Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $2,647 per ton in 2022, falling by -2.6% against the previous year. In general, the import price faced a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. Over the period under review, average import prices attained the peak figure at $8,825 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($7,800 per ton), while the price for Italy ($1,751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-2.1%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $14,198 per ton, surging by 59% against the previous year. In general, the export price, however, faced a deep setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices hit record highs at $75,137 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
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 Finland ($32,183 per ton), while the average price for exports to Sweden ($4,603 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 Sweden (+18.2%), 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 Latvia
In 2022, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Latvia stood at 1.2K tons, rising by 15% compared with the previous year. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $3.2M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +77.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 58%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 776 | 774 | 1,140 | 1,129 | 13.3% |
| Italy | 642 | 507 | 697 | 674 | 1.6% |
| Poland | 156 | 199 | 293 | 531 | 50.4% |
| Lithuania | 98.8 | 122 | 157 | 297 | 44.3% |
| Sweden | 12.1 | 3.1 | 7.0 | 188 | 149.5% |
| Spain | 67.2 | 57.7 | 96.9 | 122 | 22.0% |
| Romania | 150 | 43.8 | 162 | N/A | 3.9% |
| Others | 169 | 109 | 324 | 278 | 18.0% |
| Total | 2,071 | 1,816 | 2,878 | 3,219 | 15.8% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Latvia in 2022:
- Germany (491.1 tons)
- Italy (385.0 tons)
- Poland (162.3 tons)
- Spain (68.9 tons)
- Lithuania (62.2 tons)
- Sweden (24.1 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia
Exports of tube or pipe threaded elbows, bends and sleeves of stainless steels from Latvia shrank remarkably to 8.4 tons in 2022, with a decrease of -95.4% against the year before. In general, exports saw a dramatic slump. The smallest decline of -3.5% was in 2021.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels shrank notably to $120K in 2022. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports reached the peak of $1.6M, and then reduced notably in the following year.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | 0.2 | 46.3 | 23050.0% |
| Russia | 0.3 | 6.5 | 32.8 | 35.4 | 390.5% |
| Tajikistan | N/A | N/A | N/A | 19.7 | 0% |
| Estonia | 3.4 | 0.4 | 1.5 | 7.3 | 29.0% |
| Sweden | 3.1 | 32.1 | 3.0 | 4.1 | 9.8% |
| Germany | 1,523 | 1,361 | 1,590 | 2.8 | -87.7% |
| Others | 3.4 | 1.5 | 5.5 | 4.1 | 6.4% |
| Total | 1,533 | 1,401 | 1,633 | 120 | -57.2% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Latvia in 2022:
- Tajikistan (3.0 tons)
- Russia (2.0 tons)
- Finland (1.4 tons)
- Sweden (0.9 tons)
- Estonia (0.7 tons)
- Germany (0.2 tons)
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