Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg (CIF) - 2024
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $48,083 per ton in February 2024, picking up by 51% against the previous month. Overall, the import price continues to indicate a moderate expansion. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 312% against the previous month. Over the period under review, average import prices hit record highs at $58,477 per ton in November 2023; however, from December 2023 to February 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From March 2023 to February 2024, the rate of growth in terms of prices for India amounted to +5.8% per month.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $48,337 per ton in 2022, surging by 589% against the previous year. In general, the export price continues to indicate a temperate increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 China ($157,754 per ton), while the average price for exports to Argentina ($18,319 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 Belgium (+14.8%), 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 Luxembourg
In 2022, approx. 61 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were imported into Luxembourg; which is down by -18.6% compared with the year before. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 4.1% against the previous year.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels dropped to $1.9M in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. As a result, imports reached the peak of $2.1M, and then contracted in the following year.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 643 | 671 | 938 | 834 | 9.1% |
Czech Republic | 260 | 238 | 447 | 504 | 24.7% |
Belgium | 177 | 251 | 273 | 163 | -2.7% |
Italy | 487 | 108 | 120 | 104 | -40.2% |
France | 57.7 | 83.7 | 147 | 55.2 | -1.5% |
Netherlands | 35.3 | 53.3 | 36.4 | 52.1 | 13.9% |
Others | 208 | 49.5 | 95.6 | 147 | -10.9% |
Total | 1,869 | 1,454 | 2,057 | 1,860 | -0.2% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Luxembourg in 2022:
- Germany (27.0 tons)
- Belgium (15.0 tons)
- Czech Republic (10.4 tons)
- France (4.0 tons)
- Netherlands (1.4 tons)
- Italy (1.0 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg
In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -90.3% to 3.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 162%.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels fell significantly to $187K in 2022. Overall, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 49%. As a result, the exports reached the peak of $278K, and then contracted notably in the following year.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.0 | 1.0 | 2.3 | 44.3 | 253.8% |
Czech Republic | N/A | N/A | 5.5 | 26.8 | 387.3% |
France | 33.7 | 70.0 | 142 | 24.6 | -10.0% |
Germany | 14.3 | 8.1 | 15.4 | 18.3 | 8.6% |
South Africa | 11.0 | 23.1 | 17.6 | 17.0 | 15.6% |
Belgium | 12.6 | 34.2 | 18.7 | 9.8 | -8.0% |
Sweden | 1.1 | 3.0 | 3.3 | 4.0 | 53.8% |
United Kingdom | 1.0 | 0.1 | 17.9 | 2.6 | 37.5% |
United States | N/A | 0.1 | 5.3 | 2.0 | 347.2% |
Argentina | 0.8 | 0.3 | N/A | 1.3 | 17.6% |
Others | 55.0 | 46.4 | 50.2 | 35.9 | -13.3% |
Total | 130 | 186 | 278 | 187 | 12.9% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Luxembourg in 2022:
- France (878.0 kg)
- Czech Republic (683.0 kg)
- Germany (508.0 kg)
- Belgium (479.0 kg)
- China (281.0 kg)
- South Africa (232.0 kg)
- United Kingdom (95.0 kg)
- United States (75.0 kg)
- Argentina (72.0 kg)
- Sweden (63.0 kg)
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Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
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