Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Vietnam - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Vietnam (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Vietnam (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Vietnam
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Vietnam
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Vietnam (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $14,758 per ton in 2022, growing by 7.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2021 an increase of 23% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($14,762 per ton) and Norway ($14,761 per ton), while the price for Singapore ($14,761 per ton) and China ($14,761 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.4%), 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 Vietnam (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $13,138 per ton in 2022, rising by 5.5% against the previous year. Overall, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 58% against the previous year. Over the period under review, the average export prices attained the maximum at $15,673 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($13,143 per ton) and Indonesia ($13,142 per ton), while the average price for exports to Thailand ($13,139 per ton) and Singapore ($13,141 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+9.2%), 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 Vietnam
In 2022, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels into Vietnam amounted to 1.5K tons, picking up by 2.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 7.4% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels rose markedly to $23M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23%. Over the period under review, imports of hit record highs 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 Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.5 | 5.6 | 9.1 | 9.5 | 20.0% |
| Japan | 3.2 | 3.6 | 4.1 | 4.9 | 15.3% |
| Thailand | 2.5 | 2.3 | 2.8 | 1.9 | -8.7% |
| Norway | N/A | N/A | N/A | 1.5 | 0% |
| Taiwan (Chinese) | 0.6 | 0.8 | 0.7 | 0.8 | 10.1% |
| United States | 0.8 | 1.1 | 0.7 | 0.8 | 0.0% |
| South Korea | 0.5 | 0.8 | 0.8 | 0.8 | 17.0% |
| India | 0.9 | 0.3 | 0.6 | 0.6 | -12.6% |
| Germany | 0.3 | 0.4 | 0.5 | 0.5 | 18.6% |
| Singapore | 0.4 | 0.5 | 0.5 | 0.3 | -9.1% |
| Mexico | 0.6 | 0.3 | 0.2 | N/A | -42.3% |
| Others | 0.7 | 1.1 | 0.8 | 1.2 | 19.7% |
| Total | 16.1 | 16.9 | 20.8 | 22.8 | 12.3% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Vietnam in 2022:
- China (643.7 tons)
- Japan (330.3 tons)
- Thailand (129.3 tons)
- Norway (99.9 tons)
- South Korea (56.9 tons)
- Taiwan (Chinese) (56.7 tons)
- United States (54.2 tons)
- India (38.2 tons)
- Germany (36.9 tons)
- Singapore (21.0 tons)
- Mexico (0.1 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Vietnam
For the fourth consecutive year, Vietnam recorded growth in shipments abroad of tube or pipe threaded elbows, bends and sleeves, other than stainless steels, which increased by 185% to 866 tons in 2022. In general, exports enjoyed a significant increase. 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 surged to $11M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.3 | 57.4 | 1,627 | 9,275 | 625.4% |
| Japan | 781 | 899 | 1,314 | 1,429 | 22.3% |
| Saudi Arabia | N/A | 164 | 151 | 163 | -0.3% |
| Singapore | 33.7 | 203 | 32.5 | 58.0 | 19.8% |
| Thailand | 37.6 | 31.7 | 302 | 32.3 | -4.9% |
| Others | 257 | 312 | 365 | 422 | 18.0% |
| Total | 1,134 | 1,668 | 3,791 | 11,379 | 115.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Vietnam in 2022:
- United States (705.8 tons)
- Japan (108.8 tons)
- Saudi Arabia (12.4 tons)
- Singapore (4.4 tons)
- Thailand (2.5 tons)
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