Global Cast Steel Pipe Fittings Market 2020

Cast Steel Pipe Fittings Market Size

The global cast steel pipe fittings market revenue amounted to $X in 2017, coming up by X% against the previous year. Overall, cast steel pipe fittings consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, with an increase of X% y-o-y. Over the period under review, the global cast steel pipe fittings market attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Cast Steel Pipe Fittings Production

In 2017, the global cast steel pipe fittings production stood at X tons, picking up by X% against the previous year. Overall, cast steel pipe fittings production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. Over the period under review, the global cast steel pipe fittings production attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cast Steel Pipe Fittings Exports

In 2017, the amount of tube or pipe fittings of cast steel exported worldwide amounted to X tons, declining by -X% against the previous year. Overall, cast steel pipe fittings exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Global exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, cast steel pipe fittings exports totaled $X in 2017. In general, cast steel pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period under review, the global cast steel pipe fittings exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Cast Steel Pipe Fittings Exports by Country

China prevails in cast steel pipe fittings exports structure, amounting to X tons, which was approx. X% of total exports in 2017. The U.S. (X tons), Poland (X tons), Thailand (X tons), Germany (X tons), India (X tons), Italy (X tons), Spain (X tons), Austria (X tons) and Belgium (X tons) held the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to cast steel pipe fittings exports from China stood at +X%. At the same time, India (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Poland and Belgium experienced a relatively flat trend pattern. By contrast, the U.S. (-X%), Thailand (-X%), Spain (-X%), Austria (-X%) and Italy (-X%) illustrated a downward trend over the same period. While the share of Italy (X%) increased significantly in terms of the global exports from 2007-2017, the share of India (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest cast steel pipe fittings supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: the U.S. (-X% per year) and Italy (-X% per year).

Cast Steel Pipe Fittings Export Prices by Country

In 2017, the average cast steel pipe fittings export price amounted to $X per ton, coming up by X% against the previous year. Overall, cast steel pipe fittings export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. Global export price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Italy ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year), while the other global leaders experienced more modest paces of growth.

Cast Steel Pipe Fittings Imports

Global imports totaled X tons in 2017, lowering by -X% against the previous year. In general, cast steel pipe fittings imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, with an increase of X% against the previous year. Over the period under review, the global cast steel pipe fittings imports attained its peak figure volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, cast steel pipe fittings imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the global cast steel pipe fittings imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Cast Steel Pipe Fittings Imports by Country

In 2017, the U.S. (X tons), distantly followed by Egypt (X tons) and Canada (X tons) were the key importers of tube or pipe fittings of cast steel, together making up X% of total imports. South Korea (X tons), Germany (X tons), China, Hong Kong SAR (X tons), Russia (X tons), Poland (X tons), the Netherlands (X tons), Spain (X tons), Belgium (X tons) and Italy (X tons) occupied the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to cast steel pipe fittings imports into the U.S. stood at -X%. At the same time, Egypt (+X%), Poland (+X%), the Netherlands (+X%), China, Hong Kong SAR (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Germany, Russia and South Korea experienced a relatively flat trend pattern. By contrast, Belgium (-X%), Spain (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the U.S. increased by X% percentage points, while Poland (-X%), China, Hong Kong SAR (-X%) and Egypt (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported tube or pipe fittings of cast steel worldwide, making up X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Egypt, with a X% share.

In the U.S., cast steel pipe fittings imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Egypt (-X% per year).

Cast Steel Pipe Fittings Import Prices by Country

In 2017, the average cast steel pipe fittings import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, an increase of X% against the previous year. Global import price peaked in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Netherlands ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform