Brazil: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2025

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Brazil

In 2021, the Brazilian market for tubes, pipes and hollow profiles (of iron or steel) increased by 7.4% to $X, rising for the third year in a row after six years of decline. In general, consumption, however, showed a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 8.4%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Brazil

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) rose slightly to $X in 2021 estimated in export price. In general, production, however, showed a deep setback. Over the period under review, production of attained the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Exports from Brazil

In 2021, overseas shipments of tubes, pipes and hollow profiles (of iron or steel) decreased by -8.9% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, posted a perceptible expansion. The growth pace was the most rapid in 2017 with an increase of 74% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) contracted notably to $X in 2021. Overall, exports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2014 with an increase of 64%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for exports of tubes, pipes and hollow profiles (of iron or steel) from Brazil, accounting for a 27% share of total exports. Moreover, exports of tubes, pipes and hollow profiles (of iron or steel) to the United States exceeded the volume sent to the second major destination, Iraq (X tons), threefold. The third position in this ranking was taken by Qatar (X tons), with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+37.3% per year) and Qatar (+72.8% per year).

In value terms, the United States ($X) emerged as the key foreign market for tubes, pipes and hollow profiles (of iron or steel) exports from Brazil, comprising 28% of total exports. The second position in the ranking was taken by Iraq ($X), with a 7.6% share of total exports. It was followed by Qatar, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+24.1% per year) and Qatar (+69.0% per year).

Export Prices by Country

The average export price for tubes, pipes and hollow profiles (of iron or steel) stood at $X per ton in 2021, declining by -8.7% against the previous year. In general, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 32% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Saint Lucia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Imports into Brazil

In 2021, imports of tubes, pipes and hollow profiles (of iron or steel) into Brazil surged to X tons, growing by 34% on the previous year's figure. Over the period under review, imports, however, showed a abrupt shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2021. Overall, imports, however, showed a pronounced downturn. Over the period under review, imports of attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of iron or steel pipe and tube to Brazil, accounting for a 29% share of total imports. Moreover, imports of tubes, pipes and hollow profiles (of iron or steel) from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. India (X tons) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.5% per year) and India (+15.2% per year).

In value terms, the largest iron or steel pipe and tube suppliers to Brazil were China ($X), Germany ($X) and the United States ($X), together accounting for 51% of total imports. Japan, Italy, Uruguay, India, Taiwan (Chinese), Argentina, Ukraine, Spain, Mexico and Russia lagged somewhat behind, together accounting for a further 39%.

India, with a CAGR of +18.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, surging by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 14% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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