Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $17,127 per ton, rising by 72% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $19,681 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($60,069 per ton), while the price for China ($2,080 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $12,161 per ton, with a decrease of -35.2% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -48.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 80%. As a result, the export price attained the peak level of $23,405 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
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 Norway ($95,026 per ton), while the average price for exports to Spain ($193 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 Netherlands (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola
Imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Angola surged to 298 tons in 2022, rising by 34% compared with the year before. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 219%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels skyrocketed to $5.1M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 248 | 96.7 | 207 | 1,030 | 60.7% |
| South Africa | 350 | 108 | 200 | 1,016 | 42.7% |
| Portugal | 409 | 196 | 446 | 653 | 16.9% |
| Singapore | 129 | 269 | 112 | 527 | 59.9% |
| France | 265 | 94.9 | 221 | 279 | 1.7% |
| United Kingdom | 154 | 126 | 71.6 | 196 | 8.4% |
| Germany | 10.0 | 10.1 | 23.9 | 130 | 135.1% |
| Belgium | 8.5 | 18.4 | 407 | 102 | 128.9% |
| Spain | 32.6 | 28.9 | 69.1 | 92.1 | 41.4% |
| China | 123 | 41.1 | 57.8 | 67.8 | -18.0% |
| India | 14.8 | 1.4 | 17.4 | 62.5 | 61.6% |
| Brazil | 34.0 | 33.0 | 56.1 | 7.8 | -38.8% |
| Others | 237 | 158 | 333 | 939 | 58.2% |
| Total | 2,016 | 1,182 | 2,221 | 5,103 | 36.3% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Angola in 2022:
- Portugal (95.8 tons)
- Belgium (48.1 tons)
- China (32.6 tons)
- South Africa (30.0 tons)
- United States (23.2 tons)
- Spain (11.5 tons)
- Singapore (8.8 tons)
- France (8.2 tons)
- India (5.8 tons)
- Germany (4.7 tons)
- United Kingdom (4.5 tons)
- Brazil (0.9 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola
In 2022, after three years of growth, there was significant decline in shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels, when their volume decreased by -47.1% to 1.5 tons. In general, exports, however, posted a mild increase. The growth pace was the most rapid in 2021 when exports increased by 64% against the previous year. As a result, the exports attained the peak of 2.9 tons, and then declined rapidly in the following year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels reduced markedly to $18K in 2022. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 93% against the previous year. As a result, the exports reached the peak of $54K, and then declined remarkably in the following year.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.0 | 12.5 | 27.3 | 7.2 | 93.1% |
| United States | 8.4 | 2.1 | 3.8 | 4.5 | -18.8% |
| Norway | 3.1 | 1.4 | 11.7 | 3.6 | 5.1% |
| Ghana | 11.6 | 2.7 | 4.4 | 1.1 | -54.4% |
| Nigeria | 3.7 | 1.4 | 3.3 | 0.9 | -37.6% |
| Democratic Republic of the Congo | 0.5 | 0.2 | 0.3 | 0.1 | -41.5% |
| Congo | 0.6 | 0.1 | 0.3 | 0.1 | -45.0% |
| Namibia | 0.9 | 0.3 | 0.5 | 0.1 | -51.9% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| Belgium | N/A | 0.8 | 0.2 | N/A | -75.0% |
| South Africa | 0.5 | N/A | 0.1 | N/A | -55.3% |
| Others | 3.7 | 6.3 | 1.6 | 0.7 | -42.6% |
| Total | 34.0 | 27.8 | 53.6 | 18.4 | -18.5% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Angola in 2022:
- United Kingdom (958.0 kg)
- Spain (218.0 kg)
- United States (111.0 kg)
- Namibia (66.0 kg)
- Nigeria (49.0 kg)
- Norway (38.0 kg)
- Democratic Republic of the Congo (24.0 kg)
- Ghana (14.0 kg)
- South Africa (12.0 kg)
- Congo (10.0 kg)
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