Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain - 2024
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain (FOB) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain (CIF) - 2022
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain (FOB) - 2022
The average export price for tubes, pipes and hollow profiles, of cast iron stood at $1,120 per ton in 2022, picking up by 9% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $1,209 per ton in 2012; however, from 2013 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 Brazil ($2,858 per ton), while the average price for exports to Portugal ($862 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 Brazil (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain (CIF) - 2022
The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,145 per ton in 2022, rising by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 31%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($4,672 per ton), while the price for Iran ($894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain
In 2022, the amount of tubes, pipes and hollow profiles, of cast iron exported from Spain expanded slightly to 80K tons, growing by 3.2% compared with 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 90K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron skyrocketed to $96M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 44.0 | 40.5 | 41.0 | 45.8 | 1.3% |
| Italy | 4.6 | 7.3 | 4.8 | 11.2 | 34.5% |
| Morocco | 4.3 | 5.0 | 7.8 | 7.3 | 19.3% |
| Germany | 0.9 | 6.3 | 2.1 | 5.0 | 77.1% |
| Hungary | N/A | 0.1 | 0.1 | 4.8 | 592.8% |
| Portugal | 8.6 | 8.2 | 5.6 | 3.6 | -25.2% |
| Belgium | 2.3 | 2.9 | 3.0 | 3.3 | 12.8% |
| United Kingdom | 1.2 | 3.0 | 2.2 | 2.5 | 27.7% |
| Poland | 1.4 | 1.9 | 1.4 | 2.0 | 12.6% |
| Croatia | 0.9 | 1.8 | 2.8 | 0.4 | -23.7% |
| Others | 12.6 | 13.2 | 8.9 | 9.7 | -8.3% |
| Total | 80.7 | 90.2 | 79.8 | 95.6 | 5.8% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Spain in 2022:
- France (39.5K tons)
- Italy (9.2K tons)
- Morocco (5.4K tons)
- Germany (4.7K tons)
- Hungary (4.2K tons)
- Portugal (4.1K tons)
- Belgium (2.5K tons)
- United Kingdom (1.7K tons)
- Poland (1.5K tons)
- Croatia (0.5K tons)
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain
Imports of tubes, pipes and hollow profiles, of cast iron into Spain shrank to 33K tons in 2022, reducing by -7.2% against the previous year. Overall, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 67%.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron soared to $38M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.4% 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 +92.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.6 | 6.6 | 14.6 | 16.4 | 19.5% |
| France | 12.3 | 8.3 | 12.5 | 13.8 | 3.9% |
| Iran | 0.6 | 0.1 | 0.4 | 2.7 | 65.1% |
| Italy | 1.4 | 0.9 | 0.8 | 2.3 | 18.0% |
| Germany | 1.4 | 0.9 | 0.2 | 0.7 | -20.6% |
| Portugal | 1.1 | 0.6 | 2.6 | 0.6 | -18.3% |
| Others | 4.3 | 2.3 | 1.6 | 1.5 | -29.6% |
| Total | 30.6 | 19.7 | 32.6 | 37.9 | 7.4% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Spain in 2022:
- India (17.5K tons)
- France (10.1K tons)
- Iran (3.0K tons)
- Italy (0.7K tons)
- Portugal (0.4K tons)
- Germany (0.3K tons)
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