Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Indonesia - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Indonesia (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Indonesia (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Indonesia
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Indonesia
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Indonesia (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $5,958 per ton, which is down by -19.9% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels increased by +11.3% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 44%. The import price peaked at $7,436 per ton in 2021, and then fell significantly in the following year.
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 Singapore ($17,634 per ton), while the price for Thailand ($2,813 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.3%), 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 Indonesia (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $5,704 per ton, surging by 113% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices hit record highs at $6,813 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($44,304 per ton), while the average price for exports to Malaysia ($2,736 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 Denmark (+103.7%), 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 Indonesia
In 2022, overseas purchases of tube or pipe threaded elbows, bends and sleeves, other than stainless steels increased by 24% to 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep downturn.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels fell slightly to $7.5M in 2022. Overall, imports, however, faced a abrupt contraction.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 3.8 | 3.3 | 3.0 | -19.7% |
| Japan | 1.5 | 1.0 | 1.7 | 1.9 | 8.2% |
| Singapore | 2.6 | 1.9 | 1.4 | 1.3 | -20.6% |
| United States | 0.3 | 0.8 | 0.3 | 0.3 | 0.0% |
| South Korea | 0.8 | 0.2 | 0.2 | 0.2 | -37.0% |
| Taiwan (Chinese) | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Malaysia | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Others | 1.3 | 1.5 | 0.6 | 0.7 | -18.6% |
| Total | 13.1 | 9.4 | 7.6 | 7.5 | -17.0% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Indonesia in 2022:
- China (915.2 tons)
- Japan (163.7 tons)
- Singapore (71.5 tons)
- United States (29.6 tons)
- South Korea (23.8 tons)
- Taiwan (Chinese) (15.9 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Indonesia
In 2022, approx. 605 tons of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were exported from Indonesia; reducing by -70.1% against the previous year. Overall, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 127%. As a result, the exports attained the peak of 2K tons, and then fell significantly in the following year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels fell significantly to $3.4M in 2022. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 35%.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,753 | 2,279 | 2,572 | 1,565 | -3.7% |
| United Arab Emirates | 0.2 | 113 | 503 | 698 | 1416.8% |
| United States | 1,677 | 949 | 899 | 455 | -35.3% |
| Singapore | 110 | 82.0 | 415 | 171 | 15.8% |
| Vietnam | 0.8 | 109 | 28.7 | 149 | 471.1% |
| Philippines | 0.1 | 6.6 | 5.4 | 73.0 | 800.4% |
| South Korea | 0.7 | N/A | 706 | 0.2 | -34.1% |
| Papua New Guinea | N/A | N/A | 61.3 | N/A | 0% |
| Saudi Arabia | 792 | 70.2 | 99.1 | N/A | -64.6% |
| Others | 1,109 | 418 | 134 | 337 | -32.8% |
| Total | 5,443 | 4,028 | 5,424 | 3,449 | -14.1% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Indonesia in 2022:
- Japan (390.2 tons)
- United States (127.3 tons)
- Singapore (21.5 tons)
- United Arab Emirates (15.7 tons)
- Philippines (13.7 tons)
- Vietnam (10.1 tons)
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