Price for Tube or Pipe Flanges, Other than Stainless Steel in the United Arab Emirates - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in the United Arab Emirates (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in the United Arab Emirates (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in the United Arab Emirates
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in the United Arab Emirates
Price for Tube or Pipe Flanges, Other than Stainless Steel in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $3,272 per ton, reducing by -13.9% against the previous year. Overall, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. The import price peaked at $4,644 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($4,559 per ton), while the price for Spain ($2,705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $5,238 per ton, jumping by 68% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tube or pipe flanges, other than stainless steels increased by +109.1% against 2020 indices. As a result, the export price attained 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 Kuwait ($6,762 per ton), while the average price for exports to Pakistan ($782 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 (+9.0%), 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 the United Arab Emirates
In 2022, overseas purchases of tube or pipe flanges, other than stainless steels were finally on the rise to reach 24K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a drastic downturn.
In value terms, imports of tube or pipe flanges, other than stainless steels soared to $80M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.9 | 13.7 | 12.9 | 30.7 | 27.2% |
| Italy | 33.5 | 25.5 | 23.0 | 21.7 | -13.5% |
| India | 4.0 | 5.2 | 4.4 | 10.8 | 39.2% |
| Spain | 8.3 | 9.9 | 2.4 | 7.1 | -5.1% |
| South Korea | 10.2 | 9.9 | 6.4 | 6.4 | -14.4% |
| South Africa | 0.1 | 0.1 | 5.8 | N/A | 661.6% |
| Others | 9.3 | 7.8 | 8.0 | 3.4 | -28.5% |
| Total | 80.2 | 72.0 | 63.0 | 80.0 | -0.1% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to the United Arab Emirates in 2022:
- China (9.8K tons)
- Italy (6.7K tons)
- India (3.5K tons)
- Spain (2.6K tons)
- South Korea (1.4K tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in the United Arab Emirates
For the third consecutive year, the United Arab Emirates recorded decline in overseas shipments of tube or pipe flanges, other than stainless steels, which decreased by -49.5% to 2.4K tons in 2022. Overall, exports faced a sharp decline. The smallest decline of -10.1% was in 2021.
In value terms, exports of tube or pipe flanges, other than stainless steels declined sharply to $12M in 2022. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 9.0 | 7.5 | 7.8 | 8.6 | -1.5% |
| Singapore | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Germany | 0.6 | 0.4 | 0.3 | 0.4 | -12.6% |
| India | 0.4 | 0.4 | 0.6 | 0.2 | -20.6% |
| Nigeria | N/A | 0.4 | N/A | 0.2 | -29.3% |
| Kuwait | 0.3 | 0.4 | 0.4 | 0.2 | -12.6% |
| Bahrain | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Pakistan | N/A | N/A | N/A | 0.1 | 0% |
| Iran | 1.9 | 2.2 | 2.5 | N/A | 14.7% |
| Saudi Arabia | 2.0 | 0.5 | 0.7 | N/A | -40.8% |
| Others | 1.8 | 1.1 | 2.1 | 2.0 | 3.6% |
| Total | 16.4 | 13.0 | 14.5 | 12.3 | -9.1% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from the United Arab Emirates in 2022:
- Oman (1274.0 tons)
- Singapore (191.0 tons)
- Nigeria (128.9 tons)
- Pakistan (123.5 tons)
- Germany (123.2 tons)
- India (111.7 tons)
- Bahrain (76.2 tons)
- Kuwait (33.6 tons)
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