Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Switzerland - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Switzerland (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Switzerland (FOB) - 2024
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Switzerland
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Switzerland
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Switzerland (CIF) - 2024
In May 2024, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $18,392 per ton, waning by -4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 34% m-o-m. The import price peaked at $21,274 per ton in November 2023; however, from December 2023 to May 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Austria ($41,231 per ton), while the price for Turkey ($6,219 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 Austria (+19.7%), 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 Switzerland (FOB) - 2024
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $29,594 per ton in May 2024, with a decrease of -27.4% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 210% against the previous month. The export price peaked at $107K per ton in September 2023; however, from October 2023 to May 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In May 2024, the country with the highest price was Finland ($172K per ton), while the average price for exports to British Virgin Islands ($8,115 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 Finland (+16.8%), 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 Switzerland
In 2022, purchases abroad of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by -26.9% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 26%.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels contracted slightly to $15M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.0 | 5.2 | 6.4 | 7.0 | 11.9% |
| Israel | 1.6 | 2.5 | 2.7 | 3.3 | 27.3% |
| Italy | 1.1 | 1.3 | 1.6 | 1.5 | 10.9% |
| Austria | 0.8 | 0.7 | 1.1 | 1.3 | 17.6% |
| China | 2.5 | 2.7 | 2.0 | 0.7 | -34.6% |
| Others | 1.2 | 1.5 | 1.4 | 1.1 | -2.9% |
| Total | 12.2 | 14.1 | 15.2 | 14.8 | 6.7% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Switzerland in 2022:
- Germany (326.3 tons)
- Austria (293.6 tons)
- Israel (209.5 tons)
- Italy (92.9 tons)
- China (85.5 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Switzerland
In 2022, approx. 86 tons of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were exported from Switzerland; jumping by 64% on the year before. Over the period under review, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels expanded sharply to $2.1M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 572 | 585 | 724 | 658 | 4.8% |
| Israel | 0.5 | 0.2 | N/A | 306 | 749.0% |
| Netherlands | 132 | 51.5 | 122 | 144 | 2.9% |
| China | 37.7 | 199 | 189 | 126 | 49.5% |
| Austria | 59.8 | 61.5 | 138 | 121 | 26.5% |
| Canada | 24.0 | 103 | 22.1 | 91.1 | 56.0% |
| Italy | 60.1 | 30.6 | 40.8 | 66.1 | 3.2% |
| Sweden | 103 | 50.9 | 3.3 | 8.0 | -57.3% |
| Lithuania | 267 | 310 | 86.7 | 4.3 | -74.7% |
| Others | 500 | 479 | 645 | 576 | 4.8% |
| Total | 1,757 | 1,871 | 1,971 | 2,102 | 6.2% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Switzerland in 2022:
- Austria (21.2 tons)
- Germany (21.0 tons)
- Israel (19.9 tons)
- Italy (5.3 tons)
- Netherlands (4.4 tons)
- Canada (3.1 tons)
- China (2.2 tons)
- Lithuania (0.2 tons)
- Sweden (0.2 tons)
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