Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China (FOB) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China (CIF) - 2024
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China (FOB) - 2024
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $3,659 per ton in May 2024, growing by 4.3% against the previous month. Overall, the export price, however, continues to indicate a slight curtailment. The export price peaked at $4,521 per ton in August 2023; however, from September 2023 to May 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($9,689 per ton), while the average price for exports to Israel ($718 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.6%), while the prices for the other major destinations experienced a decline.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China (CIF) - 2024
In May 2024, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $20,293 per ton, waning by -6.5% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 an increase of 53% against the previous month. As a result, import price reached the peak level of $30,823 per ton. From December 2023 to May 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Germany ($45,815 per ton), while the price for Thailand ($4,372 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by the Philippines (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China
In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were finally on the rise to reach 71K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt contraction.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $339M in 2022. Overall, exports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 125 | 80.6 | 83.8 | 128 | 0.8% |
| Japan | 23.9 | 16.7 | 28.5 | 30.5 | 8.5% |
| South Korea | 2.3 | 4.6 | 6.2 | 14.1 | 83.0% |
| Canada | 7.0 | 7.4 | 9.8 | 12.0 | 19.7% |
| Italy | 7.5 | 6.1 | 10.0 | 9.9 | 9.7% |
| Brazil | 6.6 | 4.7 | 8.4 | 9.8 | 14.1% |
| Russia | 8.5 | 5.5 | 7.8 | 8.3 | -0.8% |
| Mexico | 6.1 | 6.2 | 8.2 | 7.4 | 6.7% |
| Thailand | 6.4 | 6.8 | 8.5 | 6.4 | 0.0% |
| Philippines | 1.9 | 2.1 | 5.4 | 6.3 | 49.1% |
| Saudi Arabia | 2.0 | 1.6 | 2.0 | 6.2 | 45.8% |
| Turkey | 1.4 | 2.7 | 6.0 | 4.4 | 46.5% |
| Vietnam | 4.4 | 3.6 | 3.4 | 3.1 | -11.0% |
| Others | 170 | 106 | 116 | 93.2 | -18.2% |
| Total | 374 | 254 | 305 | 339 | -3.2% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from China in 2022:
- United States (30.5K tons)
- Japan (2.8K tons)
- South Korea (2.7K tons)
- Canada (2.4K tons)
- Mexico (2.0K tons)
- Russia (2.0K tons)
- Saudi Arabia (1.8K tons)
- Turkey (1.5K tons)
- Brazil (1.4K tons)
- Vietnam (1.3K tons)
- Thailand (1.3K tons)
- Italy (1.2K tons)
- Philippines (1.2K tons)
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China
In 2022, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into China shrank remarkably to 2.5K tons, reducing by -32.4% compared with the year before. In general, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of 3.7K tons, and then shrank sharply in the following year.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels declined to $53M in 2022. Overall, imports recorded a mild decrease. The most prominent rate of growth was recorded in 2020 with an increase of 7.3%.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.4 | 14.2 | 8.2 | 10.9 | -8.9% |
| South Korea | 3.5 | 3.5 | 4.5 | 5.1 | 13.4% |
| Japan | 9.2 | 8.9 | 8.2 | 4.5 | -21.2% |
| Germany | 4.1 | 4.6 | 4.3 | 4.4 | 2.4% |
| Austria | 0.6 | 0.1 | 1.4 | 3.9 | 86.6% |
| Italy | 2.8 | 4.5 | 3.1 | 1.9 | -12.1% |
| Thailand | 4.8 | 2.7 | 3.2 | 1.6 | -30.7% |
| Philippines | N/A | 0.3 | N/A | 0.3 | 0.0% |
| Malaysia | 0.9 | 0.3 | 5.5 | N/A | 147.2% |
| Others | 15.1 | 20.4 | 21.9 | 20.8 | 11.3% |
| Total | 55.4 | 59.4 | 60.2 | 53.4 | -1.2% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to China in 2022:
- South Korea (836.4 tons)
- United States (357.1 tons)
- Japan (246.4 tons)
- Thailand (227.7 tons)
- Italy (199.2 tons)
- Austria (114.2 tons)
- Philippines (92.1 tons)
- Germany (91.3 tons)
- Malaysia (0.9 tons)
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