Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain - 2022

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain (CIF) - 2022
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain (FOB) - 2022
  3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain
  4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain (CIF) - 2022

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $5,901 per ton, which is down by -7.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 48%. The import price peaked at $8,161 per ton in 2019; however, from 2020 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 Taiwan (Chinese) ($16,566 per ton), while the price for India ($3,340 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain (FOB) - 2022

The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $5,972 per ton in 2022, reducing by -40.5% against the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 82%. Over the period under review, the average export prices reached the peak figure at $21,533 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($9,227 per ton), while the average price for exports to the United Arab Emirates amounted to $4,042 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+20.2%), while the prices for the other major destinations experienced a decline.

Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain

In 2022, overseas purchases of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by -67.4% to 104 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of 319 tons, and then dropped rapidly in the following year.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels reduced rapidly to $614K in 2022. In general, imports continue to indicate a sharp contraction. The smallest decline of -5% was in 2020.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China193166160171-4.0%
Italy27887.312197.0-29.6%
Taiwan (Chinese)2.728.50.274.0201.5%
Netherlands1,0441,67697368.6-59.6%
United States10331.561.267.3-13.2%
Thailand39734.446339.1-53.8%
India71.634.43.218.8-36.0%
Saudi Arabia7.33.91312.1-34.0%
Others16989.512376.7-23.2%
Total2,2652,1512,037614-35.3%

Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Bahrain in 2022:

  1. China (47.0 tons)
  2. Italy (14.3 tons)
  3. Thailand (8.0 tons)
  4. United States (7.5 tons)
  5. Netherlands (7.2 tons)
  6. India (5.6 tons)
  7. Taiwan (Chinese) (4.5 tons)
  8. Saudi Arabia (0.6 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain

In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by -36.8% to 4.3 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 285% against the previous year. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels contracted notably to $26K in 2022. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 600% against the previous year. As a result, the exports attained the peak of $137K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.416.86.312.7216.7%
Saudi Arabia18.674.213.910.5-17.4%
ItalyN/A41.946.9N/A11.9%
Others0.53.71.52.571.0%
Total19.513768.625.89.8%

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Bahrain in 2022:

  1. United Arab Emirates (3.1 tons)
  2. Saudi Arabia (1.1 tons)

Source: IndexBox Market Intelligence Platform

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