Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $7,017 per ton in 2022, dropping by -2.3% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe threaded elbows, bends and sleeves of stainless steels increased by +41.0% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 28% against the previous year. Over the period under review, average import prices hit record highs at $7,361 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($15,926 per ton), while the price for China ($2,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.4%), 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 Bahrain (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $19,792 per ton in 2022, which is down by -26.8% against the previous year. Overall, the export price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2018 an increase of 154% against the previous year. The export price peaked at $27,041 per ton in 2021, and then reduced dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($20,182 per ton), while the average price for exports to the United Arab Emirates ($4,386 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 Panama (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain
In 2022, after three years of growth, there was significant decline in overseas purchases of tube or pipe threaded elbows, bends and sleeves of stainless steels, when their volume decreased by -62.5% to 49 tons. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 43%. As a result, imports reached the peak of 130 tons, and then shrank rapidly in the following year.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels dropped significantly to $341K in 2022. In general, imports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. As a result, imports attained the peak of $931K, and then reduced rapidly in the following year.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 90.6 | 144 | 543 | 132 | 13.4% |
| China | 67.1 | 201 | 72.1 | 54.9 | -6.5% |
| Saudi Arabia | 12.6 | 17.4 | 3.5 | 33.1 | 38.0% |
| Thailand | 1.1 | 0.6 | 2.2 | 17.7 | 152.5% |
| South Korea | 9.8 | 29.2 | 3.1 | 12.5 | 8.4% |
| United Kingdom | 13.2 | 8.9 | 29.8 | 12.4 | -2.1% |
| Switzerland | 20.2 | 49.8 | 37.1 | 12.2 | -15.5% |
| India | 27.7 | 48.6 | 143 | 11.0 | -26.5% |
| United Arab Emirates | N/A | 1.3 | 5.6 | N/A | 330.8% |
| Others | 75.4 | 32.1 | 90.9 | 54.6 | -10.2% |
| Total | 318 | 533 | 931 | 341 | 2.4% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Bahrain in 2022:
- China (19.4 tons)
- United States (14.9 tons)
- Saudi Arabia (4.9 tons)
- India (1.7 tons)
- United Kingdom (1.4 tons)
- Thailand (1.1 tons)
- South Korea (1.0 tons)
- Switzerland (0.8 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain
For the third consecutive year, Bahrain recorded decline in overseas shipments of tube or pipe threaded elbows, bends and sleeves of stainless steels, which decreased by -86.4% to 581 kg in 2022. In general, exports saw a dramatic decline. The smallest decline of -23.8% was in 2021.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels reduced remarkably to $11K in 2022. Overall, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 224 | 58.7 | 94.5 | 6.2 | -69.8% |
| United Arab Emirates | 58.1 | 15.5 | 5.6 | 0.5 | -79.5% |
| Panama | N/A | N/A | N/A | 0.4 | 0% |
| Oman | N/A | 0.2 | N/A | 0.3 | 22.5% |
| Cote d'Ivoire | N/A | N/A | N/A | 0.2 | 0% |
| Others | 1.6 | 0.9 | 15.8 | 3.9 | 34.6% |
| Total | 284 | 75.4 | 116 | 11.5 | -65.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Bahrain in 2022:
- Saudi Arabia (325.0 kg)
- United Arab Emirates (114.0 kg)
- Oman (21.0 kg)
- Panama (21.0 kg)
- Cote d'Ivoire (11.0 kg)
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