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

Contents:

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

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

The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $14,758 per ton in 2022, growing by 7.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 29% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($14,760 per ton) and Romania ($14,759 per ton), while the price for Taiwan (Chinese) ($14,743 per ton) and the United States ($14,755 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.5%), 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 Egypt (FOB) - 2022

In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $13,138 per ton, picking up by 5.5% against the previous year. Over the period under review, the export price saw modest growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($13,138 per ton), while the average price for exports to Iraq ($13,137 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 Italy (+5.5%).

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

Imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into Egypt expanded to 187 tons in 2022, surging by 2.8% against the year before. Overall, imports, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 43%.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels expanded sharply to $2.8M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/A1958881,211149.2%
China1,240899357637-19.9%
South Korea6.17.7423501334.7%
Italy39.019.720312848.6%
RomaniaN/AN/A0.163.062900.0%
India8.420.96.153.385.1%
France80.913.94.034.4-24.8%
Japan15.110917.231.527.8%
Germany35869.861.629.6-56.4%
United States47.712.111717.8-28.0%
United Arab Emirates78.91.8206N/A61.6%
Mexico126N/AN/AN/A0%
Others10415121051.0-21.1%
Total2,1031,4992,4922,7579.4%

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

  1. Thailand (82.0 tons)
  2. China (43.1 tons)
  3. South Korea (34.0 tons)
  4. Italy (8.7 tons)
  5. Romania (4.3 tons)
  6. India (3.6 tons)
  7. France (2.3 tons)
  8. Japan (2.1 tons)
  9. Germany (2.0 tons)
  10. United States (1.2 tons)

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

In 2022, after two years of growth, there was significant decline in overseas shipments of tube or pipe threaded elbows, bends and sleeves, other than stainless steels, when their volume decreased by -37.5% to 112 tons. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,878% against the previous year. As a result, the exports reached the peak of 179 tons, and then reduced dramatically in the following year.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels fell notably to $1.5M in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,815%. As a result, the exports attained the peak of $2.2M, and then dropped significantly in the following year.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Egypt (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Turkey76.51,808772217.7%
ItalyN/A234605158.5%
IraqN/AN/A92.80%
RussiaN/A189N/A0%
OthersN/AN/AN/A0%
Total76.52,2301,470338.4%

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

  1. Turkey (58.8 tons)
  2. Italy (46.0 tons)
  3. Iraq (7.1 tons)

Source: IndexBox Market Intelligence Platform

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