Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Sri Lanka - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Sri Lanka (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Sri Lanka (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Sri Lanka
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Sri Lanka
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Sri Lanka (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $7,484 per ton in 2022, jumping by 47% against the previous year. Over the period under review, the import price saw a slight increase. The growth pace was the most rapid in 2018 when the average import price increased by 104%. As a result, import price reached the peak level of $15,073 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 Taiwan (Chinese) ($10,335 per ton), while the price for Malaysia ($2,801 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.1%), 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 Sri Lanka (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $30,808 per ton, picking up by 64% against the previous year. Overall, the export price posted prominent growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 103% against the previous year. The export price peaked at $39,559 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($189,000 per ton), while the average price for exports to Costa Rica ($3,250 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 Bangladesh (+69.0%), 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 Sri Lanka
In 2022, supplies from abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -72.9% to 16 tons, falling for the second consecutive year after two years of growth. In general, imports saw a pronounced contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 535% against the previous year. As a result, imports attained the peak of 108 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 dramatically to $117K in 2022. Overall, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 141% against the previous year. As a result, imports attained the peak of $395K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 80.1 | 74.7 | 44.2 | 59.6 | -9.4% |
| India | 29.5 | 250 | 140 | 20.6 | -11.3% |
| Malaysia | N/A | N/A | 49.4 | 9.6 | -80.6% |
| Taiwan (Chinese) | 13.6 | 6.3 | 7.6 | 5.6 | -25.6% |
| Others | 41.0 | 64.5 | 50.6 | 21.2 | -19.7% |
| Total | 164 | 395 | 292 | 117 | -10.6% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Sri Lanka in 2022:
- China (7.6 tons)
- India (3.6 tons)
- Malaysia (3.4 tons)
- Taiwan (Chinese) (0.5 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Sri Lanka
In 2022, approx. 26 kg of tube or pipe threaded elbows, bends and sleeves of stainless steels were exported from Sri Lanka; reducing by -85.4% against the previous year. Over the period under review, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 93% against the previous year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels dropped markedly to $801 in 2022. In general, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 1.7 | 1.7 | 3.3 | 0.4 | -38.3% |
| United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
| Ethiopia | 1.6 | 0.1 | N/A | 0.2 | -50.0% |
| Seychelles | 0.5 | N/A | N/A | N/A | 0% |
| Costa Rica | N/A | N/A | N/A | N/A | 0% |
| India | 12.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.7 | 1.8 | 3.3 | 0.8 | -63.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Sri Lanka in 2022:
- Maldives (19.0 kg)
- Costa Rica (4.0 kg)
- United Arab Emirates (2.0 kg)
- Ethiopia (1.0 kg)
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