Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Iran - 2022

Contents:

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

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

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $4,974 per ton, growing by 68% against the previous year. Overall, the import price posted a noticeable expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Austria ($34,722 per ton), while the price for China ($2,636 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.5%), 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 Iran (FOB) - 2022

In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $1,392 per ton, increasing by 14% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 84% against the previous year. As a result, the export price attained the peak level of $4,291 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($4,006 per ton), while the average price for exports to Kyrgyzstan ($346 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 Armenia (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of tube or pipe threaded elbows, bends and sleeves, other than stainless steels was finally on the rise to reach 271 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep slump.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels soared to $1.3M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0651,008504619-16.5%
Austria60.48.1N/A533106.6%
Italy53.9N/A35.513435.5%
Azerbaijan17.4N/A11.7N/A-18.0%
Others1369.135.659.5-24.1%
Total1,3331,0265871,3460.3%

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

  1. China (234.9 tons)
  2. Austria (15.4 tons)
  3. Italy (14.4 tons)

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

In 2022, the amount of tube or pipe threaded elbows, bends and sleeves, other than stainless steels exported from Iran soared to 45 tons, jumping by 127% compared with the previous year's figure. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 399% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels skyrocketed to $62K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 225%. Over the period under review, the exports of reached the peak figure in 2022 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 Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/A2.845.41521.4%
KyrgyzstanN/AN/A10.410.40.0%
Armenia0.50.3N/A3.693.1%
OmanN/AN/A0.21.2500.0%
Uzbekistan2.413.2N/AN/A450.0%
GeorgiaN/AN/A4.1N/A0%
Others1.50.76.61.62.2%
Total4.414.224.162.2141.8%

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

  1. Kyrgyzstan (30.0 tons)
  2. Turkey (11.3 tons)
  3. Oman (1.8 tons)
  4. Armenia (1.1 tons)

Source: IndexBox Market Intelligence Platform

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