Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Italy - 2024

Contents:

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

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

In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $16,883 per ton, increasing by 5.6% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +81.3% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 31%. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($26,365 per ton), while the average price for exports to Morocco ($2,349 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 Spain (+10.3%), 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 Italy (CIF) - 2022

The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $16,118 per ton in 2022, surging by 3.9% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 27%. As a result, import price attained the peak level of $27,675 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($182,560 per ton), while the price for Turkey ($3,660 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+24.8%), 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 Italy

For the fourth consecutive year, Italy recorded growth in overseas shipments of tube or pipe threaded elbows, bends and sleeves of stainless steels, which increased by 24% to 8K tons in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels soared to $135M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.711.219.547.4159.9%
Germany15.318.724.528.122.5%
Netherlands6.83.69.19.712.6%
France5.86.18.68.614.0%
Sweden2.52.33.43.916.0%
Hungary3.43.93.73.40.0%
Poland3.01.62.33.33.2%
Austria2.01.82.43.318.2%
Spain2.62.62.92.4-2.6%
Czech Republic1.81.71.92.15.3%
Morocco0.60.71.00.914.5%
Portugal1.01.00.80.4-26.3%
Algeria0.50.70.80.3-15.7%
Others17.221.722.721.88.2%
Total65.377.610413527.4%

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

  1. United States (3298.1 tons)
  2. Germany (1065.3 tons)
  3. France (527.1 tons)
  4. Netherlands (404.5 tons)
  5. Morocco (395.7 tons)
  6. Austria (353.5 tons)
  7. Poland (254.4 tons)
  8. Sweden (174.6 tons)
  9. Hungary (116.3 tons)
  10. Czech Republic (115.2 tons)
  11. Spain (114.2 tons)
  12. Algeria (102.8 tons)
  13. Portugal (49.8 tons)

Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Italy

Imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Italy surged to 1.5K tons in 2022, jumping by 24% on 2021. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels skyrocketed to $24M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.77.54.97.3-9.0%
Germany2.72.22.93.36.9%
United States3.54.02.82.9-6.1%
RomaniaN/AN/A1.22.283.3%
Spain0.70.40.61.219.7%
India0.70.81.10.6-5.0%
United Kingdom1.31.00.40.6-22.7%
Turkey0.40.10.50.3-9.1%
Taiwan (Chinese)0.20.20.30.314.5%
Others3.73.14.25.715.5%
Total22.819.418.924.32.1%

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

  1. China (953.5 tons)
  2. India (107.5 tons)
  3. Germany (87.4 tons)
  4. Turkey (82.1 tons)
  5. Romania (71.9 tons)
  6. Spain (55.0 tons)
  7. Taiwan (Chinese) (23.9 tons)
  8. United States (15.8 tons)
  9. United Kingdom (12.8 tons)

Source: IndexBox Market Intelligence Platform

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