Price for Tube or Pipe Flanges, Other than Stainless Steel in Portugal - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Portugal (CIF) - 2024
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Portugal (FOB) - 2024
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Portugal
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Portugal
Price for Tube or Pipe Flanges, Other than Stainless Steel in Portugal (CIF) - 2024
The average import price for tube or pipe flanges, other than stainless steels stood at $3,100 per ton in March 2024, shrinking by -55.3% against the previous month. In general, the import price saw a abrupt contraction. The growth pace was the most rapid in June 2023 an increase of 125% m-o-m. The import price peaked at $12,665 per ton in July 2023; however, from August 2023 to March 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($23,656 per ton), while the price for China ($1,391 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Turkey (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Portugal (FOB) - 2024
The average export price for tube or pipe flanges, other than stainless steels stood at $15,335 per ton in March 2024, with an increase of 12% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2024 when the average export price increased by 70% m-o-m. The export price peaked at $20,241 per ton in May 2023; however, from June 2023 to March 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was Angola ($26,964 per ton), while the average price for exports to Cabo Verde ($1,865 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 Germany (+7.0%), 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 Portugal
In 2022, approx. 1.4K tons of tube or pipe flanges, other than stainless steels were imported into Portugal; with a decrease of -56.2% on the previous year. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of 3.2K tons, and then dropped rapidly in the following year.
In value terms, imports of tube or pipe flanges, other than stainless steels fell sharply to $9.2M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 +18.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43%. As a result, imports reached the peak of $12M, and then contracted dramatically in the following year.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.0 | 2.8 | 3.3 | 4.3 | 12.7% |
| Spain | 2.0 | 2.6 | 3.6 | 2.3 | 4.8% |
| Italy | 1.0 | 0.6 | 0.6 | 1.1 | 3.2% |
| China | 0.8 | 0.5 | 2.2 | 0.8 | 0.0% |
| Germany | 0.3 | 0.1 | 0.8 | 0.3 | 0.0% |
| South Korea | 0.2 | 0.9 | 0.6 | N/A | 73.2% |
| France | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Others | 0.3 | 0.4 | 0.6 | 0.4 | 10.1% |
| Total | 7.8 | 8.1 | 11.7 | 9.2 | 5.7% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Portugal in 2022:
- Spain (500.7 tons)
- China (363.2 tons)
- Italy (254.0 tons)
- Turkey (178.9 tons)
- Germany (58.3 tons)
- France (3.6 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Portugal
In 2022, after two years of decline, there was significant growth in shipments abroad of tube or pipe flanges, other than stainless steels, when their volume increased by 72% to 189 tons. In general, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe flanges, other than stainless steels skyrocketed to $2.2M in 2022. Overall, exports saw a buoyant 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 Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 912 | 680 | 760 | 1,591 | 20.4% |
| France | 294 | 9.2 | 9.7 | 237 | -6.9% |
| Angola | 72.4 | 145 | 152 | 144 | 25.8% |
| Germany | 4.1 | 4.9 | 3.1 | 35.7 | 105.7% |
| Qatar | 3.3 | N/A | N/A | 32.6 | 114.6% |
| Cabo Verde | 11.4 | 12.6 | 8.0 | 27.5 | 34.1% |
| Brazil | N/A | 77.3 | 9.7 | 17.3 | -52.7% |
| Saint Lucia | N/A | N/A | 196 | N/A | 0% |
| Poland | 21.2 | 195 | N/A | N/A | 819.8% |
| Others | 149 | 149 | 88.4 | 107 | -10.4% |
| Total | 1,467 | 1,273 | 1,227 | 2,193 | 14.3% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Portugal in 2022:
- Spain (116.2 tons)
- France (22.9 tons)
- Angola (16.9 tons)
- Qatar (6.7 tons)
- Germany (5.9 tons)
- Cabo Verde (5.0 tons)
- Brazil (2.4 tons)
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