Price for Tube or Pipe Flanges, Other than Stainless Steel in the United States - 2024
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in the United States (CIF) - 2024
- Price for Tube or Pipe Flanges, Other than Stainless Steel in the United States (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in the United States
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in the United States
Price for Tube or Pipe Flanges, Other than Stainless Steel in the United States (CIF) - 2024
The average import price for tube or pipe flanges, other than stainless steels stood at $2,255 per ton in May 2024, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, saw a mild slump. The pace of growth was the most pronounced in January 2024 an increase of 16% month-to-month. The import price peaked at $2,686 per ton in May 2023; however, from June 2023 to May 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Germany ($3,780 per ton), while the price for India ($1,604 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Italy (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Flanges, Other than Stainless Steel in the United States (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $9,888 per ton in 2022, picking up by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The export price peaked at $10,225 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($22,045 per ton), while the average price for exports to Canada ($8,049 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 the UK (+10.3%), 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 States
In 2022, approx. 139K tons of tube or pipe flanges, other than stainless steels were imported into the United States; surging by 27% on 2021 figures. Overall, imports, however, showed a noticeable decline.
In value terms, imports of tube or pipe flanges, other than stainless steels soared to $367M in 2022. In general, imports, however, showed a relatively flat trend pattern.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 112 | 53.0 | 87.5 | 141 | 8.0% |
| China | 81.6 | 39.4 | 49.0 | 76.2 | -2.3% |
| Italy | 32.1 | 21.0 | 20.3 | 35.8 | 3.7% |
| Spain | 26.8 | 11.2 | 16.8 | 31.9 | 6.0% |
| South Korea | 46.6 | 15.4 | 11.5 | 26.3 | -17.4% |
| Germany | 24.1 | 10.9 | 11.3 | 19.3 | -7.1% |
| Romania | 11.6 | 2.9 | 0.6 | 2.5 | -40.0% |
| Others | 38.7 | 20.8 | 25.4 | 33.4 | -4.8% |
| Total | 374 | 175 | 222 | 367 | -0.6% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to the United States in 2022:
- India (72.4K tons)
- China (22.0K tons)
- Italy (16.7K tons)
- Spain (9.6K tons)
- South Korea (7.4K tons)
- Germany (5.1K tons)
- Romania (1.0K tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in the United States
In 2022, the amount of tube or pipe flanges, other than stainless steels exported from the United States fell to 10K tons, waning by -6% against the previous year's figure. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 11K tons, and then declined in the following year.
In value terms, exports of tube or pipe flanges, other than stainless steels soared to $102M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 28.9 | 24.4 | 25.4 | 33.9 | 5.5% |
| Canada | 24.2 | 17.7 | 25.8 | 31.3 | 9.0% |
| India | 1.4 | 0.3 | 1.5 | 4.2 | 44.2% |
| Singapore | 1.5 | 0.5 | 2.0 | 3.7 | 35.1% |
| Colombia | 1.9 | 1.0 | 1.3 | 2.3 | 6.6% |
| Chile | 0.7 | 0.9 | 0.9 | 2.1 | 44.2% |
| Brazil | 2.3 | 1.9 | 2.5 | 1.8 | -7.8% |
| United Kingdom | 3.2 | 4.0 | 4.3 | 1.2 | -27.9% |
| China | 2.5 | 0.9 | 0.9 | 1.0 | -26.3% |
| Saudi Arabia | 2.9 | 11.8 | 10.3 | 0.6 | -40.9% |
| Others | 26.7 | 16.8 | 11.1 | 20.1 | -9.0% |
| Total | 96.2 | 80.2 | 86.0 | 102 | 2.0% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from the United States in 2022:
- Canada (3886.8 tons)
- Mexico (3762.1 tons)
- India (374.1 tons)
- Singapore (256.1 tons)
- Colombia (214.6 tons)
- Chile (200.5 tons)
- Brazil (150.2 tons)
- China (128.8 tons)
- United Kingdom (59.2 tons)
- Saudi Arabia (25.0 tons)
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