Price for Tube or Pipe Flanges, Other than Stainless Steel in Norway - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Norway (CIF) - 2024
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Norway (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Norway
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Norway
Price for Tube or Pipe Flanges, Other than Stainless Steel in Norway (CIF) - 2024
The average import price for tube or pipe flanges, other than stainless steels stood at $14,002 per ton in May 2024, rising by 1.5% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2023 when the average import price increased by 44% against the previous month. Over the period under review, average import prices attained the peak figure at $18,281 per ton in June 2023; however, from July 2023 to May 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($39,372 per ton), while the price for Germany ($6,038 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by China (+6.5%), 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 Norway (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $28,780 per ton in 2022, which is down by -11.2% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2021 when the average export price increased by 23% against the previous year. The export price peaked at $43,996 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($55,172 per ton), while the average price for exports to Namibia ($8,616 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 Italy (+3.7%), 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 Norway
In 2022, overseas purchases of tube or pipe flanges, other than stainless steels were finally on the rise to reach 1.6K tons after two years of decline. Overall, imports, however, recorded a perceptible contraction.
In value terms, imports of tube or pipe flanges, other than stainless steels expanded remarkably to $17M in 2022. Over the period under review, imports, however, recorded a pronounced contraction.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.5 | 3.6 | 4.7 | 6.3 | 4.6% |
| Italy | 6.4 | 3.0 | 3.8 | 2.8 | -24.1% |
| China | 1.3 | 1.2 | 1.2 | 1.9 | 13.5% |
| Germany | 1.2 | 0.9 | 1.0 | 1.5 | 7.7% |
| Denmark | 0.6 | 0.5 | 0.4 | 0.6 | 0.0% |
| Spain | 0.9 | 0.8 | 0.7 | 0.5 | -17.8% |
| Poland | 0.4 | 0.3 | 0.2 | 0.2 | -20.6% |
| Others | 2.8 | 3.1 | 2.5 | 3.0 | 2.3% |
| Total | 19.0 | 13.4 | 14.7 | 16.8 | -4.0% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Norway in 2022:
- China (493.3 tons)
- Italy (314.3 tons)
- Germany (230.3 tons)
- United Kingdom (178.8 tons)
- Denmark (84.5 tons)
- Spain (50.0 tons)
- Poland (34.2 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Norway
In 2022, shipments abroad of tube or pipe flanges, other than stainless steels increased by 47% to 164 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a drastic downturn.
In value terms, exports of tube or pipe flanges, other than stainless steels skyrocketed to $4.7M in 2022. In general, exports, however, recorded a deep slump.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 851 | 838 | 440 | 994 | 5.3% |
| Italy | 61.8 | 118 | 50.3 | 570 | 109.7% |
| Poland | 659 | 247 | 291 | 394 | -15.8% |
| France | 394 | 198 | 216 | 389 | -0.4% |
| Denmark | 326 | 182 | 73.6 | 271 | -6.0% |
| China | 106 | 13.4 | 661 | 221 | 27.8% |
| Thailand | 766 | 105 | 237 | 192 | -36.9% |
| Spain | 244 | 37.2 | 49.4 | 177 | -10.1% |
| Sweden | 535 | 69.3 | 53.2 | 175 | -31.1% |
| Turkey | 5.3 | 33.3 | 76.3 | 141 | 198.5% |
| Netherlands | 41.1 | 86.9 | 62.6 | 136 | 49.0% |
| Lithuania | 14.3 | N/A | N/A | 103 | 93.1% |
| Namibia | N/A | N/A | N/A | 30.6 | 0% |
| Others | 2,888 | 2,567 | 1,419 | 939 | -31.2% |
| Total | 6,892 | 4,496 | 3,628 | 4,732 | -11.8% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Norway in 2022:
- United Kingdom (38.6 tons)
- Denmark (21.7 tons)
- Poland (16.6 tons)
- France (15.1 tons)
- Italy (10.7 tons)
- Sweden (9.7 tons)
- Thailand (7.4 tons)
- Lithuania (6.2 tons)
- China (5.7 tons)
- Netherlands (4.5 tons)
- Turkey (4.2 tons)
- Namibia (3.6 tons)
- Spain (3.2 tons)
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