Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $5,740 per ton in 2022, with a decrease of -19.1% against the previous year. Overall, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $10,171 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 South Korea ($8,013 per ton), while the price for Thailand ($2,590 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $1,934 per ton, dropping by -45.2% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 39% against the previous year. As a result, the export price attained the peak level of $8,023 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($8,690 per ton), while the average price for exports to South Korea ($1,143 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 Cote d'Ivoire (+65.2%), 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 Malaysia
In 2022, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Malaysia skyrocketed to 4.8K tons, growing by 124% on 2021. Over the period under review, imports enjoyed a significant expansion. 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 soared to $28M in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.2 | 1.5 | 8.9 | 21.0 | 159.6% |
China | 3.8 | 3.2 | 4.2 | 4.1 | 2.6% |
India | N/A | N/A | N/A | 0.7 | 0% |
Thailand | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
Taiwan (Chinese) | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
Singapore | 0.7 | 1.4 | 1.3 | 0.3 | -24.6% |
Japan | 1.8 | 0.5 | 0.2 | 0.3 | -45.0% |
Others | 1.9 | 0.7 | 0.4 | 0.6 | -31.9% |
Total | 9.6 | 7.6 | 15.3 | 27.6 | 42.2% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Malaysia in 2022:
- United States (3374.6 tons)
- China (789.5 tons)
- India (189.7 tons)
- Thailand (147.1 tons)
- Japan (82.8 tons)
- Taiwan (Chinese) (77.0 tons)
- Singapore (40.9 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia
In 2022, the amount of tube or pipe threaded elbows, bends and sleeves of stainless steels exported from Malaysia surged to 415 tons, growing by 24% against 2021 figures. The total export volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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 reduced rapidly to $802K in 2022. Over the period under review, exports, however, continue to indicate a precipitous shrinkage. The smallest decline of -18.6% was in 2021.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 4.8 | 1.6 | 31.7 | 394 | 334.6% |
Singapore | 1,070 | 693 | 407 | 202 | -42.6% |
Thailand | 163 | 334 | 154 | 80.9 | -20.8% |
South Korea | 2.1 | N/A | 11.1 | 19.7 | 110.9% |
Brunei Darussalam | 36.9 | 13.3 | 192 | 12.8 | -29.7% |
United States | 81.4 | 45.6 | 167 | 3.4 | -65.3% |
Algeria | 191 | N/A | N/A | N/A | 0% |
Others | 283 | 359 | 214 | 90.1 | -31.7% |
Total | 1,832 | 1,446 | 1,177 | 802 | -24.1% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Malaysia in 2022:
- India (302.0 tons)
- Singapore (57.8 tons)
- South Korea (17.3 tons)
- Thailand (14.2 tons)
- Brunei Darussalam (6.8 tons)
- United States (0.4 tons)
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
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
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
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