Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Japan - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Japan (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Japan (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Japan
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Japan
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Japan (CIF) - 2024
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $58,618 per ton in May 2024, shrinking by -8.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in February 2024 an increase of 39% m-o-m. As a result, import price reached the peak level of $74,873 per ton. From March 2024 to May 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($198K per ton), while the price for Indonesia ($6,345 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+21.6%), 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 Japan (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $33,755 per ton in 2022, which is down by -9.4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 20%. As a result, the export price reached the peak level of $39,301 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($127,401 per ton), while the average price for exports to Italy ($11,989 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 South Korea (+13.1%), 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 Japan
In 2022, approx. 966 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were imported into Japan; increasing by 13% on the previous year's figure. Overall, imports, however, saw a perceptible slump.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels rose slightly to $60M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 31.8 | 35.3 | 41.5 | 44.6 | 11.9% |
China | 7.9 | 6.2 | 6.3 | 7.3 | -2.6% |
Thailand | 4.3 | 0.9 | 4.4 | 4.1 | -1.6% |
Taiwan (Chinese) | 1.6 | 1.2 | 1.4 | 1.4 | -4.4% |
South Korea | 2.0 | 1.0 | 1.1 | 1.2 | -15.7% |
Vietnam | 0.8 | 0.9 | 0.7 | 0.8 | 0.0% |
Others | 2.3 | 1.7 | 2.4 | 1.1 | -21.8% |
Total | 50.7 | 47.2 | 57.7 | 60.4 | 6.0% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Japan in 2022:
- China (462.8 tons)
- United States (271.4 tons)
- Taiwan (Chinese) (79.2 tons)
- Thailand (57.0 tons)
- Vietnam (43.9 tons)
- South Korea (22.9 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Japan
In 2022, approx. 335 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were exported from Japan; with an increase of 20% against the previous year. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 +51.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 25%. Over the period under review, the exports of attained the peak figure 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 expanded sharply to $11M in 2022. The total export 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. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,712 | 1,025 | 1,883 | 2,379 | 11.6% |
Germany | 758 | 1,588 | 1,966 | 1,474 | 24.8% |
Indonesia | 717 | 395 | 711 | 1,363 | 23.9% |
Saudi Arabia | 487 | 59.1 | 630 | 904 | 22.9% |
China | 659 | 855 | 1,549 | 900 | 10.9% |
Vietnam | 811 | 1,176 | 680 | 888 | 3.1% |
South Korea | 112 | 423 | 900 | 745 | 88.1% |
Singapore | 234 | 469 | 323 | 317 | 10.6% |
Brazil | 118 | 96.7 | 163 | 296 | 35.9% |
India | 59.1 | 17.3 | 56.3 | 289 | 69.7% |
Italy | 298 | 143 | 162 | 179 | -15.6% |
Thailand | 396 | 214 | 181 | 173 | -24.1% |
Bangladesh | N/A | 743 | N/A | N/A | 0% |
Others | 1,657 | 1,502 | 1,144 | 1,388 | -5.7% |
Total | 8,017 | 8,707 | 10,347 | 11,294 | 12.1% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Japan in 2022:
- United States (112.9 tons)
- Indonesia (50.5 tons)
- Germany (36.4 tons)
- China (25.4 tons)
- Brazil (17.4 tons)
- Saudi Arabia (16.9 tons)
- Italy (14.9 tons)
- Vietnam (11.0 tons)
- India (8.1 tons)
- Thailand (7.2 tons)
- South Korea (6.8 tons)
- Singapore (6.5 tons)
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