Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kuwait - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kuwait (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kuwait (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kuwait
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kuwait
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kuwait (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $4,491 per ton, declining by -23.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 38%. As a result, import price reached the peak level of $6,388 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,250 per ton), while the price for China ($1,927 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.2%), 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 Kuwait (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $5,594 per ton, with a decrease of -37.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 68%. As a result, the export price reached the peak level of $16,070 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($39,000 per ton), while the average price for exports to Qatar ($1,091 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 Saudi Arabia (+42.9%), 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 Kuwait
In 2022, after two years of decline, there was significant growth in overseas purchases of tube or pipe threaded elbows, bends and sleeves, other than stainless steels, when their volume increased by 16% to 227 tons. Overall, imports, however, saw a drastic downturn.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels fell to $1M in 2022. Over the period under review, imports, however, showed a deep setback.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 221 | 185 | 118 | 261 | 5.7% |
| United States | 173 | 230 | 187 | 214 | 7.3% |
| Thailand | 417 | 427 | 71.8 | 123 | -33.4% |
| India | 57.6 | 13.1 | 23.7 | 118 | 27.0% |
| Romania | 14.3 | 15.4 | 29.9 | 30.0 | 28.0% |
| France | 93.0 | 56.2 | 46.3 | 27.4 | -33.5% |
| South Korea | 218 | 80.4 | 299 | 26.4 | -50.5% |
| Germany | 44.3 | 13.0 | 62.9 | 14.9 | -30.5% |
| Netherlands | 240 | 109 | 2.5 | 11.7 | -63.5% |
| Austria | 68.0 | 5.2 | 1.2 | 4.0 | -61.1% |
| Others | 313 | 227 | 305 | 191 | -15.2% |
| Total | 1,859 | 1,361 | 1,148 | 1,021 | -18.1% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Kuwait in 2022:
- China (135.3 tons)
- United States (20.8 tons)
- Thailand (17.7 tons)
- India (17.0 tons)
- Romania (5.1 tons)
- South Korea (3.8 tons)
- France (3.1 tons)
- Germany (2.1 tons)
- Austria (0.9 tons)
- Netherlands (0.7 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kuwait
In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were finally on the rise to reach 7.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a deep slump.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels soared to $43K in 2022. In general, exports, however, continue to indicate a dramatic descent.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 37.2 | 0% |
| United Arab Emirates | 51.5 | 1.3 | 0.5 | 1.9 | -66.7% |
| Iran | 3.0 | 4.4 | 1.6 | 0.8 | -35.6% |
| Saudi Arabia | 6.3 | 10.4 | 2.6 | 0.7 | -51.9% |
| Italy | 28.3 | 2.1 | 0.5 | 0.1 | -84.8% |
| Qatar | 5.1 | 0.3 | 0.1 | 0.1 | -73.0% |
| Others | 21.2 | 12.5 | 4.8 | 2.7 | -49.7% |
| Total | 115 | 31.0 | 10.0 | 43.4 | -27.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Kuwait in 2022:
- Kazakhstan (6.8 tons)
- United Arab Emirates (0.5 tons)
- Qatar (0.1 tons)
- Iran (0.1 tons)
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