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

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the UK (CIF) - 2022
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the UK (FOB) - 2022
  3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the UK
  4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the UK

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the UK (CIF) - 2022

The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $12,398 per ton in 2022, declining by -15.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 35%. Over the period under review, average import prices reached the peak figure at $17,954 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($31,741 per ton), while the price for Hong Kong SAR ($2,739 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.1%), 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 the UK (FOB) - 2022

The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $27,274 per ton in 2022, rising by 27% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 43% against the previous year. As a result, the export price attained the peak level of $34,935 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($62,831 per ton), while the average price for exports to France ($15,253 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 China (+3.2%), 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 the UK

In 2022, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into the UK soared to 3.2K tons, with an increase of 78% against the previous year's figure. In general, imports showed a buoyant expansion. As a result, imports reached 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 skyrocketed to $40M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% 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 +67.4% against 2020 indices. As a result, imports attained the peak 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 the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.99.89.49.2-5.5%
Netherlands0.60.60.56.9125.7%
China2.42.14.15.733.4%
Italy3.93.02.25.210.1%
Germany7.31.62.74.9-12.4%
France1.81.41.21.4-8.0%
India1.01.01.21.26.3%
Taiwan (Chinese)0.20.20.30.858.7%
Thailand0.10.10.40.8100.0%
Hong Kong SARN/AN/A0.20.20.0%
Others5.64.24.53.6-13.7%
Total33.923.926.739.95.6%

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

  1. China (1078.5 tons)
  2. Netherlands (511.2 tons)
  3. Italy (389.9 tons)
  4. United States (316.3 tons)
  5. Germany (243.2 tons)
  6. India (142.7 tons)
  7. France (112.3 tons)
  8. Thailand (64.3 tons)
  9. Hong Kong SAR (64.1 tons)
  10. Taiwan (Chinese) (59.5 tons)

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

In 2022, approx. 655 tons of tube or pipe threaded elbows, bends and sleeves, other than stainless steels were exported from the UK; picking up by 3.7% against 2021 figures. Over the period under review, exports, however, continue to indicate a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 27%.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels surged to $18M in 2022. In general, exports, however, saw a abrupt decline.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden68.464.67723,924285.7%
Germany1,1531,1991,9091,70714.0%
Norway6815243431,46429.1%
Netherlands6866326721,12317.9%
France9471,0196811,0312.9%
Saudi Arabia8661,4669051,0285.9%
Italy3,459397833934-35.4%
United States5,4221,933882930-44.4%
India31728986570530.5%
Turkey6441,186517581-3.4%
Ireland651490976573-4.2%
China4794314324951.1%
Canada342123171325-1.7%
Others5,1353,1923,5973,041-16.0%
Total20,84812,94613,55517,860-5.0%

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

  1. Sweden (83.9 tons)
  2. Germany (75.0 tons)
  3. France (67.6 tons)
  4. Netherlands (57.9 tons)
  5. Italy (37.4 tons)
  6. Norway (36.8 tons)
  7. Ireland (36.5 tons)
  8. United States (28.7 tons)
  9. India (26.3 tons)
  10. China (19.5 tons)
  11. Turkey (19.4 tons)
  12. Saudi Arabia (16.4 tons)
  13. Canada (15.0 tons)

Source: IndexBox Market Intelligence Platform

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