Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in the UK - 2024

Contents:

  1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in the UK (CIF) - 2022
  2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in the UK (FOB) - 2022
  3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in the UK
  4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in the UK

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in the UK (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,652 per ton in 2022, approximately equating the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 19%. As a result, import price reached the peak level of $1,793 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 Ireland ($2,517 per ton), while the price for India ($1,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), 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 the UK (FOB) - 2022

The average export price for tubes, pipes and hollow profiles, of cast iron stood at $3,416 per ton in 2022, picking up by 26% against the previous year. Over the period under review, the export price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of 88%. As a result, the export price attained the peak level of $6,573 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

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 the United Arab Emirates ($18,494 per ton), while the average price for exports to Ireland ($1,763 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 Poland (+16.1%), 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 the UK

After two years of decline, overseas purchases of tubes, pipes and hollow profiles, of cast iron increased by 13% to 27K tons in 2022. Overall, imports, however, continue to indicate a deep downturn.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron expanded significantly to $46M in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment.

Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12.68.813.916.08.3%
India7.05.05.011.116.6%
China6.85.37.36.80.0%
Ireland18.912.16.33.8-41.4%
Spain3.46.93.43.2-2.0%
Germany4.21.51.10.9-40.2%
Others4.53.12.73.7-6.3%
Total57.542.739.645.5-7.5%

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to the UK in 2022:

  1. India (11.0K tons)
  2. France (9.0K tons)
  3. China (2.8K tons)
  4. Spain (2.0K tons)
  5. Ireland (1.5K tons)
  6. Germany (0.4K tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in the UK

In 2022, the amount of tubes, pipes and hollow profiles, of cast iron exported from the UK dropped to 4.3K tons, which is down by -11.2% against the previous year. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 74% against the previous year.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron expanded significantly to $15M in 2022. Over the period under review, exports recorded a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 60%.

Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland4.92.15.25.64.6%
Germany0.20.51.33.6162.1%
Netherlands0.10.11.00.458.7%
Italy0.20.40.10.314.5%
France2.41.70.40.3-50.0%
United Arab Emirates1.10.30.20.2-43.3%
SpainN/A0.2N/A0.20.0%
Malta3.5N/A0.3N/A-70.7%
Others5.63.14.73.9-11.4%
Total18.08.313.314.6-6.7%

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from the UK in 2022:

  1. Ireland (3194.2 tons)
  2. Germany (449.3 tons)
  3. Italy (132.9 tons)
  4. Spain (68.5 tons)
  5. France (56.9 tons)
  6. Netherlands (50.4 tons)
  7. Malta (21.9 tons)
  8. United Arab Emirates (9.9 tons)

Source: IndexBox Market Intelligence Platform

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