Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan (FOB) - 2024
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan (CIF) - 2024
In May 2024, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $9,783 per ton, waning by -10% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 an increase of 12% month-to-month. Over the period under review, average import prices attained the maximum at $11,160 per ton in June 2023; however, from July 2023 to May 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($12,004 per ton), while the price for Taiwan (Chinese) ($2,663 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by the Philippines (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan (FOB) - 2024
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $27,027 per ton in May 2024, growing by 16% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 26% m-o-m. The export price peaked at $28,194 per ton in March 2024; however, from April 2024 to May 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($33,244 per ton), while the average price for exports to the Philippines ($6,149 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.9%), 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 Japan
Imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into Japan rose to 5.5K tons in 2022, growing by 4.3% against the previous year. In general, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels totaled $62M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +65.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.1 | 18.9 | 34.9 | 37.7 | 10.3% |
| South Korea | 10.7 | 8.0 | 11.7 | 12.2 | 4.5% |
| Philippines | 3.4 | 2.7 | 3.9 | 4.4 | 9.0% |
| Indonesia | 1.8 | 2.3 | 2.6 | 1.6 | -3.9% |
| Taiwan (Chinese) | 0.7 | 0.4 | 0.4 | 0.7 | 0.0% |
| Others | 6.6 | 5.2 | 6.7 | 5.5 | -5.9% |
| Total | 51.2 | 37.4 | 60.3 | 62.0 | 6.6% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Japan in 2022:
- China (3355.0 tons)
- South Korea (1116.1 tons)
- Indonesia (391.5 tons)
- Philippines (370.7 tons)
- Taiwan (Chinese) (154.9 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan
Exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels from Japan soared to 899 tons in 2022, growing by 41% compared with the year before. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels surged to $27M in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 105%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 3.3 | 8.7 | 10.8 | 70.0% |
| United States | 1.5 | 1.2 | 4.6 | 7.5 | 71.0% |
| Indonesia | 1.5 | 1.0 | 1.7 | 1.9 | 8.2% |
| Thailand | 1.1 | 0.5 | 1.1 | 1.5 | 10.9% |
| Brazil | 0.7 | 0.5 | 0.7 | 0.9 | 8.7% |
| India | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Philippines | 0.3 | 0.3 | 0.4 | 0.1 | -30.7% |
| Others | 4.2 | 3.4 | 3.6 | 4.0 | -1.6% |
| Total | 11.7 | 10.3 | 21.2 | 27.1 | 32.3% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Japan in 2022:
- United States (238.8 tons)
- China (223.6 tons)
- Indonesia (161.8 tons)
- Thailand (86.8 tons)
- Brazil (65.3 tons)
- India (24.9 tons)
- Philippines (19.7 tons)
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