Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in South Africa - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in South Africa (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in South Africa (FOB) - 2024
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in South Africa
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in South Africa
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in South Africa (CIF) - 2024
The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $4,387 per ton in May 2024, increasing by 176% against the previous month. Overall, the import price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in December 2023 an increase of 194% month-to-month. The import price peaked at $7,524 per ton in February 2024; however, from March 2024 to May 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($24,296 per ton), while the price for China ($2,292 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Germany (-1.3%), 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 South Africa (FOB) - 2024
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $4,182 per ton in May 2024, surging by 12% against the previous month. In general, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in March 2024 when the average export price increased by 101% against the previous month. As a result, the export price reached the peak level of $10,107 per ton. From April 2024 to May 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In May 2024, the country with the highest price was Mozambique ($20,305 per ton), while the average price for exports to Swaziland ($1,622 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+9.7%), 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 South Africa
In 2022, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into South Africa surged to 3K tons, increasing by 57% on the year before. Overall, imports recorded noticeable growth. As a result, imports attained 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 expanded markedly to $9.9M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year. Imports peaked in 2022 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 South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 3.5 | 5.4 | 6.2 | 13.0% |
| United States | 1.0 | 0.8 | 0.8 | 1.2 | 6.3% |
| Germany | 0.5 | 0.4 | 0.7 | 0.7 | 11.9% |
| Italy | 0.9 | 0.3 | 0.7 | 0.6 | -12.6% |
| Others | 1.2 | 0.7 | 1.4 | 1.2 | 0.0% |
| Total | 7.8 | 5.7 | 9.0 | 9.9 | 8.3% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to South Africa in 2022:
- China (2797.3 tons)
- Italy (57.4 tons)
- Germany (54.1 tons)
- United States (52.3 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in South Africa
In 2022, the amount of tube or pipe threaded elbows, bends and sleeves, other than stainless steels exported from South Africa declined remarkably to 615 tons, waning by -25.5% compared with the previous year. Over the period under review, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels declined modestly to $4.1M in 2022. In general, exports faced a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 744 | 1,359 | 1,471 | 1,288 | 20.1% |
| Democratic Republic of the Congo | 2,099 | 449 | 854 | 684 | -31.2% |
| Mozambique | 412 | 152 | 183 | 631 | 15.3% |
| Zambia | 476 | 211 | 357 | 248 | -19.5% |
| Botswana | 1,207 | 160 | 227 | 220 | -43.3% |
| Swaziland | 225 | 247 | 385 | 181 | -7.0% |
| Namibia | 262 | 130 | 178 | 173 | -12.9% |
| Others | 505 | 591 | 650 | 713 | 12.2% |
| Total | 5,931 | 3,300 | 4,304 | 4,139 | -11.3% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from South Africa in 2022:
- Zimbabwe (173.7 tons)
- Swaziland (104.4 tons)
- Democratic Republic of the Congo (80.3 tons)
- Botswana (71.8 tons)
- Mozambique (71.2 tons)
- Zambia (42.7 tons)
- Namibia (22.9 tons)
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