Price for Metal-Rolling Mills; Tube Mills in the UK - 2023

Contents:

  1. Price for Metal-Rolling Mills; Tube Mills in the UK (FOB) - 2022
  2. Price for Metal-Rolling Mills; Tube Mills in the UK (CIF) - 2022
  3. Exports of Metal-Rolling Mills; Tube Mills in the UK
  4. Imports of Metal-Rolling Mills; Tube Mills in the UK

Price for Metal-Rolling Mills; Tube Mills in the UK (FOB) - 2022

In 2022, the average metal-rolling mills; tube mills export price amounted to $8,657 per unit, increasing by 131% against the previous year. Over the period under review, the export price posted a notable expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($11,344 per unit), while the average price for exports to Saudi Arabia ($501 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+28.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Metal-Rolling Mills; Tube Mills in the UK (CIF) - 2022

The average metal-rolling mills; tube mills import price stood at $5,798 per unit in 2022, shrinking by -15.7% against the previous year. In general, the import price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 102%. As a result, import price attained the peak level of $6,877 per unit, and then contracted significantly in the following year.

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 Italy ($6,338 per unit), while the price for China ($591 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Metal-Rolling Mills; Tube Mills in the UK

In 2022, the amount of metal-rolling mills; tube millses exported from the UK declined notably to 272 units, reducing by -57.6% compared with the previous year's figure. In general, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 190%. As a result, the exports attained the peak of 641 units, and then shrank rapidly in the following year.

In value terms, metal-rolling mills; tube mills exports shrank to $2.4M in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 260% against the previous year. As a result, the exports reached the peak of $2.4M, and then reduced slightly in the following year.

Export of Metal-Rolling Mills; Tube Mills in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea5.77.854.11,046468.3%
Canada0.50.50.6120521.4%
Germany8.65.920.498.6125.5%
Saudi Arabia1.11.04.333.9213.5%
United Arab Emirates1.31.03.924.7166.8%
Australia0.30.31.29.9220.8%
Jordan85.555.6185N/A47.1%
Morocco10331.31.9N/A-86.4%
Egypt5.12.77.5N/A21.3%
Turkey550272685N/A11.6%
Brazil205126395N/A38.8%
Others2181651,0471,02467.5%
Total1,1836682,4052,35725.8%

Top Export Markets for Metal-Rolling Mills; Tube Mills from the UK in 2022:

  1. South Korea (92.0 units)
  2. Saudi Arabia (68.0 units)
  3. Canada (63.0 units)
  4. Germany (21.0 units)
  5. United Arab Emirates (13.0 units)
  6. Australia (10.0 units)

Imports of Metal-Rolling Mills; Tube Mills in the UK

In 2022, after two years of decline, there was significant growth in supplies from abroad of metal-rolling mills; tube millses, when their volume increased by 271% to 386 units. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal-rolling mills; tube mills imports surged to $2.2M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metal-Rolling Mills; Tube Mills in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.476.41141,598475.1%
New Zealand3.48.915.2377380.4%
FinlandN/AN/AN/A1390%
United States12253.411628.5-38.4%
India41.930.314.327.2-13.4%
China22875.418.618.1-57.0%
TurkeyN/A57.69.111.2-55.9%
Germany0.194.81254.8263.4%
Poland39.927.39.8N/A-50.4%
Others64.761.629631.1-21.7%
Total5094867182,23563.8%

Top Suppliers of Metal-Rolling Mills; Tube Mills to the UK in 2022:

  1. Italy (252.0 units)
  2. New Zealand (60.0 units)
  3. China (31.0 units)
  4. Finland (23.0 units)
  5. India (5.0 units)
  6. Turkey (3.0 units)
  7. United States (2.0 units)
  8. Germany (2.0 units)

Source: IndexBox Market Intelligence Platform

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