Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam (FOB) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam (CIF) - 2022
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $39,726 per ton in 2022, increasing by 19% against the previous year. In general, the export price showed a significant increase. The pace of growth appeared the most rapid in 2020 an increase of 95%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($39,806 per ton) and Japan ($39,805 per ton), while the average price for exports to Chile ($39,804 per ton) and China ($39,805 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $9,137 per ton in 2022, picking up by 10% against the previous year. Over the period under review, the import price, however, saw a noticeable decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 52% against the previous year. The import price peaked at $17,937 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($63,837 per ton), while the price for India ($4,251 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam
In 2022, approx. 583 tons of tube or pipe threaded elbows, bends and sleeves of stainless steels were exported from Vietnam; rising by 46% compared with 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 145%. As a result, the exports attained the peak of 607 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels soared to $23M in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 376% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.4 | 8.0 | 8.1 | 11.7 | 102.9% |
| United States | 0.2 | 1.8 | 1.6 | 5.1 | 194.3% |
| China | N/A | N/A | 1.4 | 2.8 | 100.0% |
| Taiwan (Chinese) | 0.3 | 1.4 | 0.8 | 1.1 | 54.2% |
| South Korea | N/A | 0.1 | 0.6 | 0.9 | 200.0% |
| Chile | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Spain | N/A | 0.4 | 0.4 | 0.4 | 0.0% |
| Others | 0.6 | 0.5 | 0.4 | 0.7 | 5.3% |
| Total | 2.6 | 12.2 | 13.4 | 23.1 | 107.1% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Vietnam in 2022:
- Japan (293.8 tons)
- United States (128.8 tons)
- China (69.9 tons)
- Taiwan (Chinese) (27.9 tons)
- South Korea (21.4 tons)
- Chile (12.1 tons)
- Spain (10.5 tons)
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam
In 2022, overseas purchases of tube or pipe threaded elbows, bends and sleeves of stainless steels increased by 11% to 820 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep reduction.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels surged to $7.5M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 3.6 | 2.4 | 2.1 | -27.9% |
| South Korea | 1.0 | 0.7 | 0.7 | 2.1 | 28.1% |
| Japan | 1.1 | 1.2 | 0.7 | 0.9 | -6.5% |
| Australia | N/A | N/A | N/A | 0.1 | 0% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| Others | 2.4 | 4.2 | 2.3 | 2.3 | -1.4% |
| Total | 10.1 | 9.7 | 6.1 | 7.5 | -9.4% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Vietnam in 2022:
- South Korea (381.9 tons)
- China (353.7 tons)
- Australia (17.5 tons)
- India (16.2 tons)
- Japan (13.9 tons)
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