Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Australia - 2024

Contents:

1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Australia (CIF) - 2022
2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Australia (FOB) - 2022
3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Australia
4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Australia

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Australia (CIF) - 2022

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $13,461 per ton, dropping by -2% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 0.4%. The import price peaked at $22,728 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($109,926 per ton), while the price for Taiwan (Chinese) ($6,918 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Australia (FOB) - 2022

In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $7,932 per ton, rising by 7.4% against the previous year. Over the period under review, the export price, however, saw a deep setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 125% against the previous year. The export price peaked at $22,373 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($23,880 per ton), while the average price for exports to New Zealand ($5,816 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 (+0.6%), 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 Australia

In 2022, overseas purchases of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by less than 0.1% to 634 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, imports reached the peak of 634 tons, leveling off in the following year.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels contracted modestly to $8.5M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of $8.7M, and then dropped modestly in the following year.

Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Australia in 2022:

1. China (417.5 tons)
2. Germany (88.7 tons)
3. Taiwan (Chinese) (47.0 tons)
4. United States (28.3 tons)
5. South Korea (21.2 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Australia

In 2022, shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -38.5% to 91 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 118% against the previous year. As a result, the exports attained the peak of 148 tons, and then plummeted in the following year.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels shrank remarkably to $723K in 2022. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 71%. As a result, the exports reached the peak of $1.1M, and then fell rapidly in the following year.

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Australia in 2022:

1. New Zealand (48.9 tons)
2. Papua New Guinea (17.9 tons)
3. Vietnam (10.9 tons)
4. United States (3.7 tons)
5. Thailand (2.3 tons)
6. Philippines (1.7 tons)
7. Indonesia (1.2 tons)
8. Singapore (1.0 tons)
9. New Caledonia (0.6 tons)

Source: IndexBox Market Intelligence Platform