United Arab Emirates - Tube Or Pipe Fittings (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

United Arab Emirates - Tube Or Pipe Fittings (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Price for Iron or Steel Tube Fitting in the United Arab Emirates - 2021

Contents:

  1. Price for Iron or Steel Tube Fitting in the United Arab Emirates (CIF) - 2022
  2. Price for Iron or Steel Tube Fitting in the United Arab Emirates (FOB) - 2022
  3. Imports of Iron or Steel Tube Fitting in the United Arab Emirates
  4. Exports of Iron or Steel Tube Fitting in the United Arab Emirates

Price for Iron or Steel Tube Fitting in the United Arab Emirates (CIF) - 2022

The average import price for tube or pipe fittings (of iron or steel) stood at $4,673 per ton in 2022, shrinking by -3.9% against the previous year. In general, the import price showed a mild reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 9.7%. The import price peaked at $5,350 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($16,521 per ton), while the price for Poland ($2,479 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Tube Fitting in the United Arab Emirates (FOB) - 2022

The average export price for tube or pipe fittings (of iron or steel) stood at $5,037 per ton in 2022, growing by 6.8% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel tube fitting export price increased by +52.0% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 62%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($11,382 per ton), while the average price for exports to Rwanda ($800 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 Tanzania (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Tube Fitting in the United Arab Emirates

In 2022, overseas purchases of tube or pipe fittings (of iron or steel) increased by 11% to 99K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep downturn.

In value terms, iron or steel tube fitting imports expanded significantly to $464M in 2022. Overall, imports, however, recorded a abrupt contraction.

Import of Iron or Steel Tube Fitting in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1211091051343.5%
India34.931.434.755.216.5%
Italy65.862.948.349.4-9.1%
United States26.017.717.024.3-2.2%
Spain9.313.84.910.43.8%
Netherlands4.24.23.18.828.0%
Poland2.52.73.44.319.8%
South Korea50.847.930.5N/A-22.5%
Thailand19.414.79.6N/A-29.7%
Others219188179178-6.7%
Total553493436464-5.7%

Top Suppliers of Iron or Steel Tube Fitting to the United Arab Emirates in 2022:

  1. China (43.0K tons)
  2. India (16.2K tons)
  3. Italy (9.3K tons)
  4. Spain (2.7K tons)
  5. Netherlands (1.8K tons)
  6. Poland (1.8K tons)
  7. United States (1.6K tons)

Exports of Iron or Steel Tube Fitting in the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded decline in overseas shipments of tube or pipe fittings (of iron or steel), which decreased by -8.1% to 19K tons in 2022. Overall, exports continue to indicate a abrupt curtailment. The smallest decline of -0.7% was in 2021.

In value terms, iron or steel tube fitting exports contracted modestly to $97M in 2022. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 3.9%.

Export of Iron or Steel Tube Fitting in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8.64.55.422.237.2%
UzbekistanN/AN/A0.85.3562.5%
Germany1.71.31.65.346.1%
NigerN/AN/AN/A5.20%
United Kingdom2.81.41.24.315.4%
United States0.60.50.43.986.6%
Singapore0.41.30.53.7109.9%
Australia0.60.20.43.681.7%
Philippines0.20.10.73.3154.6%
Egypt3.62.91.22.2-15.1%
MoroccoN/A0.20.21.0123.6%
Tanzania0.30.30.40.944.2%
Rwanda0.20.10.10.426.0%
Others95.482.486.135.7-27.9%
Total11495.398.997.1-5.2%

Top Export Markets for Iron or Steel Tube Fitting from the United Arab Emirates in 2022:

  1. India (6.7K tons)
  2. Singapore (1.4K tons)
  3. Germany (1.1K tons)
  4. Uzbekistan (0.7K tons)
  5. Philippines (0.6K tons)
  6. Niger (0.6K tons)
  7. Rwanda (0.5K tons)
  8. United States (0.5K tons)
  9. Australia (0.4K tons)
  10. Egypt (0.4K tons)
  11. United Kingdom (0.4K tons)
  12. Tanzania (0.4K tons)
  13. Morocco (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel tube fitting in the United Arab Emirates. 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 24204010 - Flanges, of steel (excluding cast fittings)
  • Prodcom 24204030 - Elbows, bends, couplings, sleeves and other threaded tube or pipe fittings, of steel (excluding cast fittings)
  • Prodcom 24204050 - Elbows, bends, couplings and sleeves and other socket welding tube or pipe fittings, of steel (excluding cast fittings)
  • Prodcom 24204073 - Butt welding elbows and bends, for tubes or pipes, of steel (excluding cast fittings)
  • Prodcom 24204075 - Butt welding tube or pipe fittings, other than elbows and bends, of steel (excluding cast fittings)
  • Prodcom 24513030 - Tube or pipe fittings, of non-malleable cast iron
  • Prodcom 24513050 - Tube or pipe fittings of malleable cast iron
  • Prodcom 24523000 - Tube or pipe fittings of cast steel

Country coverage:

  • United Arab Emirates

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the United Arab Emirates
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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