Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Canada - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Canada (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Canada (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Canada
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Canada
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Canada (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $36,982 per ton in 2022, with an increase of 8% against the previous year. Over the period under review, the import price recorded mild growth. The pace of growth appeared the most rapid in 2016 an increase of 47% against the previous year. As a result, import price attained the peak level of $73,049 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
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 the United States ($71,903 per ton), while the price for India ($6,432 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 (+7.8%), 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 Canada (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $61,192 per ton in 2022, declining by -12.2% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $69,713 per ton, and then fell in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Algeria ($64,571 per ton) and the Netherlands ($61,226 per ton), while the average price for exports to China ($61,156 per ton) and Spain ($61,169 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+14.1%), 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 Canada
In 2022, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Canada rose remarkably to 1.6K tons, with an increase of 8.3% compared with 2021. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels soared to $59M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 41.1 | 32.7 | 36.1 | 42.4 | 1.0% |
| China | 7.6 | 5.9 | 7.8 | 8.8 | 5.0% |
| South Korea | 1.7 | 1.2 | 1.7 | 2.4 | 12.2% |
| Taiwan (Chinese) | 1.4 | 1.1 | 1.5 | 2.3 | 18.0% |
| Italy | 0.5 | 0.4 | 0.4 | 1.0 | 26.0% |
| India | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Malaysia | 0.6 | 0.1 | 0.1 | N/A | -59.2% |
| Others | 3.8 | 2.2 | 3.0 | 2.5 | -13.0% |
| Total | 56.9 | 43.9 | 50.8 | 59.5 | 1.5% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Canada in 2022:
- China (744.8 tons)
- United States (589.7 tons)
- Taiwan (Chinese) (102.3 tons)
- South Korea (44.2 tons)
- Italy (42.6 tons)
- India (23.0 tons)
- Malaysia (0.1 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Canada
In 2022, shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels was finally on the rise to reach 121 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a perceptible setback.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels surged to $7.4M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 3.6 | 4.8 | 6.3 | 9.5% |
| Cuba | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Singapore | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Mexico | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| France | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Others | 0.9 | 0.7 | 0.7 | 0.6 | -12.6% |
| Total | 6.1 | 4.8 | 5.7 | 7.4 | 6.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Canada in 2022:
- United States (102.8 tons)
- Cuba (2.9 tons)
- Mexico (2.0 tons)
- Singapore (1.5 tons)
- France (1.1 tons)
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