Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belgium - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belgium (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belgium (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belgium
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belgium
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belgium (CIF) - 2024
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $51,556 per ton in March 2024, falling by -44.9% against the previous month. Over the period under review, the import price, however, enjoyed a notable expansion. The pace of growth was the most pronounced in February 2024 an increase of 112% against the previous month. As a result, import price attained the peak level of $93,532 per ton, and then fell remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the United States ($408K per ton), while the price for India ($21,354 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by France (+11.1%), 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 Belgium (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $47,649 per ton in 2022, surging by 49% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 64%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($107,541 per ton), while the average price for exports to Burundi ($4,006 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 Gabon (+36.0%), 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 Belgium
In 2022, approx. 397 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were imported into Belgium; with an increase of 4% on 2021 figures. Overall, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels declined dramatically to $9.1M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, imports attained the peak of $12M, and then shrank notably in the following year.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.6 | 1.7 | 2.7 | 2.7 | 19.1% |
| Italy | 0.7 | 0.6 | 0.7 | 1.2 | 19.7% |
| Tunisia | 1.1 | 1.0 | 1.0 | 1.2 | 2.9% |
| Netherlands | 2.0 | 1.1 | 4.3 | 0.9 | -23.4% |
| India | N/A | 0.2 | 0.3 | 0.4 | 41.4% |
| France | 0.5 | 0.5 | 0.4 | 0.4 | -7.2% |
| China | 0.7 | 0.6 | 0.2 | 0.4 | -17.0% |
| Others | 1.3 | 1.3 | 1.9 | 2.0 | 15.4% |
| Total | 7.9 | 7.0 | 11.5 | 9.1 | 4.8% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Belgium in 2022:
- Germany (93.8 tons)
- Italy (89.9 tons)
- Netherlands (71.3 tons)
- France (44.0 tons)
- Tunisia (33.0 tons)
- India (27.0 tons)
- China (19.9 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belgium
In 2022, shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -20.8% to 76 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -31.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 98% against the previous year. As a result, the exports reached the peak of 110 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 skyrocketed to $3.6M in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 119% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Gabon | 0.3 | 33.7 | 242 | 671 | 1207.8% |
| France | 282 | 389 | 435 | 545 | 24.6% |
| Netherlands | 269 | 328 | 272 | 375 | 11.7% |
| Poland | 39.6 | 158 | 196 | 205 | 73.0% |
| Germany | 131 | 221 | 269 | 188 | 12.8% |
| United Kingdom | 131 | 190 | 102 | 180 | 11.2% |
| United States | 45.3 | 64.3 | 123 | 174 | 56.6% |
| Italy | 17.3 | 132 | 221 | 89.6 | 73.0% |
| Chad | 0.3 | 2.5 | 0.7 | 84.9 | 556.5% |
| Luxembourg | 58.1 | 71.9 | 99.9 | 66.5 | 4.6% |
| Switzerland | 6.8 | 14.5 | 140 | 66.0 | 113.3% |
| Finland | 12.5 | 16.7 | 30.5 | 54.4 | 63.3% |
| Burundi | N/A | N/A | N/A | 8.8 | 0% |
| Others | 427 | 1,486 | 921 | 892 | 27.8% |
| Total | 1,420 | 3,107 | 3,052 | 3,602 | 36.4% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Belgium in 2022:
- France (15.7 tons)
- Gabon (11.3 tons)
- Netherlands (7.3 tons)
- Germany (4.0 tons)
- Italy (3.2 tons)
- Finland (2.6 tons)
- United Kingdom (2.6 tons)
- Burundi (2.2 tons)
- Switzerland (2.2 tons)
- United States (2.0 tons)
- Chad (2.0 tons)
- Poland (1.9 tons)
- Luxembourg (1.9 tons)
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