EU: 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 the EU

In 2021, the EU market for tubes, pipes and hollow profiles (of iron or steel) was finally on the rise to reach $X after three years of decline. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) shrank to $X in 2021 estimated in export price. In general, production recorded a noticeable shrinkage. The growth pace was the most rapid in 2017 with an increase of 21%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports in the EU

In 2021, shipments abroad of tubes, pipes and hollow profiles (of iron or steel) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a mild decrease. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) soared to $X in 2021. Overall, exports, however, saw a slight decrease. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons) and Germany (X tons) represented the key exporters of tubes, pipes and hollow profiles (of iron or steel) in 2021, recording approx. 26% and 20% of total exports, respectively. Spain (X tons) ranks next in terms of the total exports with a 6.4% share, followed by Romania (5.9%), Austria (5.5%), the Netherlands (4.9%) and Poland (4.8%). France (X tons), the Czech Republic (X tons), Belgium (X tons), Slovakia (X tons), Bulgaria (X tons) and Portugal (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bulgaria (with a CAGR of +13.0%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Spain ($X) were the countries with the highest levels of exports in 2021, with a combined 56% share of total exports. France, Austria, the Netherlands, Romania, Poland, the Czech Republic, Belgium, Slovakia, Portugal and Bulgaria lagged somewhat behind, together accounting for a further 36%.

Among the main exporting countries, Bulgaria, with a CAGR of +18.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, rising by 19% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.5%), while the other leaders experienced more modest paces of growth.

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

Imports in the EU

In 2021, after two years of decline, there was significant growth in purchases abroad of tubes, pipes and hollow profiles (of iron or steel), when their volume increased by 9.9% to X tons. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 16%. Over the period under review, imports of reached the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by France (X tons), Poland (X tons), Italy (X tons), the Netherlands (X tons), Belgium (X tons), the Czech Republic (X tons), Romania (X tons) and Spain (X tons) were the main importers of tubes, pipes and hollow profiles (of iron or steel), together constituting 75% of total imports. Austria (X tons), Sweden (X tons), Hungary (X tons) and Denmark (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +8.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel pipe and tube importing markets in the European Union were Germany ($X), France ($X) and Poland ($X), together accounting for 41% of total imports. Italy, the Netherlands, the Czech Republic, Spain, Belgium, Austria, Sweden, Romania, Denmark and Hungary lagged somewhat behind, together accounting for a further 46%.

Among the main importing countries, Romania, with a CAGR of +5.7%, recorded the highest rates of growth with regard to 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 2021, the import price in the European Union amounted to $X per ton, surging by 26% against the previous year. In general, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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