Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $3,739 per ton in 2022, falling by -28.3% against the previous year. Overall, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 20%. Over the period under review, average import prices hit record highs at $5,214 per ton in 2021, and then reduced rapidly in the following year.
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 Hong Kong SAR ($7,547 per ton), while the price for China ($3,017 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.9%), 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 Malaysia (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $3,599 per ton in 2022, growing by 36% against the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 56% against the previous year. As a result, the export price reached the peak level of $5,296 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
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 the United Arab Emirates ($6,865 per ton), while the average price for exports to the United States ($1,728 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 Egypt (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia
In 2022, supplies from abroad of tube or pipe threaded elbows, bends and sleeves, other than stainless steels was finally on the rise to reach 3.2K tons after two years of decline. In general, imports, however, faced a abrupt slump.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels shrank to $12M in 2022. Overall, imports, however, recorded a abrupt descent. The smallest decline of -11.8% was in 2020.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.4 | 3.6 | 5.0 | 5.3 | -10.5% |
United States | 2.8 | 4.9 | 2.9 | 1.7 | -15.3% |
Singapore | 2.4 | 3.1 | 1.7 | 1.5 | -14.5% |
Hong Kong SAR | 0.4 | 3.1 | 2.2 | 1.0 | 35.7% |
Japan | 1.9 | 0.8 | 0.2 | 0.7 | -28.3% |
South Korea | 0.7 | 0.6 | 1.0 | 0.6 | -5.0% |
Thailand | 0.6 | 0.3 | 0.1 | 0.4 | -12.6% |
Others | 3.0 | 0.6 | 0.4 | 0.6 | -41.5% |
Total | 19.2 | 16.9 | 13.7 | 11.9 | -14.7% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Malaysia in 2022:
- China (1769.3 tons)
- Singapore (407.8 tons)
- United States (369.0 tons)
- South Korea (145.0 tons)
- Hong Kong SAR (138.6 tons)
- Thailand (129.9 tons)
- Japan (102.5 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia
In 2022, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels from Malaysia reduced notably to 350 tons, declining by -45.8% on the previous year's figure. Overall, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels declined notably to $1.3M in 2022. Over the period under review, exports recorded a sharp decline. The smallest decline of -0.1% was in 2021.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 349 | 1.4 | 322 | 557 | 16.9% |
Singapore | 2,421 | 559 | 881 | 338 | -48.1% |
United States | 1,270 | 698 | 2.9 | 178 | -48.1% |
Australia | 570 | 32.9 | 13.4 | 101 | -43.8% |
Egypt | N/A | N/A | N/A | 39.7 | 0% |
Thailand | 97.1 | 71.0 | 73.5 | 3.7 | -66.3% |
Brunei Darussalam | 731 | 70.0 | 32.6 | 1.8 | -86.5% |
Indonesia | 355 | 82.5 | 11.1 | N/A | -82.3% |
Myanmar | 89.6 | 1.8 | 83.1 | N/A | -3.7% |
Mauritania | 504 | N/A | N/A | N/A | 0% |
Others | 1,424 | 192 | 288 | 41.2 | -69.3% |
Total | 7,811 | 1,710 | 1,708 | 1,259 | -45.6% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Malaysia in 2022:
- Singapore (128.5 tons)
- United States (102.9 tons)
- United Arab Emirates (81.1 tons)
- Australia (18.4 tons)
- Egypt (8.1 tons)
- Thailand (1.2 tons)
- Brunei Darussalam (0.5 tons)
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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...
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