Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Philippines - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Philippines (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Philippines (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Philippines
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Philippines
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Philippines (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $9,226 per ton, picking up by 29% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 40%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($59,313 per ton), while the price for Japan ($3,771 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.9%), 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 the Philippines (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $7,672 per ton, which is down by -23.1% against the previous year. In general, the export price saw a perceptible contraction. The growth pace was the most rapid in 2017 when the average export price increased by 30%. The export price peaked at $12,555 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,117 per ton), while the average price for exports to Japan ($6,287 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 the United States (-4.3%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Philippines
After two years of decline, supplies from abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels increased by 75% to 557 tons in 2022. Over the period under review, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, 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.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels skyrocketed to $5.1M in 2022. In general, imports showed a significant expansion. As a result, imports attained 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 the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 191 | 65.6 | 161 | 1,151 | 82.0% |
| United States | 188 | 384 | 602 | 990 | 74.0% |
| China | 710 | 797 | 493 | 725 | 0.7% |
| Japan | 571 | 462 | 543 | 671 | 5.5% |
| Indonesia | 0.1 | 0.3 | 0.2 | 252 | 1260.8% |
| Turkey | N/A | 0.5 | 0.3 | 134 | 1537.1% |
| South Korea | 42.5 | 47.0 | 71.8 | 129 | 44.8% |
| Netherlands | 144 | 73.2 | 33.3 | 117 | -6.7% |
| Vietnam | 0.1 | 16.6 | 0.4 | 108 | 926.0% |
| Taiwan (Chinese) | 47.6 | 22.6 | 34.2 | 98.2 | 27.3% |
| Italy | 103 | 256 | 28.3 | 10.4 | -53.4% |
| Others | 775 | 261 | 309 | 755 | -0.9% |
| Total | 2,771 | 2,385 | 2,277 | 5,140 | 22.9% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to the Philippines in 2022:
- China (178.2 tons)
- Japan (177.9 tons)
- Singapore (33.6 tons)
- Turkey (28.3 tons)
- Vietnam (25.3 tons)
- Netherlands (21.8 tons)
- Taiwan (Chinese) (20.9 tons)
- South Korea (20.7 tons)
- United States (16.7 tons)
- Indonesia (15.0 tons)
- Italy (0.4 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Philippines
In 2022, approx. 160 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were exported from the Philippines; with an increase of 61% compared with the year before. Overall, exports, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels skyrocketed to $1.2M in 2022. In general, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 43%.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 9.1 | 119 | 725 | 801 | 344.8% |
| United States | 1,405 | 530 | 99.3 | 422 | -33.0% |
| Japan | 430 | 2.7 | 6.3 | 5.6 | -76.5% |
| Mexico | N/A | 39.6 | 146 | N/A | 268.7% |
| Others | 0.9 | 2.1 | 13.8 | N/A | 291.6% |
| Total | 1,845 | 693 | 991 | 1,229 | -12.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from the Philippines in 2022:
- Canada (107.3 tons)
- United States (52.0 tons)
- Japan (0.9 tons)
519
This report provides an in-depth analysis of the market for iron or steel tube fitting in the Philippines.
279
This report provides an in-depth analysis of the market for cast steel pipe fittings in the Philippines.
329
This report provides an in-depth analysis of the market for malleable cast iron pipe fittings in the Philippines.
337
This report provides an in-depth analysis of the market for non-malleable cast iron pipe fittings in the Philippines.
1356
This report provides an in-depth analysis of the global market for iron or steel tube fitting.
476
Global Cast Steel Pipe Fittings Market Report 2018. This report provides an in-depth analysis of the global market for cast steel pipe fittings.
450
Global Market for Malleable Cast Iron Pipe Fittings. This report provides an in-depth analysis of the global market for malleable cast iron pipe fittings.
463
This report provides an in-depth analysis of the global market for non-malleable cast iron pipe fittings.
519
This report provides an in-depth analysis of the market for iron or steel tube fitting in the Philippines.
279
This report provides an in-depth analysis of the market for cast steel pipe fittings in the Philippines.
241
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
3855
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
1482
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1179
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1294
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
241
Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
3855
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
1482
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1179
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1294
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
