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

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Switzerland (CIF) - 2022
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Switzerland (FOB) - 2024
  3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Switzerland
  4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Switzerland

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

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $41,160 per ton, surging by 21% against the previous year. In general, the import price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2015 an increase of 29%. As a result, import price reached the peak level of $116,888 per ton. From 2016 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 the United States ($411,298 per ton), while the price for Serbia ($6,836 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Switzerland (FOB) - 2024

The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $129K per ton in May 2024, shrinking by -12.8% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 39% month-to-month. Over the period under review, the average export prices hit record highs at $148K per ton in April 2024, and then reduced in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($488K per ton), while the average price for exports to Hungary ($66,976 per ton) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.4%), 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 Switzerland

Imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Switzerland dropped to 720 tons in 2022, which is down by -9.2% against 2021 figures. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 108%. As a result, imports reached the peak of 792 tons, and then contracted in the following year.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels rose rapidly to $30M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 +46.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, imports of reached the peak figure 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 Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic6.97.18.711.117.2%
Germany6.87.09.27.63.8%
United States2.02.12.95.439.2%
Italy1.82.22.82.15.3%
China0.80.61.01.523.3%
Austria0.50.10.30.4-7.2%
Serbia0.20.30.30.314.5%
Others1.11.11.81.22.9%
Total20.320.727.029.613.4%

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

  1. Czech Republic (242.6 tons)
  2. Germany (191.0 tons)
  3. Italy (83.6 tons)
  4. China (67.5 tons)
  5. Serbia (47.0 tons)
  6. Austria (43.4 tons)
  7. United States (13.2 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Switzerland

In 2022, the amount of tube or pipe threaded elbows, bends and sleeves of stainless steels exported from Switzerland totaled 243 tons, picking up by 8.2% against 2021 figures. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels soared to $27M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +59.3% against 2020 indices. As a result, the exports reached 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 Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.79.312.215.516.9%
Netherlands0.91.01.52.642.4%
China1.01.81.72.332.0%
Austria0.90.61.51.313.0%
India0.10.10.50.791.3%
Turkey0.20.10.10.426.0%
Taiwan (Chinese)0.10.10.10.458.7%
Hungary0.20.10.10.314.5%
Norway0.30.20.20.30.0%
United States0.70.40.50.1-47.7%
Others3.63.32.73.1-4.9%
Total17.717.021.027.115.3%

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Switzerland in 2022:

  1. Germany (121.8 tons)
  2. Austria (34.1 tons)
  3. China (30.2 tons)
  4. India (7.2 tons)
  5. Turkey (6.6 tons)
  6. Netherlands (5.6 tons)
  7. Hungary (5.2 tons)
  8. Taiwan (Chinese) (5.0 tons)
  9. Norway (3.9 tons)
  10. United States (0.9 tons)

Source: IndexBox Market Intelligence Platform

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