World - Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
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Iron or steel pipe and tube market: get access to the latest datasets empowered by an Ai-driven market intelligence platform. Statistics contain market prices, imports, consumption, trade, production, companies, market size, and exports. Here is a breakdown by region, including EU, the U.K., China, Latin America, the U.S., Africa, the Middle East, and Russia. Market insights and forecast to 2030 are also featured in the dashboards.
Iron or Steel Pipe and Tube - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | India |
| 4 | Russia |
| 5 | Japan |
In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.
In China, the market of tubes, pipes and hollow profiles (of iron or steel) increased at an average annual rate of +2.0% over the period from 2019-2021. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+2.2% per year) and India (+5.8% per year).
Iron Or Steel Pipe And Tube Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Turkey | 861 | 817 | 928 | 3.8% |
| Russia | 1032 | 949 | 1058 | 1.3% |
| China | 1155 | 1111 | 1111 | -1.9% |
| India | 1226 | 1340 | 1121 | -4.4% |
| Canada | 1359 | 1271 | 1134 | -8.7% |
| South Korea | 1255 | 1330 | 1287 | 1.3% |
| Romania | 1480 | 1125 | 1342 | -4.8% |
| United Kingdom | 1775 | 1388 | 1659 | -3.3% |
| Spain | 1789 | 1650 | 1898 | 3.0% |
| Italy | 1714 | 1470 | 1982 | 7.5% |
| Germany | 2039 | 2002 | 2125 | 2.1% |
| Mexico | 1251 | 1299 | 2228 | 33.5% |
| Japan | 2402 | 2689 | 3511 | 20.9% |
| Average | 1448 | 1394 | 1491 | 1.5% |
Prices varied noticeably by the country of origin; the country with the highest price was Japan ($3,511 per ton), while Turkey ($928 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 1340 | 1326 | 1774 | 15.1% |
| Canada | 1501 | 1522 | 1709 | 6.7% |
| France | 1350 | 1377 | 1660 | 10.9% |
| Mexico | 1591 | 1392 | 1657 | 2.1% |
| Netherlands | 1421 | 1475 | 1604 | 6.2% |
| Indonesia | 1559 | 1525 | 1541 | -0.6% |
| Poland | 1323 | 1271 | 1536 | 7.7% |
| Saudi Arabia | 1519 | 1450 | 1486 | -1.1% |
| Belgium | 1491 | 1300 | 1480 | -0.4% |
| United Arab Emirates | 1364 | 1541 | 1441 | 2.8% |
| Italy | 1826 | 1307 | 1413 | -12.0% |
| Germany | 1403 | 1341 | 1364 | -1.4% |
| Pakistan | 1257 | 1146 | 217 | -58.5% |
| Average | 1452 | 1404 | 1492 | 1.4% |
Prices varied noticeably by the country of destination; the country with the highest price was the United States ($1,774 per ton), while Pakistan ($217 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Iron or Steel Pipe and Tube - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 7.3 | 4.8 | 6.9 | -3.0% |
| Germany | 3.1 | 2.7 | 4.2 | 16.7% |
| France | 1.7 | 1.5 | 2.1 | 12.0% |
| Canada | 2 | 1.5 | 2.1 | 0.5% |
| Poland | 1.1 | 1 | 1.5 | 17.4% |
In value terms, the largest iron or steel pipe and tube importing markets worldwide were the United States ($6.9B), Germany ($4.2B) and France ($2.1B), together comprising 23% of global imports. Canada, Poland, Mexico, Italy, the Netherlands, Saudi Arabia, the United Arab Emirates, Indonesia, Belgium and Pakistan lagged somewhat behind, together comprising a further 22%.
In terms of the main importing countries, Belgium saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Iron or Steel Pipe and Tube - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| China | 10 | 8.2 | 13 | 13.7% |
| Italy | 5.3 | 4.4 | 6.1 | 7.5% |
| Germany | 4.9 | 4 | 4.2 | -7.4% |
| Japan | 3.8 | 3.3 | 2.6 | -16.6% |
| South Korea | 2.2 | 1.7 | 1.9 | -5.8% |
In value terms, China ($13.1B) remains the largest iron or steel pipe and tube supplier worldwide, comprising 23% of global exports. The second position in the ranking was occupied by Italy ($6.1B), with a 11% share of global exports. It was followed by Germany, with a 7.4% share.
From 2019 to 2021, the average annual growth rate of value in China totaled +13.7%. In the other countries, the average annual rates were as follows: Italy (+7.5% per year) and Germany (-7.4% per year).
Iron or Steel Pipe and Tube - Market Forecast
Driven by rising demand for iron or steel pipe and tube worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Iron or Steel Pipe and Tube - Top Companies
Dongguan Dazhou Iron & Steel Co., Ltd., NIPPON STEEL & SUMITOMO METAL CORPORATION, Baoshan Iron & Steel Co., Ltd., Shougang Group Corporation, JFE STEEL CORPORATION, TATA STEEL LIMITED, Nucor Corporation, Panjin kangdao Precision Casting Industry Co., Ltd., Hyundai Steel Company, KOBE STEEL, LTD., Hesteel Company Limited, Jiangsu Shagang Group Co., Ltd., Wugang Group Co., Ltd., Shandong Iron & Steel Group Co., Ltd., Bhilai Steel Plant, Jiuquan Iron And Steel (Group) Co., Ltd., Angang Steel Company Limited, United States Steel Corp, Hunan Valin Steel Co., Ltd., CHINA STEEL CORPORATION
Iron or Steel Pipe and Tube - Product Coverage
- HS 7303 - Tubes, pipes and hollow profiles, of cast iron
- HS 7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel
- HS 7305 - Tubes and pipes (eg welded, riveted or similarly closed), internal and external circular cross-sections, external diameter of which exceeds 406.4mm, of iron or steel
- HS 7306 - Tubes, pipes and hollow profiles (eg open seam or welded, riveted or similarly closed), of iron or steel
This report provides an in-depth analysis of the global market for iron or steel pipe and tube. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless steel
- Prodcom 24201150 - Line pipe, of a kind used for oil or gas pipelines, seamless, of steel other than stainless steel
- Prodcom 24201210 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of stainless steel
- Prodcom 24201250 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of steel other than stainless steel
- Prodcom 24201310 - Tubes and pipes, of circular cross-section, seamless, of stainless steel (excluding line pipe of a kind used for oil or gas pipelines and casing, tubing and drill pipe used for oil or gas drilling)
- Prodcom 24201330 - Precision tubes and pipes, of circular cross-section, colddrawn or cold-rolled, seamless, of steel other than stainless steel
- Prodcom 24201350 - Tubes and pipes, of circular cross-section, cold-drawn or coldrolled, s eamless, of steel other than stainless steel (excluding precision tubes and pipes)
- Prodcom 24201370 - Tubes and pipes, of circular cross-section, hot-finished, s eamless, of steel other than stainless steel (excluding line pipe of a kind used for oil or gas pipelines and casing, tubing and drill-pipe used for oil or gas drilling)
- Prodcom 24201400 - Tubes and pipes, of non-circular cross-section, seamless, a nd hollow profiles, seamless, of steel
- Prodcom 24202110 - Line pipe, of a kind used for oil or gas pipelines, longitudinally welded, of an external diameter > .406,4 mm, of steel
- Prodcom 24202150 - Line pipe, of a kind used for oil or gas pipelines, other than longitudinally welded, of an external diameter > .406,4 mm, of steel
- Prodcom 24202200 - Casing, of a kind used in drilling for oil or gas, welded, of an external diameter > .406,4 mm, of steel
- Prodcom 24202300 - Tubes and pipes, welded, of an external diameter > .406,4 mm, of steel (excluding line pipe of a kind used for oil or gas pipelines and casing used for oil or gas drilling)
- Prodcom 24202400 - Tubes and pipes, riveted or similarly closed, of an external diameter > .406,4 mm, of steel (excluding line pipe for oil and gas pipelines, casing used for oil or gas drilling and welded tubes and pipes)
- Prodcom 24203110 - Line pipe, of a kind used for oil or gas pipelines, longitudinally or spirally welded, of an external diameter . .406,4 mm, of stainless steel
- Prodcom 24203150 - Line pipe, of a kind used for oil or gas pipelines, longitudinally or spirally welded, of an external diameter . .406,4 mm, of steel other than stainless steel
- Prodcom 24203210 - Casing and tubing, of a kind used in drilling for oil or gas, w elded, of an external diameter . .406,4 mm, of stainless steel
- Prodcom 24203250 - Casing and tubing, of a kind used in drilling for oil or gas, w elded, of an external diameter . .406,4 mm, of steel other than stainless steel
- Prodcom 24203310 - Tubes and pipes, of circular cross-section, welded, of an external diameter . .406,4 mm, of stainless steel (excluding line pipe of a kind used for oil or gas pipelines, and casing and tubing used for oil or gas drilling)
- Prodcom 24203340 - Precision tubes and pipes, of circular cross-section, welded, o f an external diameter . .406,4 mm, of steel other than stainless steel
- Prodcom 24203370 - Tubes and pipes, of circular cross-section, hot- or coldformed and welded, of an external diameter . .406,4 mm, of steel other than stainless steel
- Prodcom 24203410 - Tubes and pipes, of non-circular cross-section, hot- or coldformed and welded, of stainless steel
- Prodcom 24203430 - Tubes and pipes, of square or rectangular cross-section, of a wall thickness . 2 mm, hotor cold-formed and welded, of steel other than stainless steel
- Prodcom 24203450 - Tubes and pipes, of square or rectangular cross-section, of a wall thickness > 2 mm, hot-or cold-formed and welded, of steel other than stainless steel
- Prodcom 24203470 - Tubes and pipes, of other non-circular cross-section than square or rectangular, hot- or cold-formed and welded, of steel other than stainless steel
- Prodcom 24203500 - Tubes and pipes, open seam, riveted or similarly closed, of steel (excluding line pipe for oil and gas pipelines, casing and tubing used for oil or gas drilling and other welded tubes and pipes)
- Prodcom 24512000 - Tubes, pipes and hollow profiles of cast iron excluding tubes, p ipes, hollow profiles made into identifiable parts of articles, s uch as sections of central heating radiators and machinery parts
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
505
The revenue of the market for tubes, pipes and hollow profiles (of iron or steel) worldwide amounted to $124.6B in 2018, rising by 3.9% against the previous year. China (23M tons) constituted the country with the largest volume of consumption of tube
1442
In value terms, seamless tubes, pipes and hollow profiles imports stood at $X in 2016. In general, seamless tubes, pipes and hollow profiles imports continue to indicate a deep downturn. In that yea...
692
In value terms, seamless tubes, pipes and hollow profiles exports stood at $X in 2016. In general, seamless tubes, pipes and hollow profiles exports continue to indicate a deep contraction. Global s...
1285
In 2016, the global steel pipe and tube imports totaled X tons, declining by -X% against the previous year level. Overall, steel pipe and tube imports continue to indicate a relatively flat tr...
936
In 2016, the global steel pipe and tube imports totaled X tons, declining by -X% against the previous year level. Overall, steel pipe and tube imports continue to indicate a relatively flat tr...
