Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Norway - 2024

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Norway (CIF) - 2024
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Norway (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Norway
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Norway

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Norway (CIF) - 2024

The average import price for tubing; flexible, with or without fittings, of base metals stood at $22,590 per ton in January 2024, increasing by 19% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 41% against the previous month. As a result, import price attained the peak level of $27,676 per ton. From July 2023 to January 2024, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($80,343 per ton), while the price for Poland ($8,429 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), 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 Norway (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $24,193 per ton, dropping by -65.8% against the previous year. Over the period under review, the export price, however, recorded a temperate expansion. The growth pace was the most rapid in 2014 when the average export price increased by 107%. The export price peaked at $70,819 per ton in 2021, and then declined notably in the following year.

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 United States ($129,487 per ton), while the average price for exports to Cyprus ($7,551 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 Bahamas (+75.1%), 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 Norway

In 2022, imports of tubing; flexible, with or without fittings, of base metals into Norway soared to 3.4K tons, increasing by 34% on the year before. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 188%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of tubing; flexible, with or without fittings, of base metals soared to $65M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 175%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

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

1. Denmark (2135.6 tons)
2. United Kingdom (487.9 tons)
3. Sweden (231.3 tons)
4. China (224.5 tons)
5. Netherlands (135.4 tons)
6. Germany (48.8 tons)
7. Spain (15.8 tons)

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

In 2022, exports of tubing; flexible, with or without fittings, of base metals from Norway soared to 131 tons, picking up by 294% compared with the year before. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tubing; flexible, with or without fittings, of base metals skyrocketed to $3.2M in 2022. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 144% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

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

1. United Kingdom (92.1 tons)
2. Faroe Islands (6.8 tons)
3. Sweden (5.0 tons)
4. Egypt (4.2 tons)
5. Cyprus (2.9 tons)
6. United States (2.4 tons)
7. Denmark (2.4 tons)
8. Finland (2.3 tons)
9. Germany (2.0 tons)
10. Netherlands (1.3 tons)
11. Singapore (1.0 tons)
12. China (0.8 tons)
13. Turkey (0.2 tons)

Source: IndexBox Market Intelligence Platform