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

Contents:

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

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

The average import price for tubing; flexible, with or without fittings, of base metals stood at $4,247 per ton in 2022, waning by -30.3% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs at $23,661 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($8,197 per ton), while the price for Belgium ($2,594 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for tubing; flexible, with or without fittings, of base metals stood at $147,964 per ton in 2022, growing by 267% against the previous year. Over the period under review, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($386,064 per ton), while the average price for exports to Belgium ($25,936 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 the UK (+41.4%), 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 Luxembourg

In 2022, imports of tubing; flexible, with or without fittings, of base metals into Luxembourg skyrocketed to 1.5K tons, jumping by 28% compared with the previous year's figure. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 209% against the previous year. Imports peaked 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 reduced to $6.5M in 2022. In general, imports saw a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 93% against the previous year. As a result, imports reached the peak of $7.3M, and then contracted in the following year.

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

1. Germany (908.9 tons)
2. Belgium (561.2 tons)
3. United States (12.0 tons)

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

In 2022, the amount of tubing; flexible, with or without fittings, of base metals exported from Luxembourg declined notably to 16 tons, with a decrease of -73.5% on 2021 figures. In general, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 211% against the previous year. As a result, the exports attained the peak of 61 tons, and then fell rapidly in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals dropped to $2.4M in 2022. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 55%. As a result, the exports attained the peak of $2.4M, and then dropped slightly in the following year.

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

1. Switzerland (3.9 tons)
2. France (2.7 tons)
3. Belgium (2.5 tons)
4. Germany (2.0 tons)
5. United Kingdom (1.6 tons)
6. Latvia (1.3 tons)
7. Saudi Arabia (0.3 tons)
8. Netherlands (0.3 tons)
9. Australia (0.1 tons)

Source: IndexBox Market Intelligence Platform