Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore - 2023
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore (CIF) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore (CIF) - 2022
In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $1,176 per ton, growing by 27% against the previous year. Overall, the import price, however, showed a slight descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 195%. Over the period under review, average import prices reached the maximum at $1,354 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 United Arab Emirates ($2,100 per ton), while the price for India ($834 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore (FOB) - 2022
The average export price for tubes, pipes and hollow profiles, of cast iron stood at $3,536 per ton in 2022, with an increase of 104% against the previous year. Over the period under review, the export price saw strong growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 128%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($40,393 per ton), while the average price for exports to Indonesia ($1,046 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 Brunei Darussalam (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore
In 2022, the amount of tubes, pipes and hollow profiles, of cast iron imported into Singapore stood at 23K tons, picking up by 13% against the year before. Overall, imports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 27%.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $26M in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.4 | 5.1 | 8.3 | 12.8 | 15.1% |
| China | 11.3 | 5.6 | 5.4 | 6.6 | -16.4% |
| Malaysia | 0.7 | 0.2 | 0.4 | 1.6 | 31.7% |
| United Arab Emirates | 0.1 | 1.1 | 2.6 | 0.8 | 100.0% |
| Indonesia | 1.7 | N/A | 0.7 | 0.5 | -33.5% |
| Others | 2.1 | 4.5 | 1.4 | 4.2 | 26.0% |
| Total | 24.2 | 16.6 | 18.8 | 26.5 | 3.1% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Singapore in 2022:
- India (15.4K tons)
- China (4.6K tons)
- Malaysia (1.0K tons)
- United Arab Emirates (0.4K tons)
- Indonesia (0.3K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore
In 2022, exports of tubes, pipes and hollow profiles, of cast iron from Singapore surged to 2.2K tons, picking up by 84% compared with the previous year. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron surged to $3.8M in 2022. Overall, exports, however, showed a relatively flat trend pattern.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,588 | 1,385 | 618 | 1,920 | 6.5% |
| Qatar | N/A | N/A | 0.1 | 690 | 689900.0% |
| Malaysia | 196 | 1,998 | 858 | 234 | 6.1% |
| Vietnam | 1.2 | 352 | 25.2 | 89.1 | 320.3% |
| United Arab Emirates | 82.6 | 124 | 26.9 | 65.2 | -7.6% |
| Australia | 221 | 240 | 27.4 | 9.5 | -65.0% |
| Others | 1,710 | 518 | 447 | 786 | -22.8% |
| Total | 3,799 | 4,616 | 2,003 | 3,794 | -0.0% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Singapore in 2022:
- Indonesia (1835.4 tons)
- Malaysia (173.0 tons)
- Qatar (36.6 tons)
- Vietnam (30.9 tons)
- United Arab Emirates (26.1 tons)
- Australia (1.7 tons)
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Discover the top import markets for iron or steel pipe and tube globally. Explore key statistics and import values for countries like the United States, Germany, Canada, and more.
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