France: Market for Tube Or Pipe Fittings (Of Iron Or Steel) 2025

Market Size for Tube Or Pipe Fittings (Of Iron Or Steel) in France

The French market for tube or pipe fittings (of iron or steel) skyrocketed to $X in 2022, jumping by 19% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Tube Or Pipe Fittings (Of Iron Or Steel) in France

In value terms, iron or steel tube fitting production surged to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced decrease. Iron or steel tube fitting production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Tube Or Pipe Fittings (Of Iron Or Steel)

Exports from France

In 2022, approx. X tons of tube or pipe fittings (of iron or steel) were exported from France; picking up by 1.9% on 2021 figures. In general, exports, however, saw a mild decline. The pace of growth was the most pronounced in 2019 with an increase of 22% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, iron or steel tube fitting exports rose to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 17% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons) was the main destination for iron or steel tube fitting exports from France, with a 17% share of total exports. Moreover, iron or steel tube fitting exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-6.9% per year) and Spain (+0.1% per year).

In value terms, Germany ($X) remains the key foreign market for tube or pipe fittings (of iron or steel) exports from France, comprising 17% of total exports. The second position in the ranking was held by the UK ($X), with an 8.2% share of total exports. It was followed by Italy, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+2.5% per year) and Italy (-4.3% per year).

Export Prices by Country

In 2022, the average export price for tube or pipe fittings (of iron or steel) amounted to $X per ton, growing by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2014 when the average export price increased by 15% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Saudi Arabia ($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 Czech Republic (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube Or Pipe Fittings (Of Iron Or Steel)

Imports into France

In 2022, approx. X tons of tube or pipe fittings (of iron or steel) were imported into France; flattening at 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 35% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, iron or steel tube fitting imports totaled $X in 2022. The total import value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of iron or steel tube fitting imports to France, together accounting for 55% of total imports. Belgium, Spain, Poland, the Netherlands, Brazil, India, the UK and Turkey lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +13.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Germany ($X) constituted the largest iron or steel tube fitting suppliers to France, together comprising 52% of total imports. Belgium, the Netherlands, the UK, Spain, Poland, India, Brazil and Turkey lagged somewhat behind, together accounting for a further 31%.

Turkey, with a CAGR of +15.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 import price for tube or pipe fittings (of iron or steel) amounted to $X per ton, with an increase of 7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Brazil ($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 UK (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :