Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Panama - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Panama (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Panama (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Panama
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Panama
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Panama (CIF) - 2024
The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $4,621 per ton in April 2024, shrinking by -66.8% against the previous month. Overall, the import price saw a deep downturn. The pace of growth was the most pronounced in August 2023 an increase of 640% m-o-m. The import price peaked at $13,925 per ton in March 2024, and then contracted remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was the United States ($26,258 per ton), while the price for Germany ($3,154 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Thailand (+0.6%), 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 Panama (FOB) - 2022
In 2022, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $11,058 per ton, which is down by -11.1% against the previous year. Over the period under review, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 211% against the previous year. The export price peaked at $18,964 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($15,610 per ton), while the average price for exports to Paraguay ($5,487 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 Peru (+29.6%), 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 Panama
In 2022, supplies from abroad of tube or pipe threaded elbows, bends and sleeves, other than stainless steels increased by 43% to 311 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt decline.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels skyrocketed to $2.6M in 2022. Over the period under review, imports, however, saw a drastic downturn.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 378 | 110 | 312 | 1,338 | 52.4% |
| China | 1,551 | 805 | 419 | 603 | -27.0% |
| Thailand | 30.5 | 8.4 | 43.5 | 159 | 73.4% |
| Colombia | 17.4 | 91.6 | 2.5 | 73.1 | 61.4% |
| Free Zones | 121 | 83.8 | 205 | 61.8 | -20.1% |
| India | 5.8 | 7.7 | 1.4 | 37.7 | 86.6% |
| Italy | 1,216 | 686 | 41.3 | 33.6 | -69.8% |
| Mexico | 38.5 | 144 | 7.2 | 27.8 | -10.3% |
| Costa Rica | 8.8 | 25.5 | 32.6 | 23.2 | 38.1% |
| Spain | 33.0 | 9.3 | 143 | 17.9 | -18.4% |
| Germany | 23.4 | 21.1 | 45.6 | 16.1 | -11.7% |
| Others | 342 | 124 | 55.0 | 204 | -15.8% |
| Total | 3,765 | 2,116 | 1,309 | 2,596 | -11.7% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Panama in 2022:
- China (125.6 tons)
- United States (86.8 tons)
- Thailand (35.3 tons)
- Colombia (14.7 tons)
- Costa Rica (6.0 tons)
- Free Zones (5.7 tons)
- India (5.1 tons)
- Italy (4.1 tons)
- Mexico (3.8 tons)
- Germany (3.6 tons)
- Spain (2.7 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Panama
In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by -16.5% to 4.9 tons, falling for the second year in a row after two years of growth. In general, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 105%. As a result, the exports reached the peak of 21 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels contracted rapidly to $54K in 2022. Over the period under review, exports saw a precipitous decrease. The smallest decline of -11.6% was in 2020.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Trinidad and Tobago | 1.7 | 13.6 | 22.6 | 18.7 | 122.4% |
| Peru | N/A | N/A | N/A | 15.6 | 0% |
| Costa Rica | 13.9 | 10.9 | 13.7 | 12.8 | -2.7% |
| Jamaica | 3.0 | N/A | 0.6 | 5.3 | 20.9% |
| Paraguay | N/A | N/A | N/A | 1.1 | 0% |
| Ecuador | N/A | N/A | 0.7 | 0.9 | 28.6% |
| Spain | N/A | 21.1 | N/A | N/A | 0% |
| Guatemala | 96.7 | 41.2 | 35.6 | N/A | -39.3% |
| United States | N/A | 10.4 | N/A | N/A | 0% |
| Romania | N/A | 6.3 | N/A | N/A | 0% |
| Others | 2.3 | 0.6 | 0.3 | 0.2 | -55.7% |
| Total | 118 | 104 | 73.4 | 54.5 | -22.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Panama in 2022:
- Trinidad and Tobago (1802.0 kg)
- Peru (1277.0 kg)
- Costa Rica (1153.0 kg)
- Jamaica (341.0 kg)
- Paraguay (195.0 kg)
- Ecuador (155.0 kg)
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