Europe: 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 Europe

The Europe market for line pipe of steel other than stainless steel for oil or gas pipelines reached $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, saw a strong expansion. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

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

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines rose sharply to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt setback. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports in Europe

In 2022, shipments abroad of line pipe of steel other than stainless steel for oil or gas pipelines was 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, continue to indicate a perceptible downturn. The volume of export peaked 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 soared to $X in 2022. Overall, exports, however, continue to indicate a noticeable decrease. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Italy was the main exporter of line pipe of steel other than stainless steel for oil or gas pipelines in Europe, with the volume of exports resulting at X tons, which was approx. 27% of total exports in 2022. Romania (X tons) took the second position in the ranking, followed by Ukraine (X tons), Russia (X tons), Belarus (X tons), Germany (X tons) and Spain (X tons). All these countries together held near 57% share of total exports.

Exports from Italy decreased at an average annual rate of -2.2% from 2012 to 2022. At the same time, Belarus (+7.9%) and Ukraine (+1.9%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Europe, with a CAGR of +7.9% from 2012-2022. Romania experienced a relatively flat trend pattern. By contrast, Spain (-2.2%), Russia (-2.6%) and Germany (-6.2%) illustrated a downward trend over the same period. Belarus (+6.5 p.p.), Ukraine (+4.5 p.p.), Italy (+3.1 p.p.) and Romania (+2.5 p.p.) significantly strengthened its position in terms of the total exports, while Germany saw its share reduced by -3.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest line pipe of steel other than stainless steel for oil or gas pipelines supplying countries in Europe were Italy ($X), Germany ($X) and Romania ($X), together comprising 54% of total exports. Ukraine, Belarus, Spain and Russia lagged somewhat behind, together accounting for a further 26%.

In terms of the main exporting countries, Belarus, with a CAGR of +10.4%, 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 Europe stood at $X per ton in 2022, rising by 18% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+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 Europe

In 2022, overseas purchases of line pipe of steel other than stainless steel for oil or gas pipelines increased by 15% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2016 when imports increased by 19% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines surged to $X in 2022. In general, imports, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of 28%. Over the period under review, imports of reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons), distantly followed by Germany (X tons), Russia (X tons), Norway (X tons), the UK (X tons), France (X tons) and the Netherlands (X tons) were the key importers of line pipe of steel other than stainless steel for oil or gas pipelines, together creating 72% of total imports. Spain (X tons), Belgium (X tons), Portugal (X tons), Romania (X tons), Poland (X tons) and Greece (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of +17.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the UK ($X) were the countries with the highest levels of imports in 2022, with a combined 41% share of total imports. Norway, France, the Netherlands, Russia, Romania, Poland, Spain, Portugal, Belgium and Greece lagged somewhat behind, together comprising a further 47%.

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 Europe stood at $X per ton in 2022, surging by 5.2% against the previous year. In general, the import price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2021 an increase of 15%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while Russia ($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