Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ethiopia - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ethiopia (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ethiopia (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ethiopia
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ethiopia
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ethiopia (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $6,309 per ton, rising by 9.8% against the previous year. Overall, import price indicated tangible 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 +67.2% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of 26% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
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 Turkey ($48,775 per ton), while the price for Egypt ($655 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.9%), 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 Ethiopia (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $30,339 per ton, rising by 61% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 962%. As a result, the export price attained the peak level of $137,615 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($921,000 per ton), while the average price for exports to the United Arab Emirates totaled $14,983 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+57.9%), 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 Ethiopia
In 2022, approx. 12 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were imported into Ethiopia; with a decrease of -25.3% against 2021. Over the period under review, imports saw a precipitous descent.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels contracted remarkably to $78K in 2022. Overall, imports faced a precipitous decrease.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 330 | 208 | 55.3 | 24.0 | -58.3% |
Russia | 38.9 | 37.0 | 5.3 | 11.1 | -34.2% |
Italy | 27.9 | 83.2 | 4.9 | 4.1 | -47.2% |
United States | 78.1 | 14.5 | 8.0 | 3.0 | -66.3% |
Egypt | 6.9 | 6.6 | 0.9 | 2.0 | -33.8% |
India | 44.4 | 65.5 | 2.3 | 1.5 | -67.7% |
South Africa | 4.2 | 0.1 | 0.8 | 1.4 | -30.7% |
Others | 240 | 134 | 17.9 | 31.3 | -49.3% |
Total | 770 | 548 | 95.5 | 78.4 | -53.3% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Ethiopia in 2022:
- China (6.1 tons)
- Egypt (3.0 tons)
- Italy (0.8 tons)
- India (0.6 tons)
- South Africa (0.4 tons)
- Russia (0.4 tons)
- United States (0.2 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ethiopia
In 2022, after two years of decline, there was significant growth in shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels, when their volume increased by 97% to 59 kg. Overall, exports, however, showed a abrupt slump.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels soared to $1.8K in 2022. Over the period under review, exports showed a significant expansion. 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 Ethiopia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Angola | N/A | N/A | N/A | 921 | 0% |
United Arab Emirates | 575 | 23.0 | 307 | 869 | 14.8% |
Iraq | N/A | 771 | N/A | N/A | 0% |
Others | 448 | N/A | 257 | N/A | -24.3% |
Total | 1,023 | 794 | 564 | 1,790 | 20.5% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Ethiopia in 2022:
- United Arab Emirates (58.0 kg)
- Angola (1.0 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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