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

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ireland (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ireland (FOB) - 2023
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ireland
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ireland

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

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $44,506 per ton, declining by -22.9% against the previous year. In general, the import price, however, showed a tangible increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 84% against the previous year. Over the period under review, average import prices hit record highs at $90,280 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($440,330 per ton), while the price for Israel ($5,159 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.0%), 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 Ireland (FOB) - 2023

The average export price for tubing; flexible, with or without fittings, of base metals stood at $49,323 per ton in November 2023, which is down by -41.3% against the previous month. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 317% month-to-month. As a result, the export price reached the peak level of $240K per ton. From August 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($101K per ton), while the average price for exports to the UK ($33,565 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 Spain (+5.4%), 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 Ireland

For the fourth consecutive year, Ireland recorded growth in supplies from abroad of tubing; flexible, with or without fittings, of base metals, which increased by 69% to 497 tons in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tubing; flexible, with or without fittings, of base metals surged to $22M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 35%. As a result, imports attained the peak of $23M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. United Kingdom (155.5 tons)
2. China (116.0 tons)
3. Turkey (58.1 tons)
4. Israel (48.8 tons)
5. United States (28.2 tons)
6. Italy (25.0 tons)
7. Netherlands (20.2 tons)
8. Germany (15.4 tons)

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

Exports of tubing; flexible, with or without fittings, of base metals from Ireland totaled 21 tons in 2022, surging by 15% on the previous year's figure. Overall, exports, however, recorded a pronounced slump.

In value terms, exports of tubing; flexible, with or without fittings, of base metals dropped remarkably to $1.3M in 2022. In general, exports, however, saw a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 20%.

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

1. United Kingdom (9.3 tons)
2. Germany (2.9 tons)
3. France (1.9 tons)
4. Italy (1.4 tons)
5. Spain (1.4 tons)
6. Netherlands (0.4 tons)
7. Denmark (0.4 tons)
8. Czech Republic (0.3 tons)
9. Poland (0.3 tons)
10. Australia (0.3 tons)
11. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform