Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Morocco - 2023
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Morocco (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Morocco (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Morocco
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Morocco
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Morocco (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $3,422 per ton, declining by -13.3% against the previous year. Overall, the import price saw a pronounced slump. The pace of growth was the most pronounced in 2021 an increase of 46%. The import price peaked at $5,302 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($10,076 per ton), while the price for China ($2,411 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.8%), 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 Morocco (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $9,254 per ton in 2022, jumping by 78% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($25,944 per ton), while the average price for exports to Senegal ($3,964 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 Gabon (+37.2%), 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 Morocco
After two years of decline, overseas purchases of tube or pipe threaded elbows, bends and sleeves, other than stainless steels increased by 79% to 592 tons in 2022. Overall, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $2M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 546 | 703 | 525 | 997 | 22.2% |
India | 117 | 69.6 | 138 | 262 | 30.8% |
Italy | 190 | 99.9 | 114 | 217 | 4.5% |
Spain | 289 | 182 | 138 | 118 | -25.8% |
Turkey | 62.6 | 60.4 | 90.6 | 102 | 17.7% |
France | 219 | 146 | 160 | 82.2 | -27.9% |
Others | 208 | 170 | 141 | 246 | 5.8% |
Total | 1,631 | 1,431 | 1,307 | 2,025 | 7.5% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Morocco in 2022:
- China (413.8 tons)
- India (71.1 tons)
- Spain (31.0 tons)
- Turkey (26.7 tons)
- Italy (21.5 tons)
- France (16.2 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Morocco
Exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels from Morocco dropped dramatically to 3.9 tons in 2022, reducing by -87.9% compared with the previous year's figure. Over the period under review, exports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, the exports reached the peak of 33 tons, and then declined remarkably in the following year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels dropped dramatically to $37K in 2022. Overall, exports recorded a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 125% against the previous year.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | 5.2 | 0.9 | 42.3 | 10.7 | 27.2% |
Tunisia | 0.2 | N/A | N/A | 9.3 | 259.6% |
Sudan | N/A | 8.2 | 4.7 | 5.6 | -17.4% |
Senegal | 0.5 | 1.6 | 87.5 | 5.0 | 115.4% |
Guinea | 0.3 | 0.1 | 21.6 | 2.2 | 94.3% |
Cote d'Ivoire | 0.2 | 26.7 | 4.1 | 1.9 | 111.8% |
Spain | 2.8 | 37.0 | N/A | N/A | 1221.4% |
Mali | 10.7 | N/A | N/A | N/A | 0% |
Madagascar | 143 | N/A | 5.7 | N/A | -80.0% |
Others | 12.0 | 1.2 | 4.5 | 1.8 | -46.9% |
Total | 174 | 75.6 | 170 | 36.5 | -40.6% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Morocco in 2022:
- Mauritania (1308.0 kg)
- Senegal (1255.0 kg)
- Sudan (526.0 kg)
- Tunisia (359.0 kg)
- Cote d'Ivoire (277.0 kg)
- Guinea (193.0 kg)
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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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