Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Iran - 2022

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Iran (CIF) - 2022
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Iran (FOB) - 2022
  3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Iran
  4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Iran

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Iran (CIF) - 2022

The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $12,132 per ton in 2022, growing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 ($78,136 per ton), while the price for the United Arab Emirates ($4,215 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), 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 Iran (FOB) - 2022

The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $8,641 per ton in 2022, growing by 12% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tube or pipe threaded elbows, bends and sleeves of stainless steels increased by +42.4% against 2018 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 81% against the previous year. As a result, the export price reached the peak level of $11,739 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($16,457 per ton), while the average price for exports to Kyrgyzstan ($3,672 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 Uzbekistan (+10.8%), 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 Iran

In 2022, the amount of tube or pipe threaded elbows, bends and sleeves of stainless steels imported into Iran rose rapidly to 116 tons, with an increase of 11% against the previous year. Over the period under review, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels skyrocketed to $1.4M in 2022. Overall, imports, however, saw a abrupt downturn.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3943152325139.2%
South Korea233156213216-2.5%
Austria12814189.31638.4%
United Arab Emirates14411063.952.1-28.7%
Netherlands55.052.228.333.0-15.7%
Germany64.443.921.821.1-31.1%
Others902838378413-22.9%
Total1,9211,6561,0261,411-9.8%

Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Iran in 2022:

  1. China (82.5 tons)
  2. United Arab Emirates (12.4 tons)
  3. South Korea (10.2 tons)
  4. Netherlands (2.2 tons)
  5. Austria (2.1 tons)
  6. Germany (1.8 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Iran

In 2022, shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -72.3% to 2.8 tons, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 189%. As a result, the exports reached the peak of 18 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels dropped dramatically to $24K in 2022. Over the period under review, exports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 206%. As a result, the exports reached the peak of $132K. 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 Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkmenistan5.317.322.77.110.2%
Uzbekistan6.427.420.35.1-7.3%
Kyrgyzstan13.328.615.44.2-31.9%
United Arab Emirates5.524.612.42.9-19.2%
Azerbaijan8.623.60.92.9-30.4%
Afghanistan0.12.63.11.0115.4%
Turkey1.23.82.00.5-25.3%
Others2.74.01.20.6-39.4%
Total43.013278.124.3-17.3%

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Iran in 2022:

  1. Kyrgyzstan (1131.0 kg)
  2. Turkmenistan (601.0 kg)
  3. Uzbekistan (482.0 kg)
  4. United Arab Emirates (180.0 kg)
  5. Azerbaijan (175.0 kg)
  6. Turkey (114.0 kg)
  7. Afghanistan (83.0 kg)

Source: IndexBox Market Intelligence Platform

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