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

Contents:

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

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

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $12,974 per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 20% against the previous year. The import price peaked at $13,686 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 France ($18,369 per ton), while the price for Israel ($2,865 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+25.4%), 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 Belgium (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $19,958 per ton in 2022, surging by 15% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($31,825 per ton), while the average price for exports to Italy ($7,632 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 Czech Republic (+15.4%), 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 Belgium

After three years of growth, supplies from abroad of tubing; flexible, with or without fittings, of base metals decreased by -7.7% to 2.9K tons in 2022. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals shrank to $38M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17%. As a result, imports attained the peak of $40M, and then declined in the following year.

Import of Tubing; Flexible, with or Without Fittings, of Base Metal in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.98.48.99.41.8%
Turkey2.93.14.63.12.2%
Netherlands3.93.73.93.0-8.4%
France1.53.52.52.518.6%
United Kingdom0.71.02.22.348.7%
India0.91.21.72.030.5%
China1.91.32.41.90.0%
Bulgaria1.31.13.21.42.5%
Austria2.22.11.81.2-18.3%
Poland0.80.70.60.7-4.4%
South Korea0.30.20.30.518.6%
Israel0.30.30.30.30.0%
Serbia0.10.1N/A0.344.2%
Others4.47.77.99.127.4%
Total30.134.540.237.67.7%

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

  1. Netherlands (591.6 tons)
  2. Germany (553.0 tons)
  3. Turkey (290.9 tons)
  4. India (180.8 tons)
  5. China (177.9 tons)
  6. United Kingdom (166.2 tons)
  7. France (134.2 tons)
  8. Bulgaria (114.8 tons)
  9. Israel (111.2 tons)
  10. South Korea (92.1 tons)
  11. Austria (84.1 tons)
  12. Poland (72.9 tons)
  13. Serbia (58.5 tons)

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

In 2022, shipments abroad of tubing; flexible, with or without fittings, of base metals decreased by -22.3% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 44% against the previous year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals contracted to $34M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 +60.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 36%.

Export of Tubing; Flexible, with or Without Fittings, of Base Metal in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7.16.97.07.72.7%
France3.65.25.36.320.5%
Germany2.13.413.04.932.6%
United States0.51.31.62.877.6%
Italy0.50.71.01.233.9%
IrelandN/A0.20.60.787.1%
Spain0.30.50.70.732.6%
Poland1.30.30.50.5-27.3%
United Kingdom1.41.70.90.5-29.1%
Denmark0.20.30.30.426.0%
Others4.08.37.08.126.5%
Total21.228.937.934.017.1%

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

  1. France (442.2 tons)
  2. Germany (280.6 tons)
  3. Netherlands (274.1 tons)
  4. Italy (158.0 tons)
  5. United States (91.9 tons)
  6. Poland (57.3 tons)
  7. Ireland (49.6 tons)
  8. Denmark (34.6 tons)
  9. Spain (30.9 tons)
  10. United Kingdom (16.1 tons)

Source: IndexBox Market Intelligence Platform

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