Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Pakistan - 2023
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Pakistan (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Pakistan (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Pakistan
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Pakistan
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Pakistan (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $742 per ton in 2022, surging by 29% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 +92.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 41% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($1,019 per ton), while the price for Thailand ($277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.0%), 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 Pakistan (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $5,680 per ton in 2022, growing by 3,460% against the previous year. Overall, the export price enjoyed a prominent expansion. Over the period under review, the average export prices reached the peak figure at $10,989 per ton in 2015; however, from 2016 to 2022, the export prices remained at a 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 Spain ($8,389 per ton), while the average price for exports to Romania ($1,272 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 Tanzania (-0.3%), 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 Pakistan
For the third consecutive year, Pakistan recorded decline in supplies from abroad of tube or pipe threaded elbows, bends and sleeves, other than stainless steels, which decreased by -34.6% to 549 tons in 2022. Overall, imports faced a sharp decline. The smallest decline of -9.5% was in 2021.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels declined dramatically to $408K in 2022. Over the period under review, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year.
Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 309 | 280 | 320 | 193 | -14.5% |
France | 0.2 | 0.2 | 0.4 | 64.8 | 586.8% |
Germany | 14.8 | 4.3 | 24.5 | 45.3 | 45.2% |
United States | 52.3 | 25.4 | 20.2 | 34.6 | -12.9% |
Italy | 0.8 | 36.7 | 37.5 | 17.5 | 179.7% |
United Arab Emirates | 4.1 | 2.0 | 4.3 | 16.1 | 57.8% |
United Kingdom | 3.7 | 4.4 | 3.0 | 9.3 | 36.0% |
Thailand | 581 | N/A | 1.0 | 1.1 | -87.6% |
Japan | 61.8 | 5.2 | 51.7 | 0.1 | -88.3% |
Others | 102 | 20.5 | 19.9 | 25.5 | -37.0% |
Total | 1,129 | 379 | 483 | 408 | -28.8% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Pakistan in 2022:
- China (257.8 tons)
- United States (78.2 tons)
- France (77.2 tons)
- Germany (46.1 tons)
- United Arab Emirates (22.1 tons)
- Italy (19.1 tons)
- United Kingdom (11.0 tons)
- Thailand (4.0 tons)
- Japan (0.2 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Pakistan
In 2022, approx. 904 kg of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were exported from Pakistan; with a decrease of -95.4% against 2021 figures. Over the period under review, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 816%. As a result, the exports reached the peak of 20 tons, and then fell rapidly in the following year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels skyrocketed to $5.1K in 2022. Overall, exports saw a precipitous curtailment.
Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | N/A | N/A | N/A | 4.5 | 0% |
Romania | N/A | N/A | N/A | 0.3 | 0% |
Spain | N/A | N/A | N/A | 0.2 | 0% |
Ghana | N/A | N/A | N/A | 0.1 | 0% |
Ireland | N/A | N/A | N/A | 0.1 | 0% |
Mozambique | 4.2 | N/A | N/A | N/A | 0% |
Saudi Arabia | N/A | 4.9 | N/A | N/A | 0% |
United Arab Emirates | N/A | N/A | 0.9 | N/A | 0% |
Angola | 4.3 | N/A | N/A | N/A | 0% |
Others | 12.9 | 0.1 | 2.2 | N/A | -58.7% |
Total | 21.4 | 5.0 | 3.1 | 5.1 | -38.0% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Pakistan in 2022:
- Canada (547.0 kg)
- Romania (257.0 kg)
- Ghana (55.0 kg)
- Ireland (24.0 kg)
- Spain (18.0 kg)
- Angola (3.0 kg)
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
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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