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

Contents:

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

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

The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $18,533 per ton in 2022, increasing by 14% against the previous year. Overall, the import price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2019 when the average import price increased by 22%. The import price peaked at $30,759 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($167,941 per ton), while the price for China ($3,957 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 (+4.7%), 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 Thailand (FOB) - 2022

The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $15,485 per ton in 2022, dropping by -18.1% against the previous year. Over the period under review, the export price, however, posted a notable expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices attained the maximum at $18,908 per ton in 2021, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($31,911 per ton), while the average price for exports to Maldives ($3,038 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 Maldives (+11.5%), 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 Thailand

In 2022, purchases abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -11% to 575 tons, falling for the second year in a row after two years of growth. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 72%. As a result, imports reached the peak of 655 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 stood at $11M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 7.9%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. China (354.9 tons)
2. Japan (128.8 tons)
3. United States (19.9 tons)
4. Germany (16.2 tons)
5. South Korea (15.1 tons)
6. Italy (12.1 tons)
7. Taiwan (Chinese) (8.3 tons)
8. France (5.3 tons)
9. India (1.2 tons)

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

In 2022, approx. 213 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were exported from Thailand; picking up by 58% against the previous year's figure. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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 surged to $3.3M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.0% 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 +95.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 49%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Lao People's Democratic Republic (68.8 tons)
2. Japan (67.6 tons)
3. United States (62.5 tons)
4. Myanmar (4.7 tons)
5. Malaysia (3.2 tons)
6. Maldives (0.2 tons)

Source: IndexBox Market Intelligence Platform