Price for Tube or Pipe Flanges, Other than Stainless Steel in Russia - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Russia (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Russia (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Russia
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Russia
Price for Tube or Pipe Flanges, Other than Stainless Steel in Russia (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $3,147 per ton, growing by 45% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 increased by +84.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($6,716 per ton), while the price for China amounted to $2,968 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Russia (FOB) - 2022
In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $4,651 per ton, growing by 58% against the previous year. Overall, the export price saw a tangible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($5,209 per ton), while the average price for exports to Qatar ($1,197 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 Qatar (+16.2%), 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 Russia
In 2022, overseas purchases of tube or pipe flanges, other than stainless steels were finally on the rise to reach 22K tons after two years of decline. In general, imports, however, continue to indicate a perceptible decline.
In value terms, imports of tube or pipe flanges, other than stainless steels surged to $69M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.1% against 2020 indices. 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 Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.7 | 21.7 | 24.7 | 62.1 | 32.5% |
| Italy | 3.8 | 1.9 | 2.5 | 2.9 | -8.6% |
| Belarus | 6.0 | 4.9 | 6.6 | N/A | 4.9% |
| Others | 8.0 | 9.3 | 11.9 | 4.0 | -20.6% |
| Total | 44.5 | 37.9 | 45.7 | 69.0 | 15.7% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Russia in 2022:
- China (20.9K tons)
- Italy (0.4K tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Russia
In 2022, shipments abroad of tube or pipe flanges, other than stainless steels decreased by -63.4% to 888 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp decline. The growth pace was the most rapid in 2020 with an increase of 0.6% against the previous year. As a result, the exports attained the peak of 2.7K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tube or pipe flanges, other than stainless steels reduced rapidly to $4.1M in 2022. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $7.1M, and then shrank markedly in the following year.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 2,399 | 2,834 | 3,161 | 3,257 | 10.7% |
| Uzbekistan | 195 | 246 | 222 | 365 | 23.2% |
| Kyrgyzstan | 63.6 | 41.9 | 250 | 89.3 | 12.0% |
| Armenia | 17.0 | 45.5 | 45.9 | 87.8 | 72.9% |
| Tajikistan | 22.2 | 46.1 | 0.9 | 49.6 | 30.7% |
| Azerbaijan | 139 | 55.5 | 72.9 | 44.6 | -31.5% |
| Qatar | N/A | N/A | N/A | 16.5 | 0% |
| Ukraine | 253 | 71.2 | 248 | 3.7 | -75.5% |
| Poland | 134 | 81.6 | 125 | 0.5 | -84.5% |
| Belarus | 3,376 | 2,321 | 2,476 | N/A | -14.4% |
| Others | 509 | 380 | 519 | 217 | -24.7% |
| Total | 7,107 | 6,123 | 7,121 | 4,131 | -16.5% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Russia in 2022:
- Kazakhstan (625.3 tons)
- Uzbekistan (101.3 tons)
- Kyrgyzstan (41.1 tons)
- Tajikistan (27.2 tons)
- Armenia (22.8 tons)
- Azerbaijan (15.3 tons)
- Qatar (13.8 tons)
- Ukraine (1.5 tons)
- Poland (0.3 tons)
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