Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belarus - 2022

Contents:

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

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

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $9,124 per ton, growing by 1.9% against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 77% against the previous year. Over the period under review, average import prices attained the maximum at $12,015 per ton in 2019; however, from 2020 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 Italy ($58,665 per ton), while the price for China ($4,217 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+15.8%), 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 Belarus (FOB) - 2022

The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $5,562 per ton in 2022, growing by 57% against the previous year. Overall, the export price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 an increase of 59%. Over the period under review, the average export prices reached the maximum at $10,526 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($11,188 per ton), while the average price for exports to Russia stood at $5,438 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.0%).

Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belarus

In 2022, purchases abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -65.6% to 10 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a dramatic descent. The pace of growth was the most pronounced in 2020 when imports increased by 69%. As a result, imports attained the peak of 181 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels shrank sharply to $94K in 2022. In general, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7201,13499.146.0-60.0%
Italy3.127.848.112.659.6%
China61.022346.712.2-41.5%
Germany13221331.19.6-58.3%
Poland86.394.315.95.3-60.5%
Turkey10934.21.53.9-67.0%
Others17715426.64.6-70.4%
Total1,2881,88126994.3-58.2%

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

  1. Russia (5.0 tons)
  2. China (2.9 tons)
  3. Turkey (0.8 tons)
  4. Germany (0.8 tons)
  5. Poland (0.4 tons)
  6. Italy (0.2 tons)

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

In 2022, shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -34.4% to 7.1 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a modest expansion. The pace of growth was the most pronounced in 2020 with an increase of 144%. As a result, the exports reached the peak of 17 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels expanded modestly to $39K in 2022. The total export value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia25.733.332.037.813.7%
Hungary2.53.83.51.1-23.9%
Others1.80.12.80.4-39.4%
Total29.937.238.239.39.5%

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

  1. Russia (7.0 tons)
  2. Hungary (0.1 tons)

Source: IndexBox Market Intelligence Platform

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