United Kingdom - Iron Or Steel Flexible Tubing - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Flexible Tubing Price in the UK - 2023
Contents:
- Metal Flexible Tubing Price in the UK (FOB) - 2022
- Metal Flexible Tubing Price in the UK (CIF) - 2023
- Metal Flexible Tubing Exports in the UK
- Metal Flexible Tubing Imports in the UK
Metal Flexible Tubing Price in the UK (FOB) - 2022
The average metal flexible tubing export price stood at $11,888 per ton in 2022, with a decrease of -1.9% against the previous year. Over the period under review, the export price saw a noticeable slump. The growth pace was the most rapid in 2020 an increase of 41%. Over the period under review, the average export prices hit record highs at $18,362 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($21,867 per ton), while the average price for exports to India ($5,248 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 Australia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Flexible Tubing Price in the UK (CIF) - 2023
In May 2023, the average metal flexible tubing import price amounted to $16,764 per ton, falling by -6.5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 33% against the previous month. The import price peaked at $25,135 per ton in March 2023; however, from April 2023 to May 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was the United States ($35,758 per ton), while the price for China ($7,666 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Flexible Tubing Exports in the UK
In 2022, the amount of iron or steel flexible tubing exported from the UK shrank remarkably to 14K tons, with a decrease of -20.1% compared with the previous year's figure. Overall, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 97%. As a result, the exports reached the peak of 18K tons, and then fell rapidly in the following year.
In value terms, metal flexible tubing exports reduced notably to $171M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, the exports reached the peak of $218M, and then reduced sharply in the following year.
Export of Metal Flexible Tubing in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 1.6 | 0.5 | 58.1 | 40.4 | 193.4% |
Brazil | 94.1 | 42.1 | 22.1 | 33.6 | -29.1% |
China | 1.6 | 26.8 | 32.7 | 22.8 | 142.4% |
United Arab Emirates | 7.2 | 4.0 | 27.1 | 18.8 | 37.7% |
Norway | 10.7 | 18.5 | 17.5 | 12.1 | 4.2% |
Indonesia | 6.7 | 0.2 | 12.2 | 8.5 | 8.3% |
United States | 10.3 | 4.9 | 6.3 | 4.6 | -23.6% |
India | 13.4 | 0.3 | 0.8 | 3.0 | -39.3% |
Others | 23.4 | 25.5 | 41.4 | 27.3 | 5.3% |
Total | 169 | 123 | 218 | 171 | 0.4% |
Top Export Markets for Metal Flexible Tubing from the UK in 2022:
- Saudi Arabia (3.8K tons)
- Brazil (3.0K tons)
- China (2.2K tons)
- United Arab Emirates (1.6K tons)
- Norway (1.0K tons)
- Indonesia (0.6K tons)
- India (0.6K tons)
- United States (0.2K tons)
Metal Flexible Tubing Imports in the UK
In 2022, imports of iron or steel flexible tubing into the UK shrank to 3K tons, with a decrease of -7.4% compared with the previous year. In general, imports recorded a pronounced setback. The smallest decline of -1.4% was in 2021.
In value terms, metal flexible tubing imports skyrocketed to $52M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; 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.
Import of Metal Flexible Tubing in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 16.0 | 12.7 | 13.2 | 15.2 | -1.7% |
Turkey | 3.9 | 4.0 | 8.0 | 8.7 | 30.7% |
United States | 7.3 | 4.9 | 5.5 | 6.3 | -4.8% |
China | 4.0 | 3.3 | 3.8 | 4.1 | 0.8% |
India | 2.2 | 1.6 | 3.1 | 3.5 | 16.7% |
France | 2.1 | 2.0 | 2.5 | 2.7 | 8.7% |
Spain | 1.0 | 0.7 | 1.4 | 1.6 | 17.0% |
Others | 7.7 | 10.1 | 7.3 | 10.1 | 9.5% |
Total | 44.3 | 39.4 | 44.7 | 52.2 | 5.6% |
Top Suppliers of Metal Flexible Tubing to the UK in 2022:
- Germany (629.7 tons)
- Turkey (530.9 tons)
- China (409.2 tons)
- France (371.7 tons)
- United States (242.3 tons)
- India (213.6 tons)
- Spain (174.3 tons)
This report provides an in-depth analysis of the metal flexible tubing market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25992983 - Iron or steel flexible tubing (excluding rubber tubing incorporating or fitted with external metallic reinforcements, f lexible tubing made into the form of machinery or vehicle parts)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the metal flexible tubing market in the UK.
This report provides an in-depth analysis of the market for base metal flexible tubing in the UK.
This report provides an in-depth analysis of the global metal flexible tubing market.
This report provides an in-depth analysis of the global market for base metal flexible tubing.
This report provides an in-depth analysis of the metal flexible tubing market in the UK.
This report provides an in-depth analysis of the market for base metal flexible tubing in the UK.
This report provides an in-depth analysis of the global metal flexible tubing market.
This report provides an in-depth analysis of the global market for base metal flexible tubing.
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