Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in India - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in India (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in India (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in India
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in India
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in India (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $26,670 per ton, growing by 23% against the previous year. Over the period under review, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2020 an increase of 105%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($96,005 per ton), while the price for China ($3,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+31.4%), 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 India (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $13,043 per ton, increasing by 30% against the previous year. In general, the export price showed prominent growth. The growth pace was the most rapid in 2017 an increase of 60%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($39,415 per ton), while the average price for exports to Nepal ($2,882 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 Kuwait (+34.4%), 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 India
In 2022, approx. 1.3K tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were imported into India; remaining stable against 2021 figures. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports of reached the peak figure 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 surged to $35M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 83%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.3 | 14.1 | 21.6 | 25.0 | 67.7% |
| China | 1.1 | 1.0 | 1.5 | 3.2 | 42.8% |
| Switzerland | 1.0 | 1.2 | 2.1 | 3.1 | 45.8% |
| Germany | 0.8 | 0.5 | 0.6 | 1.4 | 20.5% |
| Italy | N/A | 0.2 | 0.1 | 0.8 | 100.0% |
| South Korea | 0.5 | 0.1 | 0.1 | 0.4 | -7.2% |
| Singapore | 0.2 | 0.6 | 0.7 | 0.2 | 0.0% |
| Others | 1.2 | 1.1 | 1.7 | 1.3 | 2.7% |
| Total | 10.2 | 18.7 | 28.5 | 35.4 | 51.4% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to India in 2022:
- China (865.2 tons)
- United States (260.4 tons)
- Italy (62.0 tons)
- Switzerland (34.9 tons)
- Germany (32.0 tons)
- South Korea (8.2 tons)
- Singapore (6.9 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in India
Exports of tube or pipe threaded elbows, bends and sleeves of stainless steels from India totaled 736 tons in 2022, approximately reflecting the year before. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels surged to $9.6M in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 68%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,301 | 2,039 | 3,348 | 5,254 | 31.7% |
| United Arab Emirates | 401 | 185 | 906 | 1,071 | 38.7% |
| Belgium | 16.4 | 159 | 340 | 262 | 151.9% |
| Saudi Arabia | 135 | 114 | 62.7 | 256 | 23.8% |
| Australia | 738 | 115 | 203 | 228 | -32.4% |
| Germany | 51.9 | 97.0 | 147 | 124 | 33.7% |
| Netherlands | 190 | 204 | 212 | 113 | -15.9% |
| Qatar | 217 | 27.8 | 38.0 | 105 | -21.5% |
| Nepal | 144 | 135 | 164 | 104 | -10.3% |
| Vietnam | 7.4 | 34.2 | 26.9 | 68.8 | 110.3% |
| Kenya | 59.0 | 52.4 | 51.7 | 34.6 | -16.3% |
| Sri Lanka | 29.5 | 121 | 107 | 20.6 | -11.3% |
| Others | 1,174 | 1,074 | 1,692 | 1,962 | 18.7% |
| Total | 5,464 | 4,356 | 7,297 | 9,604 | 20.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from India in 2022:
- United States (254.2 tons)
- United Arab Emirates (193.1 tons)
- Nepal (36.2 tons)
- Australia (25.2 tons)
- Belgium (17.9 tons)
- Saudi Arabia (16.9 tons)
- Vietnam (16.4 tons)
- Germany (10.3 tons)
- Qatar (9.6 tons)
- Netherlands (6.7 tons)
- Sri Lanka (5.8 tons)
- Kenya (3.5 tons)
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