Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Libya - 2022

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Libya (CIF) - 2022
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Libya (FOB) - 2022
  3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Libya
  4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Libya

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Libya (CIF) - 2022

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $6,159 per ton, with an increase of 23% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels increased by +52.9% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 30%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($61,917 per ton), while the price for China ($1,848 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+36.7%), 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 Libya (FOB) - 2022

In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $9,500 per ton, remaining stable against the previous year. In general, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked at $45,227 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($13,000 per ton), while the average price for exports to Georgia stood at $6,000 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (0.0%), 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 Libya

In 2022, overseas purchases of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by -5.6% to 49 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 218% against the previous year. As a result, imports attained the peak of 364 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels surged to $299K in 2022. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 313% against the previous year. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey7.128.332.8100141.5%
Italy26.854.911.163.933.6%
United States26.354.854.626.30.0%
China2701,53759.312.3-64.3%
Argentina8.310.67.87.5-3.3%
United Arab Emirates0.81.03.66.5101.0%
GreeceN/AN/AN/A6.30%
India32.42.42.32.7-56.3%
United Kingdom5.226.510.61.5-33.9%
Others61.695.375.372.05.3%
Total4391,811257299-12.0%

Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Libya in 2022:

  1. Turkey (23.0 tons)
  2. China (6.6 tons)
  3. United States (6.4 tons)
  4. Italy (6.0 tons)
  5. Greece (1.7 tons)
  6. Argentina (1.4 tons)
  7. United Arab Emirates (1.2 tons)
  8. India (0.2 tons)
  9. United Kingdom (0.2 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Libya

After two years of decline, overseas shipments of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by 0% to 2 kg in 2022. Overall, exports recorded a significant contraction. The smallest decline of 99.9% was in 2020.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $19 in 2022. In general, exports showed a precipitous curtailment. The smallest decline of 99.9% was in 2020.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Libya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A13.00%
GeorgiaN/AN/AN/A6.00%
Italy1,990N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,990N/AN/A19.0-78.8%

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Libya in 2022:

  1. Austria (1.0 kg)
  2. Georgia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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