Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ethiopia - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ethiopia (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ethiopia (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ethiopia
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ethiopia
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ethiopia (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $2,283 per ton in 2022, reducing by -32.9% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 105% against the previous year. As a result, import price attained the peak level of $6,801 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($30,441 per ton), while the price for China ($1,579 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), 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 Ethiopia (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $11,333 per ton in 2022, falling by -13.5% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 an increase of 70% against the previous year. Over the period under review, the average export prices attained the peak figure at $20,526 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($17,800 per ton), while the average price for exports to Tanzania ($1,100 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 Belgium (+0.1%), 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 Ethiopia
For the fourth year in a row, Ethiopia recorded growth in purchases abroad of tube or pipe threaded elbows, bends and sleeves, other than stainless steels, which increased by 122% to 305 tons in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels surged to $695K in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 127% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 88.9 | 264 | 203 | 439 | 70.3% |
| Italy | 5.2 | 61.8 | 21.3 | 63.4 | 130.2% |
| Turkey | 50.0 | 37.3 | 77.6 | 26.6 | -19.0% |
| Spain | 7.2 | 19.1 | 25.2 | 24.3 | 50.0% |
| India | 32.8 | 34.3 | 27.8 | 18.0 | -18.1% |
| Others | 57.0 | 130 | 112 | 124 | 29.6% |
| Total | 241 | 546 | 467 | 695 | 42.3% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Ethiopia in 2022:
- China (277.8 tons)
- India (6.4 tons)
- Spain (4.8 tons)
- Italy (4.3 tons)
- Turkey (2.4 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ethiopia
In 2022, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels from Ethiopia soared to 33 kg, increasing by 18% on the previous year's figure. In general, exports, however, saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 435 kg. 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 expanded to $374 in 2022. Over the period under review, exports, however, saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 99%. As a result, the exports reached the peak of $8.9K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4,023 | 4,979 | 325 | 356 | -55.4% |
| Tanzania | 215 | 333 | 14.0 | 11.0 | -62.9% |
| United Arab Emirates | 209 | 140 | 6.0 | 5.0 | -71.2% |
| Germany | 34.0 | 32.0 | 2.0 | 2.0 | -61.1% |
| Malaysia | N/A | 3,445 | N/A | N/A | 0% |
| Others | N/A | N/A | 20.0 | N/A | 0% |
| Total | 4,481 | 8,929 | 367 | 374 | -56.3% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Ethiopia in 2022:
- Belgium (20.0 kg)
- Tanzania (10.0 kg)
- United Arab Emirates (2.0 kg)
- Germany (1.0 kg)
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