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

Contents:

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

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

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $6,641 per ton, picking up by 25% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $6,668 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($21,895 per ton), while the price for Estonia ($3,195 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.0%), 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 Lithuania (FOB) - 2022

The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $5,108 per ton in 2022, with a decrease of -25.9% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices attained the maximum at $20,037 per ton in 2013; however, from 2014 to 2022, the 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 Russia ($32,255 per ton), while the average price for exports to Norway ($3,914 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 Poland (+13.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 331 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were imported into Lithuania; reducing by -30.2% on the year before. Over the period under review, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of 474 tons, and then dropped significantly in the following year.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels shrank to $2.2M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of $2.5M, and then shrank in the following year.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7436605977510.4%
Germany10183.610528541.3%
Romania54.271.758.920856.6%
Latvia37.314123320777.0%
Italy380373624182-21.8%
Spain3.56.3514120224.9%
China73.578.327.354.8-9.3%
Estonia38.752.235.823.7-15.1%
Others492467335366-9.4%
Total1,9221,9322,5292,1994.6%

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

  1. Poland (167.7 tons)
  2. Romania (61.6 tons)
  3. Latvia (51.2 tons)
  4. Germany (18.7 tons)
  5. Italy (8.3 tons)
  6. Estonia (7.4 tons)
  7. China (5.1 tons)
  8. Spain (5.1 tons)

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

In 2022, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels from Lithuania soared to 237 tons, increasing by 42% against the previous year. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume 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, exports increased by +59.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $1.2M in 2022. The total export value increased at an average annual rate of +9.2% 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 37%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia23925629852429.9%
Estonia13614621647751.9%
Russia40432157669.4-44.4%
Poland10.414.212.038.154.2%
Norway11.124.24.117.015.3%
Others13274.744.087.8-12.7%
Total9328371,1501,2139.2%

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

  1. Estonia (110.7 tons)
  2. Latvia (109.3 tons)
  3. Poland (6.8 tons)
  4. Norway (4.3 tons)
  5. Russia (2.2 tons)

Source: IndexBox Market Intelligence Platform

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