Brazil - Tube Or Pipe Fittings (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Brazil - Tube Or Pipe Fittings (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Price for Iron or Steel Tube Fitting in Brazil - 2023

Contents:

  1. Price for Iron or Steel Tube Fitting in Brazil (CIF) - 2023
  2. Price for Iron or Steel Tube Fitting in Brazil (FOB) - 2022
  3. Imports of Iron or Steel Tube Fitting in Brazil
  4. Exports of Iron or Steel Tube Fitting in Brazil

Price for Iron or Steel Tube Fitting in Brazil (CIF) - 2023

The average import price for tube or pipe fittings (of iron or steel) stood at $8,858 per ton in October 2023, with an increase of 27% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 50% against the previous month. As a result, import price reached the peak level of $11,498 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($51,880 per ton), while the price for China ($3,229 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.0%), while the prices for the other major suppliers experienced a decline.

Price for Iron or Steel Tube Fitting in Brazil (FOB) - 2022

The average export price for tube or pipe fittings (of iron or steel) stood at $9,823 per ton in 2022, growing by 35% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel tube fitting export price increased by +125.6% against 2016 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 Angola ($31,128 per ton), while the average price for exports to France ($3,004 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 United States (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Tube Fitting in Brazil

For the fourth consecutive year, Brazil recorded growth in overseas purchases of tube or pipe fittings (of iron or steel), which increased by 18% to 54K tons in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +46.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel tube fitting imports surged to $441M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Iron or Steel Tube Fitting in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China78.079.512217230.2%
United States10361.465.998.7-1.4%
Italy31.524.731.143.511.4%
United Kingdom26.932.822.030.44.2%
Germany13.613.617.618.811.4%
Poland6.28.014.013.429.3%
Hong Kong SAR1.92.53.24.230.3%
Others44.347.053.260.811.1%
Total30526932944113.1%

Top Suppliers of Iron or Steel Tube Fitting to Brazil in 2022:

  1. China (40.5K tons)
  2. Italy (3.4K tons)
  3. United States (3.1K tons)
  4. Hong Kong SAR (1.1K tons)
  5. Poland (1.0K tons)
  6. Germany (0.8K tons)
  7. United Kingdom (0.7K tons)

Exports of Iron or Steel Tube Fitting in Brazil

Iron or steel tube fitting exports from Brazil contracted slightly to 9.3K tons in 2022, almost unchanged from 2021 figures. Over the period under review, exports saw a pronounced decrease. The pace of growth was the most pronounced in 2021 when exports increased by 27% against the previous year.

In value terms, iron or steel tube fitting exports skyrocketed to $91M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Iron or Steel Tube Fitting in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.17.410.232.438.9%
France11.69.011.810.6-3.0%
Angola0.30.20.58.3202.4%
United Arab Emirates4.32.42.16.414.2%
Mexico3.71.82.14.89.1%
Bolivia5.12.96.43.9-8.6%
Paraguay2.92.63.83.78.5%
Argentina2.61.34.52.4-2.6%
United Kingdom1.72.13.91.93.8%
Netherlands2.51.12.31.8-10.4%
Chile2.01.51.71.8-3.5%
Italy1.00.71.31.617.0%
Poland0.60.50.81.122.4%
Others15.020.017.110.4-11.5%
Total65.353.468.691.111.7%

Top Export Markets for Iron or Steel Tube Fitting from Brazil in 2022:

  1. France (3529.1 tons)
  2. United States (1062.0 tons)
  3. Bolivia (646.0 tons)
  4. United Arab Emirates (568.8 tons)
  5. Paraguay (426.9 tons)
  6. United Kingdom (342.9 tons)
  7. Netherlands (341.7 tons)
  8. Poland (333.5 tons)
  9. Mexico (310.5 tons)
  10. Angola (265.9 tons)
  11. Argentina (185.3 tons)
  12. Italy (181.9 tons)
  13. Chile (156.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel tube fitting in Brazil. 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 2030.

Product coverage:

  • Prodcom 24204010 - Flanges, of steel (excluding cast fittings)
  • Prodcom 24204030 - Elbows, bends, couplings, sleeves and other threaded tube or pipe fittings, of steel (excluding cast fittings)
  • Prodcom 24204050 - Elbows, bends, couplings and sleeves and other socket welding tube or pipe fittings, of steel (excluding cast fittings)
  • Prodcom 24204073 - Butt welding elbows and bends, for tubes or pipes, of steel (excluding cast fittings)
  • Prodcom 24204075 - Butt welding tube or pipe fittings, other than elbows and bends, of steel (excluding cast fittings)
  • Prodcom 24513030 - Tube or pipe fittings, of non-malleable cast iron
  • Prodcom 24513050 - Tube or pipe fittings of malleable cast iron
  • Prodcom 24523000 - Tube or pipe fittings of cast steel

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Tube Or Pipe Fittings (Of Iron Or Steel) - Brazil