Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Japan - 2024

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Japan (FOB) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Japan (CIF) - 2022
3. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Japan
4. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Japan

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Japan (FOB) - 2022

In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $3,074 per ton, increasing by 37% against the previous year. In general, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 72%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 New Zealand ($5,249 per ton), while the average price for exports to Cambodia ($1,456 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 Qatar (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Japan (CIF) - 2022

In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $7,519 per ton, picking up by 54% against the previous year. Over the period under review, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of 127% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($16,793 per ton), while the price for South Korea ($2,855 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.3%), while the prices for the other major suppliers experienced a decline.

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Japan

For the third consecutive year, Japan recorded decline in shipments abroad of tubes, pipes and hollow profiles, of cast iron, which decreased by -22.5% to 1.6K tons in 2022. Overall, exports faced a precipitous decrease.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron expanded modestly to $4.9M in 2022. Over the period under review, exports continue to indicate a sharp contraction.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Japan in 2022:

1. United States (1133.2 tons)
2. New Zealand (143.7 tons)
3. Taiwan (Chinese) (108.8 tons)
4. Canada (103.1 tons)
5. Cambodia (57.1 tons)
6. Singapore (7.0 tons)

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Japan

After three years of growth, overseas purchases of tubes, pipes and hollow profiles, of cast iron decreased by -59.6% to 173 tons in 2022. Overall, imports saw a noticeable descent. The growth pace was the most rapid in 2020 when imports increased by 114% against the previous year.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron dropped dramatically to $933K in 2022. Over the period under review, imports, however, recorded a notable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Japan in 2022:

1. China (91.4 tons)
2. South Korea (73.4 tons)
3. Italy (4.9 tons)

Source: IndexBox Market Intelligence Platform