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

Contents:

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

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

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $8,672 per ton, falling by -11.9% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe threaded elbows, bends and sleeves of stainless steels increased by +97.5% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 55%. The import price peaked at $9,846 per ton in 2021, and then declined in the following year.

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 the United States ($134,248 per ton), while the price for China ($2,761 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+46.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of tube or pipe threaded elbows, bends and sleeves of stainless steels imported into Qatar rose rapidly to 467 tons, increasing by 5.2% compared with 2021. Over the period under review, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 59%. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels dropped to $4.1M in 2022. Overall, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of $9.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,5352,2552,1641,607-14.1%
China7464,804923580-8.0%
Italy1,098115142480-24.1%
United Kingdom2792583773042.9%
India477118143266-17.7%
France14239.2N/A1869.4%
Thailand37.610743.512147.6%
Turkey222N/A14.658.0-36.1%
Others9331,367565448-21.7%
Total6,4699,0644,3724,051-14.4%

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

  1. China (210.2 tons)
  2. India (76.1 tons)
  3. Italy (64.4 tons)
  4. Thailand (32.7 tons)
  5. France (23.6 tons)
  6. United Kingdom (14.9 tons)
  7. Turkey (13.8 tons)
  8. United States (12.0 tons)

Source: IndexBox Market Intelligence Platform

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