Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Romania - 2023

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Romania (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Romania (FOB) - 2023
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Romania
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Romania

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

The average import price for tubing; flexible, with or without fittings, of base metals stood at $7,509 per ton in 2022, dropping by -3% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tubing; flexible, with or without fittings, of base metals increased by +73.5% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 38%. The import price peaked at $7,741 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($61,886 per ton), while the price for Turkey ($2,944 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+23.9%), 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 Romania (FOB) - 2023

In November 2023, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $7,964 per ton, rising by 10% against the previous month. In general, the export price recorded a moderate expansion. The pace of growth was the most pronounced in February 2023 an increase of 98% against the previous month. The export price peaked at $13,218 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In November 2023, the country with the highest price was Serbia ($29,374 per ton), while the average price for exports to Moldova stood at $28,101 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+8.5%), 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 Romania

In 2022, approx. 2.6K tons of tubing; flexible, with or without fittings, of base metals were imported into Romania; with a decrease of -13.7% on 2021. Overall, imports saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 3K tons, and then fell in the following year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals plummeted to $20M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 44%. As a result, imports attained the peak of $23M, and then reduced dramatically in the following year.

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

1. Turkey (1036.8 tons)
2. Germany (663.1 tons)
3. China (285.7 tons)
4. Italy (143.2 tons)
5. Czech Republic (79.9 tons)
6. Hungary (60.0 tons)
7. Bulgaria (55.2 tons)
8. Poland (55.0 tons)
9. Spain (46.6 tons)
10. Austria (29.1 tons)
11. France (28.0 tons)

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

In 2022, the amount of tubing; flexible, with or without fittings, of base metals exported from Romania skyrocketed to 508 tons, growing by 34% on 2021. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 255% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of tubing; flexible, with or without fittings, of base metals soared to $2.5M in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 137% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Germany (372.4 tons)
2. Italy (68.4 tons)
3. Netherlands (30.0 tons)
4. United Kingdom (9.5 tons)
5. Hungary (5.1 tons)
6. Bulgaria (5.1 tons)
7. Moldova (3.6 tons)
8. Turkey (1.9 tons)

Source: IndexBox Market Intelligence Platform