Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Latvia - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Latvia (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Latvia (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Latvia
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Latvia
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Latvia (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $13,392 per ton, with an increase of 39% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 69% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($34,349 per ton), while the price for Lithuania ($7,084 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.4%), 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 Latvia (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $17,502 per ton in 2022, with a decrease of -12.2% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of 115%. The export price peaked at $19,939 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($30,081 per ton), while the average price for exports to Estonia ($3,196 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 Georgia (+50.2%), 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 Latvia
Imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into Latvia dropped sharply to 22 tons in 2022, with a decrease of -30.7% on 2021 figures. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels declined slightly to $289K in 2022. Over the period under review, imports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 0.9%.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 76.0 | 74.8 | 101 | 89.1 | 5.4% |
| Italy | 44.5 | 40.6 | 56.7 | 63.7 | 12.7% |
| Lithuania | 34.6 | 35.7 | 57.9 | 61.5 | 21.1% |
| Poland | 121 | 69.4 | 54.8 | 25.3 | -40.6% |
| Belgium | 3.4 | 7.4 | 4.5 | 14.7 | 62.9% |
| Austria | 9.3 | 8.9 | 0.2 | 9.6 | 1.1% |
| China | 15.7 | 7.4 | N/A | N/A | -52.9% |
| Others | 16.2 | 54.1 | 25.5 | 25.0 | 15.6% |
| Total | 320 | 298 | 301 | 289 | -3.3% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Latvia in 2022:
- Lithuania (8.7 tons)
- Germany (5.6 tons)
- Italy (4.2 tons)
- Austria (1.1 tons)
- Poland (0.7 tons)
- Belgium (0.6 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Latvia
In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were finally on the rise to reach 5.3 tons after two years of decline. Over the period under review, exports, however, recorded a dramatic curtailment.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels surged to $93K in 2022. In general, exports continue to indicate strong growth. As a result, the exports reached 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 10.3 | 21.6 | 38.4 | 93.1% |
| Russia | 0.9 | 3.3 | 1.0 | 16.2 | 162.1% |
| Finland | 1.9 | 7.7 | 9.5 | 12.8 | 88.9% |
| Georgia | N/A | N/A | N/A | 9.2 | 0% |
| Czech Republic | N/A | N/A | N/A | 5.1 | 0% |
| Lithuania | 65.1 | 1.5 | 1.5 | 3.5 | -62.3% |
| Estonia | 4.4 | 0.6 | 0.6 | 0.7 | -45.8% |
| Norway | N/A | 7.0 | 0.1 | N/A | -98.6% |
| France | N/A | 6.5 | 0.2 | N/A | -96.9% |
| Others | 1.3 | 1.9 | 6.5 | 6.9 | 74.4% |
| Total | 73.6 | 38.9 | 40.9 | 92.8 | 8.0% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Latvia in 2022:
- United States (1278.0 kg)
- Georgia (1211.0 kg)
- Russia (1014.0 kg)
- Finland (758.0 kg)
- Lithuania (287.0 kg)
- Czech Republic (284.0 kg)
- Estonia (204.0 kg)
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