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U.S. - Iron Or Steel Flexible Tubing - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

U.S. - Iron Or Steel Flexible Tubing - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: May 29, 2023

Metal Flexible Tubing Price in United States Grows 2% to $33.5 per kg

U.S. Metal Flexible Tubing Export Price in March 2023

In March 2023, the metal flexible tubing price amounted to $33,486 per ton (FOB, US), with an increase of 1.6% against the previous month. Over the period from March 2022 to March 2023, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in May 2022 an increase of 27% against the previous month. Over the period under review, the average export prices hit record highs at $35,607 per ton in December 2022; however, from January 2023 to March 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In March 2023, the country with the highest price was China ($64,430 per ton), while the average price for exports to Saudi Arabia ($7,477 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Metal Flexible Tubing in U.S. (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
China82,35560,97663,84387,11957,53367,91174,06553,75562,71457,230116,818131,47364,430
Brazil34,07431,80835,69491,907108,16846,54167,19429,71372,56650,60092,88153,21635,320
India17,05239,0859,36722,34050,57885,7168,99633,98030,28018,68148,112130,49635,149
United Kingdom18,24224,19755,43252,26721,34860,34435,99030,11825,64312,11234,94247,33030,138
Mexico24,83530,96425,50726,38820,57523,17318,27519,66322,47034,17336,83022,76029,344
Australia19,32432,33328,25048,24825,10432,75424,26448,42447,23857,42554,64749,39226,025
Canada17,52113,84316,72311,90618,81714,98315,94221,19920,24922,47520,60421,51223,331
Netherlands10,86044,14121,16845,70815,28812,79234,941161,17514,11320,87910,307139,90618,764
Saudi Arabia10,0096,56822,5197,10510,68413,69120,5126,82413,80420,29716,60915,0317,477
Average25,55923,37629,68822,40927,81025,09026,44231,10332,79735,60734,53132,94833,486

U.S. Metal Flexible Tubing Exports

In March 2023, overseas shipments of iron or steel flexible tubing increased by 3.1% to 615 tons, rising for the second month in a row after two months of decline. Over the period under review, exports, however, recorded a pronounced contraction. The pace of growth was the most pronounced in June 2022 when exports increased by 51% month-to-month. As a result, the exports attained the peak of 999 tons. From July 2022 to March 2023, the growth of the exports failed to regain momentum.

In value terms, metal flexible tubing exports totaled $21M (IndexBox estimates) in March 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2022 when exports increased by 14% m-o-m. As a result, the exports reached the peak of $22M. From July 2022 to March 2023, the growth of the exports remained at a somewhat lower figure.

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U.S. Metal Flexible Tubing Exports by Country

Canada (225 tons), Mexico (120 tons) and Saudi Arabia (71 tons) were the main destinations of metal flexible tubing exports from the United States, together accounting for 68% of total exports. These countries were followed by India, Brazil, China, the UK, Australia and the Netherlands, which together accounted for a further 19%.

From March 2022 to March 2023, the biggest increases were in India (with a CAGR of +11.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal flexible tubing exported from the United States were Canada ($5.2M), Mexico ($3.5M) and India ($1.3M), with a combined 49% share of total exports.

India, with a CAGR of +18.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal flexible tubing market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25992983 - Iron or steel flexible tubing (excluding rubber tubing incorporating or fitted with external metallic reinforcements, f lexible tubing made into the form of machinery or vehicle parts)

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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