Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $9,053 per ton in 2022, with a decrease of -23% against the previous year. In general, the import price showed a mild downturn. The growth pace was the most rapid in 2020 when the average import price increased by 68% against the previous year. The import price peaked at $16,725 per ton in 2014; however, from 2015 to 2022, 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 the United States ($101,232 per ton), while the price for China ($4,473 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.6%), 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 South Africa (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $7,776 per ton, jumping by 18% against the previous year. Overall, the export price, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2017 an increase of 22%. Over the period under review, the average export prices reached the maximum at $8,804 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($9,752 per ton), while the average price for exports to Botswana ($3,001 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 Zimbabwe (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa
In 2022, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into South Africa skyrocketed to 425 tons, surging by 45% compared with the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. As a result, imports reached 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 rose sharply to $3.9M in 2022. The total import value increased at an average annual rate of +12.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 43%. As a result, imports attained the peak of $3.9M; afterwards, it flattened through to 2022.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,139 | 1,104 | 1,362 | 1,694 | 14.1% |
United States | 357 | 231 | 650 | 975 | 39.8% |
Germany | 382 | 294 | 621 | 634 | 18.4% |
Italy | 61.7 | 136 | 208 | 144 | 32.6% |
Taiwan (Chinese) | 251 | 72.3 | 93.5 | 17.3 | -59.0% |
France | 25.2 | 1,790 | 59.9 | 13.5 | -18.8% |
Others | 511 | 267 | 444 | 373 | -10.0% |
Total | 2,727 | 3,894 | 3,440 | 3,851 | 12.2% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to South Africa in 2022:
- China (378.7 tons)
- Germany (15.5 tons)
- United States (9.6 tons)
- Italy (4.9 tons)
- Taiwan (Chinese) (2.5 tons)
- France (0.6 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa
In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -30.2% to 234 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, the exports attained the peak of 714 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels contracted significantly to $1.8M in 2022. Overall, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2020 with an increase of 53%. As a result, the exports attained the peak of $4.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 313 | 195 | 215 | 307 | -0.6% |
Angola | 926 | 472 | 253 | 237 | -36.5% |
Democratic Republic of the Congo | 163 | 2,552 | 562 | 184 | 4.1% |
Zimbabwe | 143 | 213 | 489 | 157 | 3.2% |
Zambia | 167 | 159 | 141 | 143 | -5.0% |
Botswana | 344 | 83.0 | 69.9 | 95.2 | -34.8% |
Mozambique | 76.7 | 23.9 | 55.8 | 65.2 | -5.3% |
Swaziland | 79.3 | 37.6 | 81.9 | 48.8 | -14.9% |
Others | 595 | 554 | 334 | 584 | -0.6% |
Total | 2,807 | 4,290 | 2,201 | 1,821 | -13.4% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from South Africa in 2022:
- Namibia (68.6 tons)
- Botswana (31.7 tons)
- Democratic Republic of the Congo (25.1 tons)
- Zambia (22.9 tons)
- Zimbabwe (16.1 tons)
- Swaziland (16.1 tons)
- Mozambique (12.2 tons)
- Angola (10.0 tons)
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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
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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