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

Contents:

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

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Sweden (CIF) - 2023

The average import price for tubing; flexible, with or without fittings, of base metals stood at $26,504 per ton in November 2023, picking up by 2.3% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +2.6%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 40% m-o-m. As a result, import price attained the peak level of $28,149 per ton. From February 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($92,132 per ton), while the price for Israel ($4,355 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+18.6%), 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 Sweden (FOB) - 2023

In November 2023, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $25,939 per ton, picking up by 12% against the previous month. Over the last eleven months, it increased at an average monthly rate of +3.3%. The pace of growth appeared the most rapid in April 2023 an increase of 22% month-to-month. The export price peaked in November 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($21,708 per ton), while the average price for exports to the UK ($13,444 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 Turkey (+10.6%), 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 Sweden

In 2022, the amount of tubing; flexible, with or without fittings, of base metals imported into Sweden skyrocketed to 2K tons, jumping by 28% compared with 2021 figures. The total import volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 $43M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Tubing; Flexible, with or Without Fittings, of Base Metal in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia1.56.110.19.585.0%
Turkey2.92.93.87.839.1%
Belgium2.01.31.35.640.9%
Germany2.21.92.04.325.0%
Denmark1.71.41.74.134.1%
Poland1.02.94.12.026.0%
China0.80.50.71.626.0%
Italy1.21.31.41.57.7%
Spain1.00.91.31.26.3%
India0.50.20.40.711.9%
United Kingdom0.61.01.10.75.3%
Netherlands0.50.80.60.66.3%
Ukraine0.20.20.20.426.0%
Others2.72.03.23.03.6%
Total18.823.431.943.031.8%

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

  1. Serbia (342.3 tons)
  2. Turkey (272.6 tons)
  3. Germany (256.3 tons)
  4. Denmark (234.4 tons)
  5. China (183.8 tons)
  6. Poland (147.4 tons)
  7. Belgium (93.7 tons)
  8. India (76.6 tons)
  9. Italy (70.8 tons)
  10. United Kingdom (65.8 tons)
  11. Spain (43.0 tons)
  12. Ukraine (41.8 tons)
  13. Netherlands (38.7 tons)

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

In 2022, approx. 760 tons of tubing; flexible, with or without fittings, of base metals were exported from Sweden; picking up by 20% against the year before. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tubing; flexible, with or without fittings, of base metals rose sharply to $12M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year.

Export of Tubing; Flexible, with or Without Fittings, of Base Metal in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark3.93.43.83.7-1.7%
Norway3.23.33.83.64.0%
Poland0.30.20.30.732.6%
Finland0.50.50.60.711.9%
Lithuania0.30.30.40.626.0%
China1.60.50.50.4-37.0%
United Kingdom0.50.10.30.3-15.7%
Germany0.20.10.10.314.5%
Others2.21.81.92.20.0%
Total12.510.311.812.4-0.3%

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

  1. Norway (289.2 tons)
  2. Denmark (210.6 tons)
  3. Poland (59.3 tons)
  4. Lithuania (48.8 tons)
  5. Finland (40.5 tons)
  6. Germany (27.2 tons)
  7. United Kingdom (21.0 tons)
  8. China (7.3 tons)

Source: IndexBox Market Intelligence Platform

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