Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kenya - 2023
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kenya (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kenya (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kenya
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kenya
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kenya (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $2,113 per ton in 2022, dropping by -19.3% against the previous year. Overall, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2014 an increase of 26%. Over the period under review, average import prices reached the peak figure at $3,787 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($13,927 per ton), while the price for China ($1,275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.3%), while the prices for the other major suppliers experienced a decline.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kenya (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $6,060 per ton, which is down by -16.5% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels increased by +4.5% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 37% against the previous year. The export price peaked at $7,253 per ton in 2021, and then declined rapidly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($14,714 per ton), while the average price for exports to Nigeria ($119 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 Democratic Republic of the Congo (+23.2%), 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 Kenya
In 2022, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into Kenya skyrocketed to 227 tons, growing by 75% compared with 2021. Overall, imports continue to indicate a significant increase. 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 $480K in 2022. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 182 | 121 | 304 | 233 | 8.6% |
Belgium | 26.3 | 17.5 | 10.2 | 77.3 | 43.2% |
India | 31.8 | 17.1 | 4.6 | 29.3 | -2.7% |
United Arab Emirates | 10.8 | 7.2 | 0.5 | 17.6 | 17.7% |
Others | 59.7 | 32.3 | 20.7 | 123 | 27.2% |
Total | 310 | 195 | 340 | 480 | 15.7% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Kenya in 2022:
- China (182.7 tons)
- India (12.7 tons)
- United Arab Emirates (9.1 tons)
- Belgium (5.6 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kenya
In 2022, the amount of tube or pipe threaded elbows, bends and sleeves, other than stainless steels exported from Kenya surged to 7.7 tons, growing by 416% against 2021. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 440%. The exports peaked 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 $47K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 575% against the previous year. Over the period under review, the exports of reached the peak figure 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 Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | 0.1 | 0.3 | 2.4 | 33.6 | 595.2% |
South Sudan | 0.1 | 0.1 | 3.7 | 3.3 | 220.8% |
Belgium | 0.1 | 0.4 | 1.2 | 1.9 | 166.8% |
Uganda | N/A | N/A | N/A | 1.6 | 0% |
Rwanda | 1.1 | 0.1 | 0.2 | 1.3 | 5.7% |
Somalia | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
Nigeria | N/A | N/A | N/A | 0.3 | 0% |
Mozambique | 10.8 | N/A | N/A | N/A | 0% |
Others | 0.5 | 0.6 | 3.1 | 4.4 | 106.5% |
Total | 12.8 | 1.6 | 10.9 | 46.8 | 54.1% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Kenya in 2022:
- Nigeria (2482.0 kg)
- Ghana (2283.0 kg)
- Uganda (1287.0 kg)
- Rwanda (813.0 kg)
- South Sudan (320.0 kg)
- Belgium (139.0 kg)
- Somalia (126.0 kg)
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
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