Report Update Nov 1, 2024

Algeria - Stainless Steel Seamless Pipe for Oil and Gas - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Market for Stainless Steel Seamless Pipe For Oil And Gas 2024

Market Size for Stainless Steel Seamless Pipe For Oil And Gas in Algeria

The Algerian stainless steel seamless pipe market soared to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a mild setback. Stainless steel seamless pipe consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from Algeria

In 2019, approx. X tons of stainless steel seamless pipe for oil and gas were exported from Algeria; leveling off at 2018. In general, exports faced a significant decline. The smallest decline of X% was in 2013. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

In value terms, stainless steel seamless pipe exports amounted to $X in 2019. Over the period under review, exports showed a significant contraction. The smallest decline of X% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for stainless steel seamless pipe exports from Algeria, with a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Mauritania was relatively modest.

From 2012 to 2019, the average annual rate of growth in terms of value to Mauritania was relatively modest.

Export Prices by Country

The average stainless steel seamless pipe export price stood at $X per ton in 2019, therefore, remained relatively stable against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2012 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports into Algeria

Stainless steel seamless pipe imports into Algeria surged to X tons in 2022, growing by X% against 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, stainless steel seamless pipe imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Japan (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of stainless steel seamless pipe imports to Algeria, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel seamless pipe suppliers to Algeria were the United Arab Emirates ($X), Japan ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average stainless steel seamless pipe import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, showed a slight descent. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while the price for China ($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 Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for stainless steel seamless pipe for oil and gas in the world?

Russia remains the largest stainless steel seamless pipe consuming country worldwide, accounting for 57% of total volume. Moreover, stainless steel seamless pipe consumption in Russia exceeded the figures recorded by the second-largest consumer, China, eightfold. Japan ranked third in terms of total consumption with a 5% share.

What are the largest producers of stainless steel seamless pipe for oil and gas in the world?

The country with the largest volume of stainless steel seamless pipe production was Russia, accounting for 60% of total volume. Moreover, stainless steel seamless pipe production in Russia exceeded the figures recorded by the second-largest producer, China, sixfold. The third position in this ranking was occupied by Japan, with a 7.2% share.

What are the leading suppliers of stainless steel seamless pipe for oil and gas to Algeria?

In value terms, the largest stainless steel seamless pipe suppliers to Algeria were Japan and China.

What is the average export price for stainless steel seamless pipe for oil and gas in Algeria?

In 2019, the average stainless steel seamless pipe export price amounted to $2,253 per ton, almost unchanged from the previous year.

What is the average import price for stainless steel seamless pipe for oil and gas in Algeria?

In 2020, the average stainless steel seamless pipe import price amounted to $4,844 per ton, increasing by 4.1% against the previous year.

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

Algeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Algeria
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023