Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $9,189 per ton in 2022, picking up by 31% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 36%. Over the period under review, average import prices hit record highs at $12,180 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($45,462 per ton), while the price for China ($873 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $4,201 per ton, declining by -45% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 36%. As a result, the export price attained the peak level of $22,476 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to +2.6% per year.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola
After three years of growth, overseas purchases of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by -16.1% to 355 tons in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 423 tons, and then reduced dramatically in the following year.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $3.3M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 210 | 281 | 1,002 | 908 | 62.9% |
Brazil | 15.2 | 51.9 | 20.2 | 435 | 205.9% |
Belgium | 110 | 4.6 | 149 | 326 | 43.6% |
France | 730 | 355 | 207 | 238 | -31.2% |
United States | 304 | 331 | 364 | 202 | -12.7% |
Namibia | 3.7 | 1.2 | 11.8 | 157 | 248.8% |
South Africa | 78.0 | 86.2 | 165 | 156 | 26.0% |
United Kingdom | 126 | 208 | 162 | 125 | -0.3% |
China | 47.8 | 94.7 | 119 | 43.2 | -3.3% |
Netherlands | 51.3 | 445 | 17.5 | 35.6 | -11.5% |
Italy | 36.3 | 113 | 274 | 17.0 | -22.3% |
India | N/A | N/A | 92.2 | 8.4 | -90.9% |
Others | 67.9 | 571 | 381 | 609 | 107.8% |
Total | 1,780 | 2,542 | 2,965 | 3,261 | 22.4% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Angola in 2022:
- Portugal (94.1 tons)
- Namibia (85.3 tons)
- China (49.5 tons)
- Brazil (30.4 tons)
- South Africa (24.8 tons)
- United States (19.8 tons)
- Belgium (18.2 tons)
- France (8.3 tons)
- United Kingdom (5.1 tons)
- India (2.4 tons)
- Italy (1.8 tons)
- Netherlands (1.2 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola
In 2022, approx. 2 tons of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were exported from Angola; picking up by 132% on the previous year. In general, exports showed a significant expansion. As a result, the exports reached 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, other than stainless steels soared to $8.5K in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | N/A | N/A | N/A | 8.5 | 0% |
Belgium | N/A | 2.4 | N/A | N/A | 0% |
Mozambique | N/A | N/A | 3.1 | N/A | 0% |
Congo | 5.3 | 4.5 | N/A | N/A | -15.1% |
South Africa | 1.6 | N/A | N/A | N/A | 0% |
Ghana | N/A | N/A | 3.6 | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 7.0 | 6.8 | 6.7 | 8.5 | 6.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Angola in 2022:
- Democratic Republic of the Congo (2.0 tons)
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