Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain (FOB) - 2024
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain (CIF) - 2024
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $11,673 per ton in March 2024, picking up by 6.2% against the previous month. Over the period from March 2023 to March 2024, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in May 2023 an increase of 16% against the previous month. Over the period under review, average import prices attained the peak figure at $13,862 per ton in July 2023; however, from August 2023 to March 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was China ($14,916 per ton), while the price for Turkey ($3,027 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by France (+8.7%), 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 Spain (FOB) - 2024
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $3,291 per ton in March 2024, declining by -26.8% against the previous month. Over the period under review, the export price continues to indicate a mild contraction. The growth pace was the most rapid in August 2023 when the average export price increased by 154% m-o-m. As a result, the export price attained the peak level of $12,924 per ton. From September 2023 to March 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 France.
From March 2023 to March 2024, the rate of growth in terms of prices for France amounted to -0.6% per month.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain
Imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Spain soared to 4.5K tons in 2022, with an increase of 46% on the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% 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 +50.3% 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 soared to $42M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.9 | 17.9 | 20.1 | 20.4 | 0.8% |
| China | 5.1 | 3.8 | 4.8 | 9.2 | 21.7% |
| Italy | 4.0 | 3.6 | 4.6 | 5.2 | 9.1% |
| France | 3.3 | 3.0 | 2.5 | 3.5 | 2.0% |
| Others | 3.2 | 3.0 | 3.5 | 3.7 | 5.0% |
| Total | 35.5 | 31.3 | 35.4 | 42.0 | 5.8% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Spain in 2022:
- Germany (2748.9 tons)
- China (649.8 tons)
- Italy (480.8 tons)
- France (459.8 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain
In 2022, the amount of tube or pipe threaded elbows, bends and sleeves of stainless steels exported from Spain contracted to 1.2K tons, dropping by -11.7% against 2021. The total export volume increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, the exports reached the peak of 1.4K tons, and then declined in the following year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels surged to $13M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3,559 | 3,680 | 4,711 | 5,353 | 14.6% |
| Italy | 782 | 591 | 765 | 1,135 | 13.2% |
| Portugal | 748 | 880 | 738 | 876 | 5.4% |
| Germany | 455 | 518 | 564 | 783 | 19.8% |
| Morocco | 132 | 279 | 446 | 598 | 65.5% |
| Mauritania | 405 | 148 | 368 | 229 | -17.3% |
| United Arab Emirates | 19.4 | 61.0 | 16.9 | 174 | 107.8% |
| Cuba | 438 | 210 | 832 | 105 | -37.9% |
| Others | 3,362 | 2,629 | 3,167 | 4,210 | 7.8% |
| Total | 9,901 | 8,996 | 11,607 | 13,463 | 10.8% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Spain in 2022:
- France (837.0 tons)
- Morocco (62.5 tons)
- Italy (49.2 tons)
- Portugal (43.2 tons)
- Mauritania (38.5 tons)
- Germany (21.1 tons)
- United Arab Emirates (20.1 tons)
- Cuba (8.0 tons)
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