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

Contents:

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

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

The average import price for tubing; flexible, with or without fittings, of base metals stood at $8,213 per ton in 2022, with an increase of 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 35%. As a result, import price attained the peak level of $8,746 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($15,718 per ton), while the price for the United States ($3,115 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.9%), 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 Portugal (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $11,745 per ton, with a decrease of -11.4% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 88% against the previous year. As a result, the export price attained the peak level of $13,259 per ton, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($36,629 per ton), while the average price for exports to Cabo Verde ($5,012 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 France (+9.7%), 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 Portugal

In 2022, approx. 803 tons of tubing; flexible, with or without fittings, of base metals were imported into Portugal; reducing by -30.7% compared with the previous year. Overall, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, imports attained the peak of 1.2K tons, and then plummeted in the following year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals reduced to $6.6M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $7.5M, and then dropped in the following year.

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

1. Spain (241.3 tons)
2. United States (84.2 tons)
3. Italy (76.6 tons)
4. China (74.7 tons)
5. Netherlands (70.1 tons)
6. India (68.9 tons)
7. Germany (66.3 tons)

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

Exports of tubing; flexible, with or without fittings, of base metals from Portugal was estimated at 181 tons in 2022, surging by 12% against the previous year. In general, exports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, the exports attained the peak of 318 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tubing; flexible, with or without fittings, of base metals fell to $2.1M in 2022. The total export value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, the exports reached the peak of $2.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. France (62.5 tons)
2. Cabo Verde (24.0 tons)
3. United States (19.8 tons)
4. Spain (14.6 tons)
5. Peru (10.1 tons)
6. Angola (10.0 tons)
7. Morocco (5.5 tons)
8. Greece (5.4 tons)
9. Chile (5.3 tons)
10. Mozambique (4.6 tons)
11. Poland (3.7 tons)

Source: IndexBox Market Intelligence Platform