Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Hungary - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Hungary (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Hungary (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Hungary
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Hungary
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Hungary (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $18,403 per ton in 2022, growing by 8.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2017 an increase of 50% against the previous year. The import price peaked at $22,338 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Austria ($83,126 per ton), while the price for China ($6,802 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+17.1%), 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 Hungary (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $26,153 per ton, increasing by 22% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 27% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($52,867 per ton), while the average price for exports to Ukraine ($10,342 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 Belgium (+25.1%), 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 Hungary
In 2022, approx. 334 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were imported into Hungary; with an increase of 8.6% against the previous year. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 18%. 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 $6.2M in 2022. The total import value increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 2,141 | 2,200 | 2,872 | 2,943 | 11.2% |
Germany | 795 | 736 | 993 | 838 | 1.8% |
United Kingdom | 3.3 | 41.4 | 58.9 | 591 | 463.7% |
China | 158 | 205 | 192 | 571 | 53.5% |
India | 106 | 82.8 | 168 | 131 | 7.3% |
Netherlands | 129 | 108 | 56.6 | 82.1 | -14.0% |
Others | 1,039 | 1,101 | 897 | 994 | -1.5% |
Total | 4,372 | 4,474 | 5,237 | 6,152 | 12.1% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Hungary in 2022:
- Italy (190.7 tons)
- China (84.0 tons)
- Germany (16.4 tons)
- United Kingdom (8.4 tons)
- India (5.0 tons)
- Netherlands (3.9 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Hungary
In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -28.7% to 19 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels dropped to $490K in 2022. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, the exports attained the peak of $705K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 270 | 412 | 220 | 190 | -11.1% |
Ukraine | 22.5 | 18.6 | 22.3 | 29.9 | 9.9% |
Serbia | 7.7 | 20.3 | 32.1 | 25.9 | 49.8% |
Slovenia | 35.1 | 11.6 | 18.1 | 25.4 | -10.2% |
Romania | 36.5 | 17.9 | 12.9 | 21.3 | -16.4% |
Mexico | 3.9 | 8.0 | 14.9 | 17.8 | 65.9% |
Kosovo | N/A | N/A | N/A | 10.7 | 0% |
Belgium | 3.5 | 4.9 | 12.6 | 9.5 | 39.5% |
United States | 47.0 | 32.0 | 0.7 | 9.2 | -41.9% |
Slovakia | 33.8 | 13.0 | 7.9 | 7.6 | -39.2% |
Albania | N/A | 4.0 | 12.5 | 7.2 | 34.2% |
Croatia | 24.3 | 4.6 | 7.7 | 7.2 | -33.3% |
Poland | 2.5 | 2.7 | 5.1 | 6.7 | 38.9% |
Others | 92.6 | 155 | 195 | 122 | 9.6% |
Total | 579 | 705 | 561 | 490 | -5.4% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Hungary in 2022:
- Germany (5.9 tons)
- Ukraine (2.9 tons)
- Romania (1.7 tons)
- Slovenia (1.3 tons)
- Poland (0.6 tons)
- Mexico (0.5 tons)
- Serbia (0.5 tons)
- Albania (0.4 tons)
- Kosovo (0.4 tons)
- Slovakia (0.4 tons)
- Croatia (0.3 tons)
- Belgium (0.3 tons)
- United States (0.1 tons)
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