Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel (FOB) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel (CIF) - 2022
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $61,410 per ton in 2022, waning by -12.4% against the previous year. Overall, the export price continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 an increase of 31% against the previous year. The export price peaked at $86,058 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($88,911 per ton), while the average price for exports to Burkina Faso ($7,002 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 the United States (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $10,989 per ton, rising by 6.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 33% against the previous year. Over the period under review, average import prices attained the maximum at $14,171 per ton in 2016; however, from 2017 to 2022, 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 Switzerland ($41,026 per ton), while the price for China ($3,397 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel
For the fourth year in a row, Israel recorded growth in overseas shipments of tube or pipe threaded elbows, bends and sleeves of stainless steels, which increased by 1.9% to 317 tons in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 90%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels reduced to $19M in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 150%.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.0 | 4.2 | 5.9 | 7.1 | 52.5% |
| United States | 0.3 | 1.4 | 2.2 | 4.1 | 139.1% |
| South Korea | 0.2 | 0.3 | 2.0 | 2.0 | 115.4% |
| China | 0.1 | 0.4 | 2.1 | 1.8 | 162.1% |
| Turkey | 0.5 | 0.7 | 0.8 | 0.9 | 21.6% |
| Singapore | N/A | 0.9 | 3.2 | 0.7 | -11.8% |
| Japan | 0.7 | 0.5 | 0.5 | 0.4 | -17.0% |
| United Kingdom | 0.6 | 0.8 | 2.1 | 0.4 | -12.6% |
| Belgium | N/A | 0.7 | 0.6 | 0.3 | -34.5% |
| Italy | 0.6 | 1.0 | 0.4 | 0.2 | -30.7% |
| Spain | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Burkina Faso | N/A | N/A | N/A | N/A | 0% |
| Vietnam | N/A | 2.6 | 0.1 | N/A | -96.2% |
| Others | 0.8 | 0.9 | 1.5 | 1.4 | 20.5% |
| Total | 5.8 | 14.5 | 21.8 | 19.5 | 49.8% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Israel in 2022:
- Germany (113.3 tons)
- United States (65.6 tons)
- South Korea (32.1 tons)
- China (22.7 tons)
- Turkey (14.4 tons)
- Singapore (10.9 tons)
- Burkina Faso (7.1 tons)
- United Kingdom (6.9 tons)
- Japan (6.6 tons)
- Spain (6.3 tons)
- Belgium (5.6 tons)
- Italy (2.8 tons)
- Vietnam (0.2 tons)
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel
After three years of growth, overseas purchases of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -12.2% to 279 tons in 2022. The total import volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports reached the peak of 318 tons, and then declined in the following year.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels reduced to $3.1M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports reached the peak of $3.3M, and then contracted in the following year.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,056 | 864 | 1,333 | 1,065 | 0.3% |
| China | 420 | 267 | 687 | 509 | 6.6% |
| Netherlands | 16.8 | 15.4 | 87.9 | 234 | 140.6% |
| Switzerland | 27.7 | 32.6 | 105 | 214 | 97.7% |
| Italy | 155 | 488 | 138 | 173 | 3.7% |
| South Korea | 35.6 | 56.2 | 418 | 136 | 56.3% |
| Germany | 128 | 146 | 103 | 95.4 | -9.3% |
| Spain | 31.7 | 31.7 | 58.6 | 45.2 | 12.6% |
| Romania | 1.9 | 240 | 1.0 | 0.5 | -35.9% |
| Others | 312 | 382 | 363 | 597 | 24.1% |
| Total | 2,185 | 2,523 | 3,296 | 3,069 | 12.0% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Israel in 2022:
- China (149.9 tons)
- United States (32.4 tons)
- Italy (30.3 tons)
- Netherlands (17.8 tons)
- South Korea (17.6 tons)
- Spain (5.7 tons)
- Switzerland (5.2 tons)
- Germany (3.7 tons)
- Romania (0.1 tons)
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