Report Update: May 1, 2024

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

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Metal Flexible Tubing Price in the United States - 2023

Metal Flexible Tubing Price in the United States (FOB) - 2023

In July 2023, the average metal flexible tubing export price amounted to $31,130 per ton, falling by -12.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 19% month-to-month. The export price peaked at $37,306 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Egypt ($142K per ton), while the average price for exports to Saudi Arabia ($7,099 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Flexible Tubing Price in the United States (CIF) - 2023

The average metal flexible tubing import price stood at $10,129 per ton in July 2023, waning by -5.4% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 32% month-to-month. As a result, import price attained the peak level of $15,273 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($35,027 per ton), while the price for China ($6,820 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Flexible Tubing Exports in the United States

In 2022, the amount of iron or steel flexible tubing exported from the United States amounted to 9.1K tons, with an increase of 4.7% compared with 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 5.9% against the previous year.

In value terms, metal flexible tubing exports expanded notably to $241M in 2022. The total export value increased at an average annual rate of +8.8% 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 with an increase of 17%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Metal Flexible Tubing in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	54.9	51.1	61.6	71.7	9.3%
Mexico	24.8	26.4	34.7	37.7	15.0%
China	9.7	11.4	12.5	16.2	18.6%
Saudi Arabia	3.9	7.5	2.9	8.2	28.1%
Australia	4.6	5.9	5.9	7.5	17.7%
United Kingdom	5.8	5.1	5.3	7.3	8.0%
Japan	7.0	6.1	6.0	7.1	0.5%
India	2.6	2.2	1.9	3.8	13.5%
Others	74.2	64.8	79.6	82.1	3.4%
Total	188	181	211	241	8.6%

Top Export Markets for Metal Flexible Tubing from the United States in 2022:

Canada (4.4K tons)
Mexico (1.5K tons)
Saudi Arabia (0.7K tons)
United Kingdom (0.3K tons)
China (0.3K tons)
Australia (0.2K tons)
India (0.2K tons)
Japan (0.1K tons)

Metal Flexible Tubing Imports in the United States

In 2022, metal flexible tubing imports into the United States was estimated at 24K tons, growing by 8.4% on the previous year. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, metal flexible tubing imports soared to $258M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 50%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Metal Flexible Tubing in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	65.3	54.7	83.0	93.5	12.7%
Mexico	17.2	13.8	21.1	24.3	12.2%
South Korea	19.2	13.6	15.9	22.2	5.0%
India	8.2	9.8	13.5	21.4	37.7%
Taiwan (Chinese)	2.5	1.6	6.4	17.8	92.4%
Vietnam	4.8	4.1	5.0	17.4	53.6%
Germany	13.1	9.8	12.8	12.4	-1.8%
United Kingdom	14.3	5.4	7.7	9.9	-11.5%
Netherlands	5.8	3.5	7.4	8.5	13.6%
Others	20.0	18.1	28.8	31.0	15.7%
Total	171	135	202	258	14.7%

Top Suppliers of Metal Flexible Tubing to the United States in 2022:

China (12.6K tons)
Mexico (3.0K tons)
India (2.2K tons)
South Korea (1.8K tons)
Taiwan (Chinese) (1.5K tons)
Vietnam (1.2K tons)
Netherlands (0.4K tons)
United Kingdom (0.4K tons)
Germany (0.4K tons)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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