Price for Tubing; Flexible, with or Without Fittings, of Base Metal in France - 2023

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in France (FOB) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in France (CIF) - 2023
3. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in France
4. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in France

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in France (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $17,357 per ton in 2022, reducing by -4.4% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 tubing; flexible, with or without fittings, of base metals increased by +42.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49%. Over the period under review, the average export prices hit record highs at $25,082 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($65,511 per ton), while the average price for exports to the United States ($9,439 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 Brazil (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in France (CIF) - 2023

The average import price for tubing; flexible, with or without fittings, of base metals stood at $16,432 per ton in November 2023, increasing by 4.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 23% m-o-m. Over the period under review, average import prices hit record highs in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($21,839 per ton), while the price for Israel ($3,093 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in France

After three years of growth, shipments abroad of tubing; flexible, with or without fittings, of base metals decreased by -46.6% to 7.6K tons in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports attained the peak of 14K tons, and then contracted rapidly in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals fell notably to $132M in 2022. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. As a result, the exports attained the peak of $258M, and then dropped significantly in the following year.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from France in 2022:

1. United States (2105.6 tons)
2. United Kingdom (1858.9 tons)
3. Congo (650.2 tons)
4. Mauritania (424.5 tons)
5. Egypt (389.9 tons)
6. Turkey (293.5 tons)
7. Australia (289.9 tons)
8. Belgium (246.2 tons)
9. Germany (147.5 tons)
10. Netherlands (141.1 tons)
11. Angola (103.5 tons)
12. Norway (75.4 tons)

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in France

In 2022, the amount of tubing; flexible, with or without fittings, of base metals imported into France fell to 11K tons, waning by -3.3% against 2021. In general, imports saw a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 6.7%.

In value terms, imports of tubing; flexible, with or without fittings, of base metals declined slightly to $130M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $135M, and then reduced slightly in the following year.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to France in 2022:

1. United States (3.2K tons)
2. Spain (2.0K tons)
3. Turkey (1.6K tons)
4. Israel (1.5K tons)
5. Tunisia (0.6K tons)
6. Germany (0.6K tons)
7. China (0.5K tons)

Source: IndexBox Market Intelligence Platform