Finland: Market for Stainless Steel Seamless Pipe For Oil And Gas 2025

Market Size for Stainless Steel Seamless Pipe For Oil And Gas in Finland

The Finnish stainless steel seamless pipe market skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption continues to indicate a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Stainless Steel Seamless Pipe For Oil And Gas in Finland

In value terms, stainless steel seamless pipe production dropped sharply to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a sharp setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Stainless steel seamless pipe production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from Finland

In 2022, the amount of stainless steel seamless pipe for oil and gas exported from Finland contracted rapidly to X tons, shrinking by X% against 2021. Overall, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, stainless steel seamless pipe exports reduced remarkably to $X in 2022. In general, exports showed a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X tons), Uruguay (X tons) and the Netherlands (X tons) were the main destinations of stainless steel seamless pipe exports from Finland, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) emerged as the key foreign market for stainless steel seamless pipe for oil and gas exports from Finland, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and Sweden (X% per year).

Export Prices by Country

The average stainless steel seamless pipe export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports into Finland

In 2022, after four years of decline, there was significant growth in overseas purchases of stainless steel seamless pipe for oil and gas, when their volume increased by X% to X tons. Overall, imports, however, faced a deep downturn. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, stainless steel seamless pipe imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a deep setback. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of stainless steel seamless pipe imports to Finland, together comprising X% of total imports. Estonia, Turkey and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X) constituted the largest supplier of stainless steel seamless pipe for oil and gas to Finland, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Estonia (X% per year).

Import Prices by Country

In 2022, the average stainless steel seamless pipe import price amounted to $X per ton, surging by X% against the previous year. In general, the import price continues to indicate a moderate increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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