France: Market for Stainless Steel Seamless Pipe For Oil And Gas 2024

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

The French stainless steel seamless pipe market surged to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, continues to indicate a noticeable downturn. Stainless steel seamless pipe consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, stainless steel seamless pipe production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible descent. The growth pace was the most rapid in 2020 with an increase of X%. Stainless steel seamless pipe production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from France

In 2022, overseas shipments of stainless steel seamless pipe for oil and gas decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, stainless steel seamless pipe exports contracted markedly to $X in 2022. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Benin (X tons), Algeria (X tons) and Cote d'Ivoire (X tons) were the main destinations of stainless steel seamless pipe exports from France, together accounting for X% of total exports. Madagascar, Portugal, Azerbaijan, Morocco, the UK, South Sudan, Switzerland, Canada, Angola and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Madagascar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for stainless steel seamless pipe for oil and gas exports from France, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with a X% share of total exports. It was followed by Algeria, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Cote d'Ivoire amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Algeria (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. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel seamless pipe export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Benin ($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 United Arab Emirates (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 France

In 2022, the amount of stainless steel seamless pipe for oil and gas imported into France surged to X tons, increasing by X% on 2021. Over the period under review, imports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, stainless steel seamless pipe imports soared to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest stainless steel seamless pipe supplier to France, with a X% share of total imports. Moreover, stainless steel seamless pipe imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Spain (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Spain (X% per year).

In value terms, Italy ($X), Germany ($X) and Belgium ($X) constituted the largest stainless steel seamless pipe suppliers to France, together comprising X% of total imports. Spain, the Netherlands, the UK, Malaysia and Turkey lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Malaysia, with a CAGR of X%, saw 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 2022, the average stainless steel seamless pipe import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, saw a slight increase. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then reduced remarkably in the following year.

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

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

Source: IndexBox Platform

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