Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Tanzania - 2023
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Tanzania (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Tanzania (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Tanzania
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Tanzania
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Tanzania (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $2,193 per ton in 2022, surging by 65% against the previous year. Over the period under review, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 166% against the previous year. Over the period under review, average import prices attained the peak figure at $3,285 per ton in 2012; however, from 2013 to 2022, 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 South Korea ($15,633 per ton), while the price for the United Arab Emirates ($994 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+24.6%), 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 Tanzania (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $923 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 4,093% against the previous year. The export price peaked at $38,663 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 Zimbabwe ($2,597 per ton), while the average price for exports to Democratic Republic of the Congo ($345 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 Kenya (+1,498.6%), 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 Tanzania
After three years of growth, purchases abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -80.1% to 179 tons in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 877%. As a result, imports reached the peak of 896 tons, and then reduced notably in the following year.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels declined sharply to $391K in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 518%. As a result, imports attained the peak of $1.2M, and then dropped significantly in the following year.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.4 | 45.0 | 833 | 126 | 55.7% |
| South Africa | 11.8 | 10.8 | 17.7 | 69.2 | 80.3% |
| South Korea | 0.1 | 0.7 | N/A | 44.0 | 660.6% |
| Turkey | 10.2 | 83.5 | 98.2 | 24.5 | 33.9% |
| India | 53.3 | 6.8 | 30.0 | 23.1 | -24.3% |
| United Arab Emirates | 12.9 | 4.6 | 8.5 | 18.6 | 13.0% |
| Kenya | 0.4 | 1.2 | 1.7 | 12.2 | 212.4% |
| Denmark | 0.1 | 12.3 | 30.5 | N/A | 1646.4% |
| Others | 35.0 | 27.7 | 171 | 73.6 | 28.1% |
| Total | 157 | 193 | 1,190 | 391 | 35.5% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Tanzania in 2022:
- China (121.3 tons)
- United Arab Emirates (18.7 tons)
- India (14.8 tons)
- South Africa (6.9 tons)
- Turkey (4.0 tons)
- Kenya (3.6 tons)
- South Korea (2.8 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Tanzania
In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -73.2% to 1.9 tons, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 732%. As a result, the exports attained the peak of 9.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels shrank sharply to $1.8K in 2022. Over the period under review, exports recorded a dramatic downturn. The smallest decline of -19.2% was in 2021.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | N/A | N/A | N/A | 1.2 | 0% |
| Burundi | N/A | 8.3 | 0.7 | 0.3 | -81.0% |
| Zimbabwe | N/A | N/A | N/A | 0.2 | 0% |
| South Africa | N/A | N/A | N/A | 0.1 | 0% |
| Democratic Republic of the Congo | N/A | 0.1 | 2.0 | 0.1 | 0.0% |
| South Sudan | 44.4 | N/A | N/A | N/A | 0% |
| Others | 1.1 | N/A | 4.1 | N/A | 93.1% |
| Total | 45.5 | 8.3 | 6.7 | 1.8 | -65.9% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Tanzania in 2022:
- Zambia (901.0 kg)
- Burundi (649.0 kg)
- Democratic Republic of the Congo (261.0 kg)
- Zimbabwe (77.0 kg)
- South Africa (59.0 kg)
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