Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the UK - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the UK (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the UK (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the UK
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the UK
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the UK (CIF) - 2024
In April 2024, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $19,559 per ton, rising by 23% against the previous month. Over the period under review, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in November 2023 an increase of 39% against the previous month. Over the period under review, average import prices reached the peak figure at $27,597 per ton in April 2023; however, from May 2023 to April 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($138K per ton), while the price for Ireland ($4,962 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Ireland (+1.2%), 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 UK (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $56,673 per ton, jumping by 16% against the previous year. In general, the export price recorded strong growth. The most prominent rate of growth was recorded in 2021 an increase of 108% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($189,541 per ton), while the average price for exports to the United States ($28,948 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 Iraq (+20.4%), 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 the UK
In 2022, the amount of tube or pipe threaded elbows, bends and sleeves of stainless steels imported into the UK amounted to 2.8K tons, surging by 3% compared with 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.8% 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 increased by +44.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 41% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels rose remarkably to $54M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.9% 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 increased by +51.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. Over the period under review, imports of attained the maximum 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.0 | 8.2 | 14.2 | 15.4 | 0.9% |
| Thailand | 4.5 | 3.6 | 7.0 | 11.0 | 34.7% |
| Israel | 4.2 | 4.2 | 6.6 | 7.8 | 22.9% |
| China | 4.1 | 3.2 | 5.0 | 6.4 | 16.0% |
| Italy | 1.4 | 0.9 | 0.4 | 2.2 | 16.3% |
| Germany | 2.4 | 2.5 | 1.4 | 1.6 | -12.6% |
| Netherlands | 5.0 | 6.2 | 4.9 | 1.4 | -34.6% |
| India | 0.8 | 1.0 | 1.0 | 0.9 | 4.0% |
| Turkey | N/A | N/A | N/A | 0.7 | 0% |
| Taiwan (Chinese) | 0.7 | 0.5 | 0.7 | 0.7 | 0.0% |
| France | 0.7 | 0.6 | 1.1 | 0.7 | 0.0% |
| Spain | 0.6 | 3.5 | 4.8 | 0.6 | 0.0% |
| Malaysia | 0.5 | 0.2 | 0.3 | 0.5 | 0.0% |
| Others | 2.2 | 1.5 | 3.1 | 4.6 | 27.9% |
| Total | 42.1 | 36.0 | 50.5 | 54.3 | 8.9% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to the UK in 2022:
- Thailand (1423.7 tons)
- China (545.0 tons)
- United States (146.4 tons)
- Turkey (104.0 tons)
- Netherlands (70.1 tons)
- India (67.9 tons)
- Israel (56.2 tons)
- Italy (54.5 tons)
- Malaysia (49.3 tons)
- Taiwan (Chinese) (39.8 tons)
- Germany (33.2 tons)
- Spain (29.9 tons)
- France (11.0 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the UK
In 2022, shipments abroad of tube or pipe threaded elbows, bends and sleeves of stainless steels was finally on the rise to reach 543 tons after two years of decline. Over the period under review, exports, however, saw a precipitous decline.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels skyrocketed to $31M in 2022. Overall, exports, however, saw a sharp curtailment.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.1 | 2.8 | 3.7 | 5.4 | 1.9% |
| Germany | 20.4 | 16.3 | 4.0 | 4.1 | -41.4% |
| Iraq | N/A | N/A | N/A | 2.7 | 0% |
| France | 4.5 | 1.4 | 1.9 | 1.8 | -26.3% |
| Netherlands | 9.4 | 5.5 | 1.3 | 1.7 | -43.4% |
| Ireland | 0.4 | 0.8 | 2.7 | 1.1 | 40.1% |
| United Arab Emirates | 0.4 | 0.3 | 0.8 | 1.0 | 35.7% |
| Canada | 1.0 | 0.5 | 0.7 | 0.9 | -3.5% |
| Romania | 1.8 | 1.9 | 0.9 | 0.8 | -23.7% |
| Italy | 1.7 | 1.2 | 0.2 | 0.8 | -22.2% |
| Norway | 0.6 | 0.6 | 0.3 | 0.6 | 0.0% |
| Australia | 0.4 | 0.5 | 0.4 | 0.4 | 0.0% |
| Turkey | 0.2 | 0.3 | N/A | 0.3 | 14.5% |
| Others | 24.4 | 16.0 | 9.7 | 9.1 | -28.0% |
| Total | 70.5 | 48.1 | 26.5 | 30.7 | -24.2% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from the UK in 2022:
- United States (187.7 tons)
- France (51.7 tons)
- Netherlands (41.4 tons)
- Germany (34.3 tons)
- Ireland (24.6 tons)
- Romania (20.5 tons)
- Iraq (14.5 tons)
- United Arab Emirates (12.3 tons)
- Australia (11.8 tons)
- Canada (11.0 tons)
- Norway (10.1 tons)
- Italy (9.9 tons)
- Turkey (8.5 tons)
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