Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Colombia - 2024

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Colombia (FOB) - 2024
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Colombia (CIF) - 2022
  3. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Colombia
  4. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Colombia

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Colombia (FOB) - 2024

In February 2024, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $4,946 per ton, reducing by -3.5% against the previous month. Overall, the export price saw a mild curtailment. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 9.7% against the previous month. As a result, the export price attained the peak level of $6,767 per ton. From April 2023 to February 2024, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($6,053 per ton), while the average price for exports to Argentina ($2,594 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+5.5%), 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 Colombia (CIF) - 2022

The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $4,023 per ton in 2022, dropping by -13% against the previous year. In general, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 6% against the previous year. The import price peaked at $7,719 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($29,411 per ton), while the price for China ($2,597 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.7%), 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 Colombia

In 2022, approx. 3K tons of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were exported from Colombia; with an increase of 84% against the previous year's figure. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels soared to $29M in 2022. Overall, exports posted a significant increase. 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 Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.37.612.925.380.5%
Canada0.91.53.53.354.2%
Ecuador0.10.30.20.681.7%
Others0.10.10.10.10.0%
Total5.49.516.729.475.9%

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

  1. United States (2341.0 tons)
  2. Canada (520.8 tons)
  3. Ecuador (118.4 tons)

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

In 2022, the amount of tube or pipe threaded elbows, bends and sleeves, other than stainless steels imported into Colombia soared to 2K tons, growing by 82% compared with 2021. Over the period under review, imports showed a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 91% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels skyrocketed to $7.9M in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7146582,0353,56827.7%
United States2,2571,2121,4081,913-5.4%
Mexico50450.8124386-8.5%
Chile11111010130940.7%
Germany39736.3306290-9.9%
Argentina31630.2286220-11.4%
Taiwan (Chinese)72.586.365.720641.6%
Others8276786601,0006.5%
Total6,1972,8624,9867,8938.4%

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

  1. China (1373.8 tons)
  2. United States (119.9 tons)
  3. Chile (96.0 tons)
  4. Mexico (76.9 tons)
  5. Taiwan (Chinese) (72.0 tons)
  6. Germany (62.0 tons)
  7. Argentina (52.6 tons)

Source: IndexBox Market Intelligence Platform

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