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

Contents:

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

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the Netherlands (FOB) - 2023

In November 2023, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $47,202 per ton, surging by 99% against the previous month. Overall, export price indicated a pronounced increase from December 2022 to November 2023: its price increased at an average monthly rate of +4.8% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for tubing; flexible, with or without fittings, of base metals increased by +98.5% against October 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($295K per ton), while the average price for exports to Serbia ($6,085 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.9%), 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 the Netherlands (CIF) - 2023

The average import price for tubing; flexible, with or without fittings, of base metals stood at $25,017 per ton in November 2023, increasing by 12% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +4.2%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 72% month-to-month. As a result, import price reached the peak level of $27,510 per ton. From February 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($49,104 per ton), while the price for China ($4,121 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 Germany (+20.7%), 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 the Netherlands

In 2022, the amount of tubing; flexible, with or without fittings, of base metals exported from the Netherlands stood at 4.8K tons, growing by 3.1% on 2021. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. 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 shrank to $110M in 2022. The total export value increased at an average annual rate of +10.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 24%. As a result, the exports attained the peak of $114M, and then reduced slightly in the following year.

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

1. Germany (776.5 tons)
2. Japan (625.5 tons)
3. United Kingdom (423.3 tons)
4. Norway (287.7 tons)
5. France (283.4 tons)
6. Serbia (269.1 tons)
7. Sweden (268.8 tons)
8. Belgium (234.2 tons)
9. Switzerland (212.0 tons)
10. Italy (137.2 tons)
11. Denmark (112.4 tons)
12. Spain (111.9 tons)
13. Austria (94.7 tons)

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

In 2022, supplies from abroad of tubing; flexible, with or without fittings, of base metals decreased by -14.3% to 2.3K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 5.2% against the previous year. As a result, imports attained the peak of 3.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tubing; flexible, with or without fittings, of base metals contracted rapidly to $42M in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 19%.

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

1. China (535.0 tons)
2. Denmark (368.4 tons)
3. South Korea (248.0 tons)
4. United States (223.7 tons)
5. Turkey (168.0 tons)
6. Belgium (151.2 tons)
7. India (128.9 tons)
8. United Kingdom (112.2 tons)
9. Italy (78.9 tons)
10. Germany (73.8 tons)
11. Bulgaria (66.9 tons)
12. France (36.8 tons)
13. Serbia (0.2 tons)

Source: IndexBox Market Intelligence Platform