Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Sweden - 2024

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Sweden (CIF) - 2024
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Sweden (FOB) - 2024
  3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Sweden
  4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Sweden

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Sweden (CIF) - 2024

In March 2024, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $13,855 per ton, with an increase of 17% against the previous month. In general, the import price enjoyed a noticeable increase. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 165% month-to-month. Over the period under review, average import prices hit record highs in March 2024.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($55,177 per ton), while the price for Norway ($4,643 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the UK (+11.5%), 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 Sweden (FOB) - 2024

The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $27,045 per ton in March 2024, declining by -18.4% against the previous month. Over the period under review, export price indicated a noticeable expansion from March 2023 to March 2024: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels increased by +69.6% against November 2023 indices. The pace of growth appeared the most rapid in January 2024 when the average export price increased by 40% m-o-m. The export price peaked at $33,159 per ton in February 2024, and then declined remarkably in the following month.

There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was the United States ($34,101 per ton), while the average price for exports to the Philippines ($5,072 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.9%), 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 Sweden

In 2022, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into Sweden soared to 3K tons, picking up by 22% against the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels rose significantly to $20M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.37.79.110.43.8%
Denmark1.00.71.31.719.3%
China2.22.11.41.2-18.3%
South Korea0.80.61.21.111.2%
Italy0.80.40.91.07.7%
Poland1.31.01.40.9-11.5%
Finland0.20.30.30.644.2%
Taiwan (Chinese)0.20.30.10.1-20.6%
Others1.71.22.02.919.5%
Total17.414.317.619.84.4%

Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Sweden in 2022:

  1. Denmark (961.8 tons)
  2. Germany (918.8 tons)
  3. Poland (505.9 tons)
  4. Finland (165.0 tons)
  5. South Korea (122.5 tons)
  6. China (85.1 tons)
  7. Italy (71.8 tons)
  8. Taiwan (Chinese) (12.1 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Sweden

Exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels from Sweden rose slightly to 791 tons in 2022, growing by 2.9% against 2021. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $17M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3,2692,5563,9323,7194.4%
United States9225641,7612,34436.5%
France8207001,0211,0649.1%
Netherlands5516038241,01322.5%
Belgium1,011665931962-1.6%
Germany9478641,206840-3.9%
Italy46549790781620.6%
Brazil54254381379113.4%
Denmark1,203767961790-13.1%
Finland4634276415284.5%
India13319437946952.2%
Israel1.18.62.1219483.9%
Lithuania83.674.613213617.6%
Others2,1312,6243,2373,20714.6%
Total12,54111,08616,74716,90010.5%

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Sweden in 2022:

  1. Poland (180.2 tons)
  2. United States (121.7 tons)
  3. Belgium (108.2 tons)
  4. France (57.7 tons)
  5. Netherlands (41.0 tons)
  6. Denmark (36.9 tons)
  7. Brazil (36.5 tons)
  8. Germany (26.4 tons)
  9. Finland (22.5 tons)
  10. Italy (20.6 tons)
  11. Lithuania (18.6 tons)
  12. Israel (14.7 tons)
  13. India (14.3 tons)

Source: IndexBox Market Intelligence Platform

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