Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States - 2024
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States (CIF) - 2024
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States (FOB) - 2024
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States (CIF) - 2024
In May 2024, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $4,761 per ton, shrinking by -13.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2024 an increase of 14% m-o-m. As a result, import price reached the peak level of $5,514 per ton, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Colombia ($14,799 per ton), while the price for China ($1,748 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 Colombia (+7.6%), 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 United States (FOB) - 2024
In May 2024, the average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $8,515 per ton, reducing by -12.6% against the previous month. In general, the export price showed a slight slump. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 10% month-to-month. As a result, the export price reached the peak level of $10,669 per ton. From September 2023 to May 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($15,848 per ton), while the average price for exports to the UK ($6,474 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 Japan (+3.8%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States
In 2022, the amount of tube or pipe threaded elbows, bends and sleeves, other than stainless steels imported into the United States soared to 135K tons, picking up by 58% compared with 2021. Overall, imports recorded buoyant growth. 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 surged to $550M in 2022. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 148 | 79.3 | 104 | 164 | 3.5% |
| India | 62.2 | 41.4 | 67.0 | 109 | 20.6% |
| Colombia | 49.0 | 22.1 | 48.6 | 68.0 | 11.5% |
| Mexico | 34.0 | 22.9 | 52.9 | 65.5 | 24.4% |
| South Korea | 29.8 | 11.9 | 18.2 | 57.8 | 24.7% |
| Vietnam | 4.3 | 0.6 | 2.3 | 9.5 | 30.2% |
| Thailand | 2.0 | 0.9 | 1.8 | 6.7 | 49.6% |
| Others | 55.0 | 31.4 | 48.2 | 70.5 | 8.6% |
| Total | 384 | 211 | 343 | 550 | 12.7% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to the United States in 2022:
- China (53.1K tons)
- India (30.3K tons)
- South Korea (15.4K tons)
- Mexico (14.0K tons)
- Colombia (7.2K tons)
- Vietnam (3.3K tons)
- Thailand (3.2K tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States
Exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels from the United States expanded remarkably to 20K tons in 2022, surging by 8.4% against the previous year. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels surged to $193M in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 57.3 | 52.1 | 67.1 | 86.2 | 14.6% |
| Mexico | 27.8 | 27.1 | 41.0 | 43.1 | 15.7% |
| Japan | 11.0 | 6.2 | 4.6 | 5.1 | -22.6% |
| China | 6.7 | 7.0 | 6.8 | 5.0 | -9.3% |
| Germany | 4.9 | 4.2 | 4.8 | 4.7 | -1.4% |
| Brazil | 6.0 | 4.8 | 3.5 | 4.3 | -10.5% |
| United Kingdom | 5.7 | 5.0 | 4.9 | 4.3 | -9.0% |
| Colombia | 1.6 | 1.2 | 1.7 | 2.3 | 12.9% |
| Others | 52.8 | 29.4 | 29.2 | 37.5 | -10.8% |
| Total | 174 | 137 | 164 | 193 | 3.5% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from the United States in 2022:
- Canada (9.6K tons)
- Mexico (4.9K tons)
- Japan (0.5K tons)
- Brazil (0.4K tons)
- United Kingdom (0.4K tons)
- Colombia (0.4K tons)
- China (0.4K tons)
- Germany (0.3K tons)
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