Price for Tubing; Flexible, with or Without Fittings, of Base Metal in India - 2023
Contents:
- Price for Tubing; Flexible, with or Without Fittings, of Base Metal in India (CIF) - 2023
- Price for Tubing; Flexible, with or Without Fittings, of Base Metal in India (FOB) - 2022
- Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in India
- Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in India
Price for Tubing; Flexible, with or Without Fittings, of Base Metal in India (CIF) - 2023
The average import price for tubing; flexible, with or without fittings, of base metals stood at $2,865 per ton in November 2023, waning by -39.7% against the previous month. Over the period under review, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in April 2023 an increase of 168% m-o-m. As a result, import price reached the peak level of $19,174 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($43,392 per ton), while the price for China ($1,560 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Tubing; Flexible, with or Without Fittings, of Base Metal in India (FOB) - 2022
The average export price for tubing; flexible, with or without fittings, of base metals stood at $8,214 per ton in 2022, increasing by 10% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The export price peaked at $9,201 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($15,263 per ton), while the average price for exports to Saudi Arabia ($2,805 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 Indonesia (+5.3%), 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 India
In 2022, imports of tubing; flexible, with or without fittings, of base metals into India was estimated at 18K tons, growing by 15% on the year before. Over the period under review, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of tubing; flexible, with or without fittings, of base metals surged to $115M in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 117%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tubing; Flexible, with or Without Fittings, of Base Metal in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.6 | 0.6 | 0.8 | 45.9 | 324.5% |
| China | 11.0 | 10.5 | 18.3 | 22.3 | 26.6% |
| Malaysia | 1.0 | N/A | N/A | 19.5 | 169.2% |
| Germany | 3.3 | 3.3 | 5.0 | 5.8 | 20.7% |
| South Korea | 7.3 | 4.4 | 5.9 | 5.2 | -10.7% |
| Vietnam | 0.9 | 0.7 | 1.3 | 5.1 | 78.3% |
| United Kingdom | 23.5 | 0.7 | 20.9 | 1.5 | -60.0% |
| Others | 8.0 | 8.3 | 10.0 | 10.0 | 7.7% |
| Total | 55.6 | 28.6 | 62.1 | 115 | 27.4% |
Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to India in 2022:
- China (11.8K tons)
- France (2.1K tons)
- Malaysia (1.7K tons)
- Vietnam (1.1K tons)
- South Korea (0.8K tons)
- Germany (0.4K tons)
- United Kingdom (0.2K tons)
Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in India
In 2022, exports of tubing; flexible, with or without fittings, of base metals from India surged to 11K tons, with an increase of 24% on the previous year. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of tubing; flexible, with or without fittings, of base metals surged to $87M in 2022. Over the period under review, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Tubing; Flexible, with or Without Fittings, of Base Metal in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.2 | 11.9 | 17.6 | 26.7 | 33.6% |
| United Kingdom | 3.6 | 3.4 | 5.0 | 6.4 | 21.1% |
| Saudi Arabia | 3.2 | 2.5 | 3.1 | 4.6 | 12.9% |
| United Arab Emirates | 3.4 | 3.8 | 3.4 | 4.6 | 10.6% |
| Italy | 2.0 | 1.6 | 2.3 | 3.2 | 17.0% |
| Germany | 1.6 | 1.5 | 2.3 | 2.8 | 20.5% |
| Indonesia | 0.8 | 0.7 | 0.7 | 2.6 | 48.1% |
| Spain | 1.7 | 1.0 | 1.8 | 2.2 | 9.0% |
| Malaysia | 1.3 | 1.1 | 0.6 | 1.8 | 11.5% |
| Brazil | 1.3 | 0.8 | 2.2 | 1.6 | 7.2% |
| Belgium | 1.0 | 1.1 | 1.3 | 1.5 | 14.5% |
| Turkey | 1.0 | 0.7 | 0.9 | 1.4 | 11.9% |
| Qatar | 0.7 | 0.4 | 0.6 | 0.7 | 0.0% |
| Others | 18.5 | 15.2 | 22.1 | 27.2 | 13.7% |
| Total | 51.2 | 45.9 | 63.9 | 87.3 | 19.5% |
Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from India in 2022:
- United States (2380.7 tons)
- Saudi Arabia (1634.6 tons)
- United Arab Emirates (944.5 tons)
- Italy (455.4 tons)
- United Kingdom (417.7 tons)
- Germany (286.9 tons)
- Spain (283.9 tons)
- Qatar (253.7 tons)
- Malaysia (237.3 tons)
- Turkey (233.0 tons)
- Indonesia (224.4 tons)
- Brazil (206.0 tons)
- Belgium (198.4 tons)
340
This report provides an in-depth analysis of the market for base metal flexible tubing in India.
402
This report provides an in-depth analysis of the metal flexible tubing market in India.
414
This report provides an in-depth analysis of the global market for base metal flexible tubing.
449
This report provides an in-depth analysis of the global metal flexible tubing market.
340
This report provides an in-depth analysis of the market for base metal flexible tubing in India.
402
This report provides an in-depth analysis of the metal flexible tubing market in India.
414
This report provides an in-depth analysis of the global market for base metal flexible tubing.
449
This report provides an in-depth analysis of the global metal flexible tubing market.
Nothing found. Please try again.
