than Stainless Steel in New Zealand
  4. Exports of Tube or Pipe Flanges, Other than Stainless Steel in New Zealand

Price for Tube or Pipe Flanges, Other than Stainless Steel in New Zealand (CIF) - 2022

The average import price for tube or pipe flanges, other than stainless steels stood at $4,801 per ton in 2022, surging by 7.1% against the previous year. In general, the import price continues to indicate modest growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34% against the previous year. Over the period under review, average import prices attained the peak figure at $5,297 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($16,000 per ton), while the price for China ($3,635 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.8%), 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 New Zealand (FOB) - 2022

In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $18,298 per ton, increasing by 27% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +10.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 105% against the previous year. Over the period under review, the average export prices reached the peak figure at $21,490 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($50,760 per ton), while the average price for exports to Fiji ($12,947 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 Papua New Guinea (+19.7%), 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 New Zealand

In 2022, the amount of tube or pipe flanges, other than stainless steels imported into New Zealand fell to 1.1K tons, waning by -3.4% against the year before. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, imports attained the peak of 1.1K tons, and then declined modestly in the following year.

In value terms, imports of tube or pipe flanges, other than stainless steels expanded slightly to $5.3M in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 108% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Tube or Pipe Flanges, Other than Stainless Steel in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7921,1552,3113,40323.8%
Australia5022661,0635664.1%
United Kingdom23013721934314.2%
Italy19324318127913.1%
United States237173267207-4.4%
South Korea150180504133-3.9%
Others448311586374-5.8%
Total3,5512,4665,1295,30714.3%

Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to New Zealand in 2022:

  1. China (936.2 tons)
  2. Australia (59.7 tons)
  3. Italy (31.1 tons)
  4. United Kingdom (26.7 tons)
  5. South Korea (12.5 tons)
  6. United States (8.2 tons)

Exports of Tube or Pipe Flanges, Other than Stainless Steel in New Zealand

After two years of decline, shipments abroad of tube or pipe flanges, other than stainless steels increased by 32% to 35 tons in 2022. Overall, exports, however, faced a dramatic decrease.

In value terms, exports of tube or pipe flanges, other than stainless steels skyrocketed to $632K in 2022. In general, exports, however, continue to indicate a sharp curtailment.

Export of Tube or Pipe Flanges, Other than Stainless Steel in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2,3781,346148333-48.1%
Fiji1581221292018.4%
United States14396.30.529.0-41.2%
SingaporeN/A1.40.114.7224.0%
Others77.810399.754.5-11.2%
Total2,7571,669377632-38.8%

Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from New Zealand in 2022:

  1. Australia (16.1 tons)
  2. Fiji (15.5 tons)
  3. Singapore (0.9 tons)
  4. United States (0.6 tons)

Source: IndexBox Market Intelligence Platform

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