Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Turkey - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Turkey (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Turkey (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Turkey
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Turkey
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Turkey (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $16,527 per ton, almost unchanged from the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -8.5% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 65%. As a result, import price reached the peak level of $18,071 per ton. From 2020 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 ($217,294 per ton), while the price for China ($8,313 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.2%), 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 Turkey (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $5,242 per ton, remaining constant against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 26% against the previous year. The export price peaked at $5,347 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($9,266 per ton), while the average price for exports to Jordan ($1,720 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 Germany (+2.9%), 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 Turkey
Imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Turkey surged to 460 tons in 2022, picking up by 50% compared with 2021 figures. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 144% against the previous year. As a result, imports attained the peak of 590 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels surged to $7.6M in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 90%. As a result, imports attained the peak of $8.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,095 | 3,665 | 1,568 | 2,643 | 34.1% |
| United States | 622 | 733 | 646 | 1,915 | 45.5% |
| Germany | 417 | 779 | 312 | 716 | 19.7% |
| Italy | 270 | 286 | 304 | 485 | 21.6% |
| United Kingdom | 749 | 211 | 151 | 188 | -36.9% |
| Spain | 128 | 110 | 115 | 157 | 7.0% |
| Malaysia | 4.7 | 7.4 | 9.5 | 101 | 178.0% |
| Russia | 73.9 | 1,439 | 24.2 | N/A | -42.8% |
| Others | 1,005 | 1,072 | 1,893 | 1,398 | 11.6% |
| Total | 4,365 | 8,302 | 5,022 | 7,603 | 20.3% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Turkey in 2022:
- China (317.9 tons)
- Italy (54.2 tons)
- Germany (29.0 tons)
- Spain (13.7 tons)
- Malaysia (9.2 tons)
- United States (8.8 tons)
- United Kingdom (1.3 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Turkey
In 2022, after three years of growth, there was significant decline in overseas shipments of tube or pipe threaded elbows, bends and sleeves of stainless steels, when their volume decreased by -35.1% to 745 tons. In general, exports showed a pronounced setback. The growth pace was the most rapid in 2021 when exports increased by 27%. As a result, the exports reached the peak of 1.1K tons, and then dropped significantly in the following year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels dropped sharply to $3.9M in 2022. Overall, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +2.6% 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 +7.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. As a result, the exports attained the peak of $6M, and then dropped markedly in the following year.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 63.5 | 13.9 | 15.9 | 378 | 81.2% |
| Serbia | 133 | 268 | 437 | 272 | 26.9% |
| Spain | 152 | 137 | 126 | 213 | 11.9% |
| Iraq | 66.8 | 55.7 | 100 | 211 | 46.7% |
| Germany | 534 | 748 | 344 | 141 | -35.8% |
| Italy | 320 | 231 | 613 | 108 | -30.4% |
| Bulgaria | 126 | 100 | 166 | 104 | -6.2% |
| Jordan | 2.7 | 0.3 | 132 | 98.2 | 231.3% |
| Georgia | 162 | 75.1 | 116 | 96.3 | -15.9% |
| Pakistan | N/A | 0.1 | 6.4 | 86.8 | 2846.2% |
| Algeria | 65.4 | 149 | 73.4 | 79.7 | 6.8% |
| Turkmenistan | 63.1 | 83.5 | 214 | 77.8 | 7.2% |
| Saudi Arabia | 261 | 326 | 2.7 | 60.7 | -38.5% |
| Others | 1,667 | 1,554 | 3,646 | 1,976 | 5.8% |
| Total | 3,616 | 3,742 | 5,993 | 3,903 | 2.6% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Turkey in 2022:
- Qatar (63.0 tons)
- Spain (59.3 tons)
- Jordan (57.1 tons)
- Iraq (44.6 tons)
- Saudi Arabia (34.2 tons)
- Pakistan (33.4 tons)
- Serbia (29.4 tons)
- Algeria (28.0 tons)
- Italy (26.2 tons)
- Turkmenistan (24.4 tons)
- Bulgaria (24.2 tons)
- Germany (23.0 tons)
- Georgia (22.9 tons)
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