Global Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size

The global metal flexible tubing market fell notably to $X in 2022, which is down by X% against the previous year. Over the period under review, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Metal Flexible Tubing Production

In value terms, metal flexible tubing production dropped dramatically to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then declined significantly in the following year.

Metal Flexible Tubing Exports

Exports

In 2022, the amount of iron or steel flexible tubing exported worldwide fell slightly to X tons, which is down by X% compared with 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the global exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, metal flexible tubing exports stood at $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The global exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X tons) represented the main exporter of iron or steel flexible tubing, comprising X% of total exports. It was distantly followed by the UK (X tons), Germany (X tons), India (X tons) and Denmark (X tons), together constituting a X% share of total exports. The United States (X tons), Turkey (X tons), France (X tons), Spain (X tons), South Korea (X tons), Vietnam (X tons), the Czech Republic (X tons) and Mexico (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Denmark (X%), Vietnam (X%), India (X%), Turkey (X%), Mexico (X%), South Korea (X%), the UK (X%), Spain (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, the United States (X%) and France (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Denmark (X p.p.), India (X p.p.), Vietnam (X p.p.), Turkey (X p.p.) and the UK (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Germany (X p.p.), the United States (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal flexible tubing supplying countries worldwide were China ($X), Germany ($X) and the United States ($X), with a combined X% share of global exports. The UK, France, Turkey, Denmark, the Czech Republic, India, South Korea, Spain, Vietnam and Mexico lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Denmark, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average metal flexible tubing export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Metal Flexible Tubing Imports

Imports

In 2022, approx. X tons of iron or steel flexible tubing were imported worldwide; with a decrease of X% on the previous year's figure. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, global imports reached the peak figure at X tons in 2021, and then shrank markedly in the following year.

In value terms, metal flexible tubing imports fell to $X in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, global imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

The United States (X tons) and India (X tons) represented roughly X% of total imports in 2022. Germany (X tons), Slovakia (X tons), Saudi Arabia (X tons), Japan (X tons), Spain (X tons), Canada (X tons), France (X tons), Italy (X tons), Australia (X tons), Norway (X tons) and South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest metal flexible tubing importing markets worldwide were the United States ($X), Germany ($X) and India ($X), with a combined X% share of global imports.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal flexible tubing import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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