Price for Tube or Pipe Flanges, Other than Stainless Steel in Spain - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Spain (FOB) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Spain (CIF) - 2024
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Spain
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Spain
Price for Tube or Pipe Flanges, Other than Stainless Steel in Spain (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $3,607 per ton in 2022, picking up by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 20% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($9,142 per ton), while the average price for exports to the United Arab Emirates ($2,662 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 China (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Spain (CIF) - 2024
The average import price for tube or pipe flanges, other than stainless steels stood at $3,891 per ton in March 2024, jumping by 28% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 32% month-to-month. Over the period under review, average import prices attained the peak figure in March 2024.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($9,357 per ton), while the price for China ($2,543 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 South Korea (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Spain
In 2022, shipments abroad of tube or pipe flanges, other than stainless steels was finally on the rise to reach 24K tons after two years of decline. Overall, exports, however, recorded a deep contraction.
In value terms, exports of tube or pipe flanges, other than stainless steels skyrocketed to $88M in 2022. Over the period under review, exports saw a mild expansion. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.7 | 11.7 | 19.4 | 33.1 | 7.4% |
| Saudi Arabia | 2.1 | 10.7 | 28.3 | 10.9 | 73.1% |
| Canada | 12.6 | 3.4 | 3.8 | 10.0 | -7.4% |
| United Arab Emirates | 8.3 | 9.9 | 2.4 | 7.5 | -3.3% |
| China | N/A | 6.5 | 0.1 | 4.2 | -19.6% |
| Netherlands | 3.5 | 6.2 | 2.5 | 2.5 | -10.6% |
| France | 3.9 | 2.5 | 2.6 | 2.5 | -13.8% |
| Germany | 2.1 | 2.2 | 1.2 | 2.3 | 3.1% |
| United Kingdom | 6.5 | 4.9 | 1.4 | 2.1 | -31.4% |
| Mexico | 0.5 | 0.1 | 2.5 | 2.0 | 58.7% |
| Portugal | 0.8 | 0.8 | 1.5 | 1.6 | 26.0% |
| Singapore | 2.6 | 1.1 | 0.7 | 0.6 | -38.7% |
| Brazil | 1.0 | 2.5 | 0.8 | N/A | -10.6% |
| Others | 14.5 | 10.4 | 7.6 | 8.4 | -16.6% |
| Total | 85.1 | 72.8 | 75.0 | 87.7 | 1.0% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Spain in 2022:
- United States (9.0K tons)
- Canada (3.6K tons)
- United Arab Emirates (2.8K tons)
- Saudi Arabia (2.1K tons)
- France (0.9K tons)
- Netherlands (0.8K tons)
- Germany (0.8K tons)
- United Kingdom (0.7K tons)
- Portugal (0.6K tons)
- China (0.5K tons)
- Mexico (0.4K tons)
- Singapore (0.2K tons)
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Spain
In 2022, imports of tube or pipe flanges, other than stainless steels into Spain dropped modestly to 13K tons, approximately equating 2021 figures. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 7.7% against the previous year. As a result, imports reached the peak of 13K tons, leveling off in the following year.
In value terms, imports of tube or pipe flanges, other than stainless steels soared to $35M in 2022. The total import value increased at an average annual rate of +10.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.7 | 8.8 | 16.7 | 19.8 | 22.8% |
| Italy | 6.7 | 10.5 | 7.5 | 8.6 | 8.7% |
| Germany | 1.9 | 2.3 | 2.1 | 2.3 | 6.6% |
| South Korea | 1.3 | 0.5 | 0.2 | 0.4 | -32.5% |
| Others | 4.9 | 3.6 | 2.7 | 3.4 | -11.5% |
| Total | 25.5 | 25.7 | 29.3 | 34.5 | 10.6% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Spain in 2022:
- China (9.3K tons)
- Italy (2.2K tons)
- Germany (0.3K tons)
- South Korea (0.1K tons)
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