Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico (FOB) - 2024
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico (CIF) - 2024
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $37,574 per ton in April 2024, surging by 21% against the previous month. Overall, import price indicated perceptible growth from April 2023 to April 2024: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, import price for tube or pipe threaded elbows, bends and sleeves of stainless steels increased by +73.0% against October 2023 indices. The pace of growth was the most pronounced in August 2023 an increase of 37% m-o-m. The import price peaked in April 2024.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was the United States ($69,384 per ton), while the price for China ($9,326 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), 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 Mexico (FOB) - 2024
In April 2024, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $23,022 per ton, increasing by 145% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 178% m-o-m. As a result, the export price reached the peak level of $75,393 per ton. From October 2023 to April 2024, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From April 2023 to April 2024, the rate of growth in terms of prices for the United States amounted to +0.5% per month.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico
In 2022, approx. 1.6K tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were imported into Mexico; picking up by 23% compared with the previous year. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 70%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels rose markedly to $42M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% 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 +49.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 19.5 | 16.0 | 17.4 | 18.5 | -1.7% |
China | 5.5 | 4.2 | 6.6 | 8.9 | 17.4% |
Germany | 1.4 | 1.5 | 6.7 | 6.3 | 65.1% |
Taiwan (Chinese) | 1.2 | 1.1 | 2.0 | 1.9 | 16.6% |
South Korea | 1.3 | 0.9 | 1.4 | 1.4 | 2.5% |
Italy | 0.6 | 0.6 | 0.7 | 0.9 | 14.5% |
India | 0.4 | 0.6 | 0.9 | 0.8 | 26.0% |
Others | 2.7 | 3.4 | 3.6 | 3.6 | 10.1% |
Total | 32.7 | 28.3 | 39.2 | 42.3 | 9.0% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Mexico in 2022:
- China (1034.9 tons)
- United States (333.8 tons)
- Taiwan (Chinese) (64.2 tons)
- Germany (48.9 tons)
- India (35.7 tons)
- Italy (21.4 tons)
- South Korea (17.7 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico
In 2022, the amount of tube or pipe threaded elbows, bends and sleeves of stainless steels exported from Mexico contracted markedly to 825 tons, waning by -33.2% compared with 2021. Overall, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 113% against the previous year. As a result, the exports attained the peak of 1.2K tons, and then contracted dramatically in the following year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels surged to $16M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +67.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 12.3 | 9.1 | 12.0 | 15.9 | 8.9% |
Others | 0.5 | 0.5 | 0.1 | 0.1 | -41.5% |
Total | 12.7 | 9.6 | 12.1 | 16.0 | 8.0% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Mexico in 2022:
- United States (819.8 tons)
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