Price for Tube or Pipe Flanges, Other than Stainless Steel in Romania - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Romania (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Romania (FOB) - 2024
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Romania
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Romania
Price for Tube or Pipe Flanges, Other than Stainless Steel in Romania (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $4,442 per ton, shrinking by -11.8% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe flanges, other than stainless steels decreased by -5.2% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 58% against the previous year. Over the period under review, average import prices hit record highs at $5,039 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($17,336 per ton), while the price for China ($2,531 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), 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 Romania (FOB) - 2024
The average export price for tube or pipe flanges, other than stainless steels stood at $14,271 per ton in March 2024, picking up by 61% against the previous month. Overall, the export price saw a tangible increase. The growth pace was the most rapid in June 2023 an increase of 115% month-to-month. Over the period under review, the average export prices reached the maximum at $16,714 per ton in August 2023; however, from September 2023 to March 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bahrain ($49,070 per ton), while the average price for exports to Saudi Arabia ($7,632 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 Bahrain (+44.5%), 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 Romania
In 2022, approx. 3.8K tons of tube or pipe flanges, other than stainless steels were imported into Romania; increasing by 23% against 2021. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe flanges, other than stainless steels expanded significantly to $17M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Tube or Pipe Flanges, Other than Stainless Steel in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 4.0 | 4.1 | 5.4 | 5.9 | 13.8% |
China | 3.0 | 2.4 | 3.3 | 4.7 | 16.1% |
Germany | 2.5 | 2.8 | 3.3 | 3.3 | 9.7% |
Poland | 0.2 | 0.3 | 0.6 | 0.9 | 65.1% |
South Korea | 0.4 | 0.6 | 0.9 | N/A | 50.0% |
Others | 2.4 | 2.5 | 2.0 | 2.1 | -4.4% |
Total | 12.5 | 12.7 | 15.6 | 16.9 | 10.6% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Romania in 2022:
- China (1863.7 tons)
- Italy (1015.6 tons)
- Germany (412.4 tons)
- Poland (321.3 tons)
- South Korea (7.1 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Romania
In 2022, shipments abroad of tube or pipe flanges, other than stainless steels increased by 29% to 3.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt decrease.
In value terms, exports of tube or pipe flanges, other than stainless steels skyrocketed to $15M in 2022. Over the period under review, exports, however, recorded a deep setback.
Export of Tube or Pipe Flanges, Other than Stainless Steel in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 0.1 | 2.8 | 4.9 | 6.9 | 310.2% |
United States | 9.8 | 2.9 | 1.6 | 2.9 | -33.4% |
South Korea | N/A | 1.1 | 1.3 | 1.1 | 0.0% |
India | 0.2 | 0.2 | N/A | 0.5 | 35.7% |
Germany | 0.9 | 0.3 | 0.8 | 0.4 | -23.7% |
Italy | 0.8 | 0.5 | 0.3 | 0.3 | -27.9% |
United Kingdom | 6.7 | 4.4 | 0.1 | 0.2 | -69.0% |
Hungary | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Kuwait | 0.1 | N/A | N/A | 0.2 | 26.0% |
United Arab Emirates | 1.2 | 0.4 | 0.2 | N/A | -59.2% |
Others | 3.9 | 3.6 | 1.9 | 2.1 | -18.6% |
Total | 24.0 | 16.2 | 11.2 | 14.9 | -14.7% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Romania in 2022:
- Saudi Arabia (2013.0 tons)
- United States (762.9 tons)
- South Korea (175.5 tons)
- Italy (92.0 tons)
- India (88.6 tons)
- Kuwait (77.8 tons)
- Germany (63.5 tons)
- Hungary (58.1 tons)
- United Kingdom (10.9 tons)
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