EU: Market for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines 2025

Market Size for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in the EU

The EU market for line pipe of steel other than stainless steel for oil or gas pipelines totaled $X in 2022, approximately reflecting the previous year. In general, consumption, however, posted a resilient expansion. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Production of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in the EU

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines surged to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep downturn. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines

Exports in the EU

In 2022, overseas shipments of line pipe of steel other than stainless steel for oil or gas pipelines were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2018 when exports increased by 40%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of line pipe of steel other than stainless steel for oil or gas pipelines skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a noticeable downturn. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Italy was the largest exporter of line pipe of steel other than stainless steel for oil or gas pipelines in the European Union, with the volume of exports accounting for X tons, which was approx. 41% of total exports in 2022. It was distantly followed by Romania (X tons), Germany (X tons), Spain (X tons) and the Czech Republic (X tons), together generating a 45% share of total exports. The following exporters - the Netherlands (X tons) and Slovakia (X tons) - each amounted to a 7.9% share of total exports.

Exports from Italy decreased at an average annual rate of -2.2% from 2012 to 2022. Romania experienced a relatively flat trend pattern. Spain (-2.2%), Slovakia (-3.0%), Germany (-6.2%), the Netherlands (-6.8%) and the Czech Republic (-9.5%) illustrated a downward trend over the same period. Italy (+9.8 p.p.), Romania (+5.7 p.p.) and Spain (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Germany and the Czech Republic saw its share reduced by -2.4% and -3.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and Romania ($X) were the countries with the highest levels of exports in 2022, with a combined 72% share of total exports.

Among the main exporting countries, Romania, with a CAGR of +1.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of 15% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+2.9%), while the other leaders experienced more modest paces of growth.

Imports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines

Imports in the EU

After three years of decline, purchases abroad of line pipe of steel other than stainless steel for oil or gas pipelines increased by 16% to X tons in 2022. Overall, imports, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2018 when imports increased by 32% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines soared to $X in 2022. In general, imports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 43%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons), distantly followed by Germany (X tons), France (X tons), the Netherlands (X tons), Spain (X tons), Belgium (X tons) and Portugal (X tons) represented the main importers of line pipe of steel other than stainless steel for oil or gas pipelines, together achieving 79% of total imports. Romania (X tons), Poland (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +17.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2022, together comprising 51% of total imports. The Netherlands, Romania, Poland, Spain, Portugal, Belgium and Greece lagged somewhat behind, together comprising a further 36%.

Romania, with a CAGR of +18.5%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, with an increase of 15% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per ton), while Spain ($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 Netherlands (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform