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

Contents:

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

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

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $6,365 per ton, rising by 43% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,620 per ton), while the price for Turkey ($3,651 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.0%), 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 Greece (FOB) - 2024

The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $11,980 per ton in March 2024, rising by 95% against the previous month. Over the period under review, the export price recorded perceptible growth. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 183% month-to-month. As a result, the export price reached the peak level of $14,155 per ton. From December 2023 to March 2024, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In March 2024, the highest price was recorded for prices to Serbia ($12,555 per ton) and Albania ($12,266 per ton), while the average price for exports to Cyprus ($8,949 per ton) and North Macedonia ($10,669 per ton) were amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by -25.7% to 836 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +34.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of 1.1K 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 expanded significantly to $5.3M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +47.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 38%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,7881,9072,4452,90317.5%
China817532730610-9.3%
Turkey25023363359733.7%
Germany321210279277-4.8%
Portugal2432443272764.3%
Spain1681892902067.0%
Netherlands13.127.937.7199147.7%
France99.084.911131.4-31.8%
Others1961881402193.8%
Total3,8953,6164,9925,32011.0%

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

  1. Italy (442.5 tons)
  2. Turkey (163.5 tons)
  3. China (108.0 tons)
  4. Portugal (53.8 tons)
  5. Netherlands (16.1 tons)
  6. Germany (14.1 tons)
  7. Spain (12.6 tons)
  8. France (3.2 tons)

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

In 2022, approx. 218 tons of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were exported from Greece; growing by 36% on the previous year. The total export volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels reduced to $1.2M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 22%. As a result, the exports attained the peak of $1.4M. 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 Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France34265542151314.5%
Serbia2041772422222.9%
Cyprus36419476.1140-27.3%
Albania142219275118-6.0%
North Macedonia61.992.099.481.79.7%
KosovoN/A41.261.720.1-30.2%
Others66.055.371.192.712.0%
Total1,1801,4341,2471,1870.2%

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

  1. France (146.3 tons)
  2. Serbia (22.0 tons)
  3. Cyprus (19.9 tons)
  4. Albania (10.9 tons)
  5. North Macedonia (8.9 tons)
  6. Kosovo (3.0 tons)

Source: IndexBox Market Intelligence Platform

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