Report Update: Nov 1, 2024

World - Stainless Steel Seamless Pipe For Oil And Gas - Market Analysis, Forecast, Size, Trends And Insights

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Stainless steel seamless pipe market

Stainless steel seamless pipe market: get recently published datasets secured by an Ai-driven BI tool. Datasets cover market size, market prices, trade, exports, production, consumption, companies, and imports. Here is a split by region, including the Middle East, the U.S., China, EU, the U.K., Latin America, Russia, and Africa. Market insights and outlook to 2030 are also provided in the snapshots.

Stainless Steel Seamless Pipe - World's Largest Markets

Rating	Country
1	Brazil
2	Spain
3	China
4	United States
5	Saudi Arabia

In value terms, Brazil led the market, alone. The second position in the ranking was occupied by Spain. It was followed by China.

From 2019 to 2021, the average annual growth rate of value in Brazil amounted to +1,188.8%. In the other countries, the average annual rates were as follows: Spain (+10.5% per year) and China (-23.3% per year).

Stainless Steel Seamless Pipe Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
Kazakhstan	1013	746	829	-9.5%
China	3602	4074	1617	-33.0%
Norway	3508	3318	3430	-1.1%
Singapore	3295	3811	3677	5.6%
South Korea	5461	3322	3920	-15.3%
Malaysia	5794	2929	4162	-15.2%
India	3585	4901	4702	14.5%
United States	11621	6242	10164	-6.5%
Italy	5193	8828	10654	43.2%
Average	4826	3673	2840	-23.3%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($10,654 per ton), while Kazakhstan ($829 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
Norway	5619	7435	6676	9.0%
Italy	6009	6307	5028	-8.5%
Singapore	3998	3653	3833	-2.1%
Indonesia	3557	3296	3414	-2.0%
Mexico	5145	4523	2912	-24.8%
South Korea	2380	1978	2155	-4.8%
Thailand	4660	6161	2053	-33.6%
Saudi Arabia	2041	1819	1905	-3.4%
Russia	1378	1067	1201	-6.6%
India	2318	1688	749	-43.2%
Ireland	2110	1547	650	-44.5%
Brazil	13645	9213	200	-87.9%
Average	3920	3439	2840	-14.9%

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($6,676 per ton), while Brazil ($200 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Norway, while the other global leaders experienced a decline in the import price figures.

Stainless Steel Seamless Pipe - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	million USD			CAGR, 2019-2021
South Korea	44	46	45	1.5%
Saudi Arabia	30	43	37	9.8%
Norway	22	40	31	19.2%
Singapore	18	15	16	-4.1%
Russia	2.2	14	13	147.1%

In value terms, the largest stainless steel seamless pipe importing markets worldwide were South Korea ($45M), Saudi Arabia ($37M) and Norway ($31M), together accounting for 25% of global imports. These countries were followed by Singapore, Russia, Italy, Indonesia, Mexico, India, Thailand, Brazil and Ireland, which together accounted for a further 19%.

Russia (+147.1% per year) 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.

Stainless Steel Seamless Pipe - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	million USD			CAGR, 2019-2021
China	58	59	160	66.5%
South Korea	29	45	37	13.3%
United States	25	18	35	17.2%
Italy	25	14	35	16.6%
India	17	20	17	-2.4%

In value terms, China ($160M) remains the largest stainless steel seamless pipe supplier worldwide, comprising 36% of global exports. The second position in the ranking was occupied by South Korea ($37M), with a 8.3% share of global exports. It was followed by the United States, with a 7.8% share.

In China, stainless steel seamless pipe exports expanded at an average annual rate of +66.5% over the period from 2019-2021. In the other countries, the average annual rates were as follows: South Korea (+13.3% per year) and the United States (+17.2% per year).

Stainless Steel Seamless Pipe - Market Forecast

Depressed by shrinking demand for stainless steel seamless pipe worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Stainless Steel Seamless Pipe - Product Coverage

HS 730411 - Iron or steel (excluding cast iron); seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for stainless steel seamless pipe. 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

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023