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

Contents:

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

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

The average export price for tubing; flexible, with or without fittings, of base metals stood at $19,013 per ton in 2022, picking up by 9.6% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 132%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($29,802 per ton), while the average price for exports to Taiwan (Chinese) ($781 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 Italy (+11.1%), 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 Serbia (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $6,898 per ton in 2022, falling by -12.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2013 an increase of 49%. As a result, import price attained the peak level of $8,637 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 Germany ($33,585 per ton), while the price for Bosnia and Herzegovina ($3,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.1%), 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 Serbia

In 2022, overseas shipments of tubing; flexible, with or without fittings, of base metals decreased by -1.6% to 937 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of 952 tons, and then dropped modestly in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals expanded remarkably to $18M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 28%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. Sweden (326.5 tons)
2. Germany (216.3 tons)
3. Russia (104.5 tons)
4. Austria (79.2 tons)
5. Italy (50.3 tons)
6. Taiwan (Chinese) (37.4 tons)
7. Turkey (32.3 tons)
8. Finland (21.2 tons)

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Serbia

Imports of tubing; flexible, with or without fittings, of base metals into Serbia declined significantly to 404 tons in 2022, which is down by -22.5% against 2021 figures. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports reached the peak of 521 tons, and then fell rapidly in the following year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals fell markedly to $2.8M in 2022. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. As a result, imports reached the peak of $4.1M, and then shrank remarkably in the following year.

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

1. Turkey (161.0 tons)
2. Bosnia and Herzegovina (127.8 tons)
3. China (39.3 tons)
4. Italy (27.5 tons)
5. Croatia (15.1 tons)
6. Czech Republic (6.5 tons)
7. Spain (1.2 tons)

Source: IndexBox Market Intelligence Platform