Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand - 2024
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand (CIF) - 2024
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand (CIF) - 2024
The average import price for tubes, pipes and hollow profiles, of cast iron stood at $988 per ton in February 2024, standing approximately at the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2023 an increase of 26% against the previous month. As a result, import price attained the peak level of $1,278 per ton. From December 2023 to February 2024, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to February 2024, the rate of growth in terms of prices for China amounted to -0.7% per month.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand (FOB) - 2022
In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $2,645 per ton, jumping by 24% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tubes, pipes and hollow profiles, of cast iron increased by +53.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($3,458 per ton), while the average price for exports to Vietnam ($1,211 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 Myanmar (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand
In 2022, imports of tubes, pipes and hollow profiles, of cast iron into Thailand skyrocketed to 30K tons, rising by 806% on the previous year's figure. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $34M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 10.3 | 4.0 | 31.6 | 121.7% |
| Others | 0.8 | 2.0 | 1.2 | 2.6 | 48.1% |
| Total | 3.7 | 12.3 | 5.2 | 34.2 | 109.9% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Thailand in 2022:
- China (29.5K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand
In 2022, exports of tubes, pipes and hollow profiles, of cast iron from Thailand fell rapidly to 623 tons, reducing by -15.6% on 2021 figures. Over the period under review, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 46%.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron reached $1.6M in 2022. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,349 | 264 | 211 | 804 | -15.8% |
| China | 61.9 | 183 | 95.9 | 312 | 71.5% |
| Cambodia | 169 | 65.8 | 286 | 196 | 5.1% |
| Myanmar | 199 | 46.2 | 865 | 161 | -6.8% |
| Lao People's Democratic Republic | 274 | 669 | 62.7 | 82.8 | -32.9% |
| Japan | 5.7 | 13.7 | 1.1 | 45.1 | 99.3% |
| Maldives | 2.8 | N/A | 34.1 | 29.5 | 119.2% |
| Vietnam | 38.5 | 22.7 | 14.6 | 6.1 | -45.9% |
| Malaysia | 268 | 32.6 | 0.2 | 5.7 | -72.3% |
| Others | 147 | 53.4 | 9.1 | 6.6 | -64.5% |
| Total | 2,515 | 1,350 | 1,579 | 1,649 | -13.1% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Thailand in 2022:
- Indonesia (256.6 tons)
- Cambodia (113.4 tons)
- China (105.0 tons)
- Lao People's Democratic Republic (56.4 tons)
- Myanmar (46.4 tons)
- Japan (21.3 tons)
- Maldives (13.6 tons)
- Vietnam (5.0 tons)
- Malaysia (3.4 tons)
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Discover the top import markets for iron or steel pipe and tube globally. Explore key statistics and import values for countries like the United States, Germany, Canada, and more.
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