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

Contents:

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

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

The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $3,579 per ton in 2022, falling by -17.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 59%. The import price peaked at $4,465 per ton in 2020; however, from 2021 to 2022, 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 South Korea ($12,554 per ton), while the price for China ($1,981 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.9%), 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 Bangladesh (FOB) - 2022

The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $2,714 per ton in 2022, which is down by -62.2% against the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 57%. The export price peaked at $8,205 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($14,000 per ton), while the average price for exports to Singapore ($2,208 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 Singapore (-3.3%), 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 Bangladesh

In 2022, supplies from abroad of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by -61.8% to 286 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of 1.8K 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, other than stainless steels contracted remarkably to $1M in 2022. Over the period under review, imports showed a dramatic descent. The pace of growth was the most pronounced in 2020 when imports increased by 37%. As a result, imports reached the peak of $8.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3029136803898.8%
China4,8796,3331,539190-66.1%
South Korea3.32.7207100211.8%
Singapore74.817426178.01.4%
India32129019658.8-43.2%
Malaysia62.110883.143.2-11.4%
Others231232282164-10.8%
Total5,8728,0523,2481,024-44.1%

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

  1. Thailand (139.6 tons)
  2. China (96.1 tons)
  3. India (17.6 tons)
  4. Malaysia (9.0 tons)
  5. South Korea (8.0 tons)
  6. Singapore (6.5 tons)

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

In 2022, the amount of tube or pipe threaded elbows, bends and sleeves, other than stainless steels exported from Bangladesh shrank notably to 28 kg, declining by -95.7% against the year before. Over the period under review, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 405%.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels fell markedly to $76 in 2022. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 609%.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Bangladesh (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore78790.055.053.0-59.3%
Brazil79.024.097.014.0-43.8%
South Korea3,9063935169.0-86.8%
IndiaN/AN/A831N/A0%
TurkeyN/AN/A3,031N/A0%
Others291158182N/A-20.9%
Total5,0636654,71276.0-75.3%

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

  1. Singapore (24.0 kg)
  2. South Korea (3.0 kg)
  3. Brazil (1.0 kg)

Source: IndexBox Market Intelligence Platform

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