Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the UK - 2023
Contents:
- Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the UK (FOB) - 2022
- Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the UK (CIF) - 2022
- Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in the UK
- Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in the UK
Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the UK (FOB) - 2022
The average export price for tubing; flexible, with or without fittings, of base metals stood at $11,517 per ton in 2022, dropping by -6% against the previous year. Overall, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 46%. The export price peaked at $17,832 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($74,000 per ton), while the average price for exports to Australia ($6,753 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 Indonesia (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the UK (CIF) - 2022
The average import price for tubing; flexible, with or without fittings, of base metals stood at $13,127 per ton in 2022, surging by 14% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 19%. The import price peaked at $13,691 per ton in 2013; however, from 2014 to 2022, 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 Belgium ($28,382 per ton), while the price for Israel ($3,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in the UK
Exports of tubing; flexible, with or without fittings, of base metals from the UK fell to 16K tons in 2022, shrinking by -10.7% compared with 2021. In general, exports saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 103%. As a result, the exports reached the peak of 18K tons, and then shrank in the following year.
In value terms, exports of tubing; flexible, with or without fittings, of base metals declined notably to $190M in 2022. Over the period under review, total exports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 72%. As a result, the exports reached the peak of $226M, and then reduced dramatically in the following year.
| Export of Tubing; Flexible, with or Without Fittings, of Base Metal in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1.6 | 0.5 | 63.2 | 55.7 | 226.5% |
| Angola | 0.1 | 0.1 | 12.7 | 34.5 | 601.4% |
| Australia | 1.6 | 1.3 | 2.1 | 19.9 | 131.7% |
| Norway | 10.8 | 18.6 | 19.1 | 9.8 | -3.2% |
| United States | 10.9 | 5.3 | 7.3 | 9.5 | -4.5% |
| China | 2.5 | 27.7 | 35.7 | 9.3 | 54.9% |
| Gabon | N/A | N/A | N/A | 7.8 | 0% |
| Brazil | 93.6 | 42.3 | 24.0 | 7.7 | -56.5% |
| United Arab Emirates | 8.4 | 3.7 | 10.7 | 1.8 | -40.2% |
| India | 13.3 | 0.3 | 0.9 | 1.1 | -56.4% |
| Indonesia | 6.6 | 0.2 | 13.2 | N/A | 41.4% |
| Others | 28.8 | 31.5 | 37.1 | 32.7 | 4.3% |
| Total | 178 | 132 | 226 | 190 | 2.2% |
Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from the UK in 2022:
- Saudi Arabia (6.5K tons)
- Australia (2.9K tons)
- Angola (1.8K tons)
- China (0.9K tons)
- Gabon (0.9K tons)
- Brazil (0.8K tons)
- Norway (0.5K tons)
- United States (0.3K tons)
- United Arab Emirates (0.2K tons)
- India (0.1K tons)
Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in the UK
In 2022, the amount of tubing; flexible, with or without fittings, of base metals imported into the UK reached 5K tons, remaining constant against 2021 figures. Overall, imports, however, showed a relatively flat trend pattern.
In value terms, imports of tubing; flexible, with or without fittings, of base metals reached $65M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tubing; Flexible, with or Without Fittings, of Base Metal in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.6 | 17.0 | 14.5 | 11.2 | -15.6% |
| China | 5.9 | 5.9 | 7.9 | 9.6 | 17.6% |
| United States | 8.4 | 5.7 | 6.2 | 9.4 | 3.8% |
| Turkey | 4.8 | 4.3 | 9.3 | 8.0 | 18.6% |
| France | 3.6 | 3.3 | 3.3 | 6.1 | 19.2% |
| India | 2.3 | 1.6 | 3.2 | 3.7 | 17.2% |
| Spain | 1.0 | 0.8 | 1.6 | 3.1 | 45.8% |
| Israel | 1.2 | 1.8 | 2.2 | 1.9 | 16.6% |
| Netherlands | 1.7 | 2.6 | 1.2 | 1.8 | 1.9% |
| Italy | 0.7 | 1.8 | 0.4 | 1.1 | 16.3% |
| Others | 8.2 | 9.4 | 7.0 | 9.3 | 4.3% |
| Total | 56.4 | 53.9 | 56.9 | 65.2 | 5.0% |
Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to the UK in 2022:
- China (1245.7 tons)
- Turkey (751.6 tons)
- Israel (560.3 tons)
- Germany (447.1 tons)
- United States (357.7 tons)
- India (341.5 tons)
- France (285.3 tons)
- Netherlands (232.5 tons)
- Spain (162.5 tons)
- Italy (46.2 tons)
267
This report provides an in-depth analysis of the market for base metal flexible tubing in the UK.
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This report provides an in-depth analysis of the metal flexible tubing market in the UK.
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This report provides an in-depth analysis of the global market for base metal flexible tubing.
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This report provides an in-depth analysis of the global metal flexible tubing market.
267
This report provides an in-depth analysis of the market for base metal flexible tubing in the UK.
255
This report provides an in-depth analysis of the metal flexible tubing market in the UK.
370
This report provides an in-depth analysis of the global market for base metal flexible tubing.
405
This report provides an in-depth analysis of the global metal flexible tubing market.
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