World - Tube Or Pipe Fittings (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
China Became the Major Exporter of Tube Fittings in the World
In 2014, the U.S. (18.1%), and distantly Canada (5.3%), Germany (4.8%) and Japan (3.8%) were the leading destinations of steel tube fittings imports, together making up 32.0% of global imports in physical terms. The share of the U.S. increased, while the shares of the other countries remained relatively stable throughout the analyzed period.
In 2014, China was the main global supplier of iron tube fittings with a combined share of 45.6% of global exports. However, the fastest growing suppliers from 2007 to 2014 were India (+6.8% per year) and the U.S. (+3.0% per year).
China dominates in global iron tube fittings production and trade. In 2014, China exported 2.1% of its total steel tube fittings output. Of this amount, 22.5% was supplied to the U.S., where Chinese steel tube fittings held a 6.0% share of total U.S. consumption.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global market for tube or pipe fitting. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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