Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Italy - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Italy (FOB) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Italy (CIF) - 2024
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Italy
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Italy
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Italy (FOB) - 2024
In March 2024, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $16,926 per ton, with a decrease of -1.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 35% against the previous month. The export price peaked at $17,255 per ton in February 2024, and then declined slightly in the following month.
There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was Qatar ($39,551 per ton), while the average price for exports to the United Arab Emirates ($9,816 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Italy (CIF) - 2024
The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $6,251 per ton in March 2024, falling by -33% against the previous month. Overall, the import price showed a deep setback. The pace of growth appeared the most rapid in January 2024 when the average import price increased by 36% against the previous month. The import price peaked at $18,265 per ton in March 2023; however, from April 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Israel ($8,615 per ton), while the price for Turkey ($3,332 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Italy
In 2022, shipments abroad of tube or pipe threaded elbows, bends and sleeves, other than stainless steels was finally on the rise to reach 7.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a pronounced descent.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels soared to $100M in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.5 | 17.2 | 16.1 | 18.3 | -5.2% |
| France | 9.3 | 7.0 | 8.2 | 9.4 | 0.4% |
| Czech Republic | 2.1 | 10.2 | 6.7 | 9.2 | 63.6% |
| United Kingdom | 7.9 | 5.4 | 6.2 | 6.7 | -5.3% |
| Poland | 2.9 | 2.5 | 3.9 | 6.6 | 31.5% |
| Austria | 4.5 | 3.4 | 4.7 | 5.1 | 4.3% |
| Belgium | 3.6 | 3.6 | 4.2 | 4.3 | 6.1% |
| Russia | 0.7 | 0.6 | 1.0 | 4.2 | 81.7% |
| Netherlands | 3.3 | 2.9 | 2.8 | 3.5 | 2.0% |
| Finland | 4.5 | 3.7 | 3.9 | 3.4 | -8.9% |
| United States | 2.9 | 3.5 | 3.2 | 2.4 | -6.1% |
| Spain | 3.0 | 2.1 | 2.0 | 2.1 | -11.2% |
| Slovakia | 0.8 | 0.7 | 0.7 | 0.7 | -4.4% |
| Others | 25.5 | 21.9 | 19.2 | 24.3 | -1.6% |
| Total | 92.4 | 84.6 | 82.7 | 100 | 2.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Italy in 2022:
- Germany (1293.0 tons)
- France (880.4 tons)
- Czech Republic (746.1 tons)
- United Kingdom (517.5 tons)
- Poland (480.8 tons)
- Austria (436.2 tons)
- Russia (341.5 tons)
- Belgium (235.7 tons)
- Netherlands (230.8 tons)
- Spain (202.4 tons)
- Finland (193.9 tons)
- United States (140.6 tons)
- Slovakia (140.0 tons)
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Italy
In 2022, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into Italy skyrocketed to 5.9K tons, picking up by 29% against the previous year. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $50M in 2022. In general, imports saw a strong expansion. As a result, imports reached 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.9 | 6.4 | 11.5 | 17.6 | 17.3% |
| Romania | 9.3 | 9.9 | 8.5 | 17.2 | 22.7% |
| Germany | 3.8 | 3.6 | 5.1 | 5.0 | 9.6% |
| France | 0.8 | 1.0 | 1.3 | 2.5 | 46.2% |
| Spain | 0.7 | 0.5 | 0.9 | 1.3 | 22.9% |
| Czech Republic | N/A | 0.3 | 0.3 | 1.2 | 100.0% |
| Turkey | 0.3 | 0.5 | 0.3 | 0.5 | 18.6% |
| Others | 3.7 | 3.2 | 3.9 | 4.3 | 5.1% |
| Total | 29.5 | 25.3 | 31.8 | 49.6 | 18.9% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Italy in 2022:
- China (2360.2 tons)
- Romania (2238.2 tons)
- France (327.5 tons)
- Germany (279.9 tons)
- Spain (237.2 tons)
- Turkey (168.6 tons)
- Czech Republic (102.6 tons)
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