Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Thailand - 2024

Contents:

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

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

The average import price for tubing; flexible, with or without fittings, of base metals stood at $4,461 per ton in 2022, which is down by -18.4% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 88%. The import price peaked at $5,464 per ton in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($13,767 per ton), while the price for China ($2,396 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.9%), 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 Thailand (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $8,955 per ton, rising by 22% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tubing; flexible, with or without fittings, of base metals increased by +8.7% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 57% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($21,570 per ton), while the average price for exports to the Philippines ($2,450 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 (+19.8%), 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 Thailand

In 2022, the amount of tubing; flexible, with or without fittings, of base metals imported into Thailand skyrocketed to 3K tons, surging by 28% on the year before. The total import volume increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 stood at $13M in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 17%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. China (2155.8 tons)
2. India (225.2 tons)
3. Malaysia (177.8 tons)
4. Japan (162.6 tons)
5. Vietnam (124.8 tons)
6. Taiwan (Chinese) (107.8 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of tubing; flexible, with or without fittings, of base metals, when their volume decreased by -15.1% to 417 tons. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 9.3% against the previous year. As a result, the exports reached the peak of 491 tons, and then shrank significantly in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals reached $3.7M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Philippines (165.2 tons)
2. Japan (58.9 tons)
3. Lao People's Democratic Republic (29.3 tons)
4. Indonesia (24.6 tons)
5. Cambodia (18.8 tons)
6. Malaysia (14.7 tons)
7. Qatar (14.4 tons)
8. United States (13.0 tons)
9. South Africa (12.3 tons)
10. Singapore (10.2 tons)
11. Hong Kong SAR (9.1 tons)
12. Vietnam (7.9 tons)
13. Argentina (7.0 tons)

Source: IndexBox Market Intelligence Platform