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

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

The Benelux stainless steel seamless pipe market surged to $X in 2022, jumping by X% against the previous year. In general, consumption posted a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Stainless Steel Seamless Pipe For Oil And Gas in Benelux

In value terms, stainless steel seamless pipe production dropped remarkably to $X in 2022 estimated in export price. Overall, production posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports in Benelux

In 2022, shipments abroad of stainless steel seamless pipe for oil and gas decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, stainless steel seamless pipe exports skyrocketed to $X in 2022. In general, exports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Belgium (X tons), generating a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the stainless steel seamless pipe for oil and gas exports, with a CAGR of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, the Netherlands ($X) remains the largest stainless steel seamless pipe supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with an X% share of total exports.

In the Netherlands, stainless steel seamless pipe exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, rising by X% against the previous year. Export price indicated buoyant growth from 2012 to 2022: its price 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, stainless steel seamless pipe export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports in Benelux

In 2022, purchases abroad of stainless steel seamless pipe for oil and gas was finally on the rise to reach X tons after eight years of decline. Overall, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, stainless steel seamless pipe imports contracted to $X in 2022. In general, imports, however, showed a deep slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) represented the major importer of stainless steel seamless pipe for oil and gas, generating X% of total imports. It was distantly followed by the Netherlands (X tons), making up a X% share of total imports.

Belgium was also the fastest-growing in terms of the stainless steel seamless pipe for oil and gas imports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, waning by X% against the previous year. In general, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform