Europe: 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 Europe

The Europe market for tubes, pipes and hollow profiles (of iron or steel) skyrocketed to $X in 2021, with an increase of 16% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in years to come.

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

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) fell to $X in 2021 estimated in export price. Overall, production recorded a perceptible curtailment. The growth pace was the most rapid in 2017 when the production volume increased by 23% against the previous year. The level of production peaked 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 in Europe

In 2021, after two years of decline, there was significant growth in shipments abroad of tubes, pipes and hollow profiles (of iron or steel), when their volume increased by 6.3% to X tons. Overall, exports, however, saw a slight decrease. The growth pace was the most rapid in 2017 with an increase of 15% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2021. In general, exports, however, saw a noticeable descent. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Italy (X tons), Germany (X tons) and Russia (X tons) represented the key exporter of tubes, pipes and hollow profiles (of iron or steel) in Europe, committing 47% of total export. Spain (X tons) held a 5% share (based on physical terms) of total exports, which put it in second place, followed by Romania (4.5%). The following exporters - Austria (X tons), Ukraine (X tons), the Netherlands (X tons), Poland (X tons), the UK (X tons), France (X tons), the Czech Republic (X tons) and Belgium (X tons) - together made up 28% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +5.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel pipe and tube supplying countries in Europe were Italy ($X), Germany ($X) and Russia ($X), together accounting for 48% of total exports. Spain, France, Austria, the Netherlands, Romania, the UK, Poland, the Czech Republic, Ukraine and Belgium lagged somewhat behind, together comprising a further 37%.

In terms of the main exporting countries, Poland, with a CAGR of +6.6%, recorded the highest growth rate of 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

In 2021, the export price in Europe amounted to $X per ton, picking up by 21% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.5%), while the other leaders experienced more modest paces of growth.

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

Imports in Europe

In 2021, overseas purchases of tubes, pipes and hollow profiles (of iron or steel) were finally on the rise to reach X tons after two years of decline. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 16% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) skyrocketed to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports reached 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), the UK (X tons) and Belgium (X tons) were the major importers of tubes, pipes and hollow profiles (of iron or steel), together creating 56% of total imports. The following importers - the Czech Republic (X tons), Romania (X tons), Spain (X tons), Russia (X tons), Austria (X tons) and Sweden (X tons) - together made up 20% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania (with a CAGR of +8.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 34% of total imports. Italy, the Netherlands, the UK, the Czech Republic, Spain, Belgium, Russia, Austria, Sweden and Romania lagged somewhat behind, together accounting for a further 42%.

Romania, with a CAGR of +5.7%, recorded the highest rates of growth with regard to the value of imports, among 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 2021, surging by 21% 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; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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 Sweden ($X per ton), while Romania ($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