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

Contents:

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

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

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $9,239 per ton, surging by 52% against the previous year. Overall, the import price, however, recorded a mild shrinkage. Over the period under review, average import prices hit record highs at $10,400 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($18,287 per ton), while the price for Bulgaria ($4,014 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $7,973 per ton, declining by -3.9% against the previous year. Over the period under review, the export price, however, posted perceptible growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 82% against the previous year. The export price peaked at $15,259 per ton in 2020; however, from 2021 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 North Macedonia ($17,231 per ton), while the average price for exports to Poland ($1,182 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 Serbia (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of tubing; flexible, with or without fittings, of base metals decreased by -26.6% to 887 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 117% against the previous year. As a result, imports attained the peak of 1.2K tons, and then contracted remarkably in the following year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals amounted to $8.2M in 2022. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 88% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

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

1. Poland (206.6 tons)
2. Serbia (127.0 tons)
3. China (108.1 tons)
4. Portugal (86.3 tons)
5. Italy (62.5 tons)
6. Bulgaria (60.3 tons)
7. Turkey (59.3 tons)
8. Ukraine (43.2 tons)
9. Germany (38.2 tons)
10. Netherlands (24.0 tons)

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

Exports of tubing; flexible, with or without fittings, of base metals from Greece shrank to 94 tons in 2022, which is down by -10.6% on the year before. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 241%. As a result, the exports reached the peak of 106 tons, and then reduced in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals shrank to $753K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 85%. As a result, the exports attained the peak of $876K, and then reduced in the following year.

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

1. Cyprus (45.0 tons)
2. Malta (11.8 tons)
3. Romania (8.1 tons)
4. Poland (7.2 tons)
5. Czech Republic (3.8 tons)
6. Germany (3.6 tons)
7. Italy (2.7 tons)
8. Albania (2.5 tons)
9. Spain (2.5 tons)
10. Panama (2.2 tons)
11. Bulgaria (1.5 tons)
12. North Macedonia (0.5 tons)

Source: IndexBox Market Intelligence Platform