Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $3,701 per ton, waning by -21.3% against the previous year. In general, the import price continues to indicate a perceptible setback. The growth pace was the most rapid in 2019 an increase of 50% against the previous year. Over the period under review, average import prices hit record highs at $5,826 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Japan ($43,986 per ton), while the price for India ($1,227 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $22,000 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 2.7% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2014 to 2022, the rate of growth in terms of prices for Poland amounted to +40.7% per year.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh
In 2022, after three years of growth, there was significant decline in supplies from abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels, when their volume decreased by -58.9% to 99 tons. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 104%.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels fell remarkably to $367K in 2022. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 104% against the previous year. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 40.4 | 286 | 250 | 91.8 | 31.5% |
China | 289 | 495 | 637 | 61.0 | -40.5% |
South Korea | 25.4 | 14.6 | 52.0 | 55.5 | 29.8% |
Singapore | 8.5 | 9.9 | 2.1 | 50.2 | 80.8% |
Spain | 22.6 | 49.8 | 30.0 | 27.9 | 7.3% |
Saudi Arabia | 21.5 | 30.4 | 9.1 | 11.4 | -19.1% |
India | 68.7 | 108 | 45.7 | 11.3 | -45.2% |
Thailand | 26.8 | 24.6 | N/A | 9.6 | -29.0% |
Others | 89.5 | 189 | 111 | 48.5 | -18.5% |
Total | 593 | 1,209 | 1,137 | 367 | -14.8% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Bangladesh in 2022:
- Singapore (40.2 tons)
- China (21.3 tons)
- South Korea (14.1 tons)
- India (9.2 tons)
- Saudi Arabia (2.7 tons)
- Thailand (2.6 tons)
- Japan (2.1 tons)
- Spain (1.6 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh
In 2022, the amount of tube or pipe threaded elbows, bends and sleeves of stainless steels exported from Bangladesh stood at 4 kg, stabilizing at the year before. Overall, exports saw a sharp decline. The smallest decline of 99.9% was in 2021.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $88 in 2022. In general, exports faced a precipitous shrinkage. The smallest decline of 99.9% was in 2021.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Bangladesh (USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
Costa Rica | N/A | N/A | 88.0 | 0% |
Russia | 28.0 | N/A | N/A | 0% |
Ethiopia | 110 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0% |
Total | 138 | N/A | 88.0 | -20.1% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Bangladesh in 2022:
- Costa Rica (4.0 kg)
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Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
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