Germany: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2024

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Germany

In 2021, the German market for tubes, pipes and hollow profiles (of iron or steel) decreased by -32.9% to $X, falling for the third year in a row after five years of growth. Overall, consumption showed a pronounced downturn. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) expanded notably to $X in 2021 estimated in export price. In general, production recorded a pronounced slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by 13% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports from Germany

After three years of decline, overseas shipments of tubes, pipes and hollow profiles (of iron or steel) increased by 14% to X tons in 2021. In general, exports, however, continue to indicate a perceptible reduction. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2021. Over the period under review, exports, however, recorded a perceptible decrease. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), France (X tons) and Poland (X tons) were the main destinations of exports of tubes, pipes and hollow profiles (of iron or steel) from Germany, together comprising 35% of total exports. Qatar, the United States, Italy, Austria, the Czech Republic, the UK, Denmark, Switzerland, Belgium and Sweden lagged somewhat behind, together comprising a further 43%.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +49.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and the United States ($X) appeared to be the largest markets for iron or steel pipe and tube exported from Germany worldwide, with a combined 30% share of total exports. Poland, Austria, Italy, the Czech Republic, Switzerland, the UK, Denmark, Qatar, Belgium and Sweden lagged somewhat behind, together accounting for a further 40%.

Qatar, with a CAGR of +24.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for tubes, pipes and hollow profiles (of iron or steel) stood at $X per ton in 2021, picking up by 4.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 11%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Germany

In 2021, the amount of tubes, pipes and hollow profiles (of iron or steel) imported into Germany skyrocketed to X tons, increasing by 18% compared with 2020 figures. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2021. The total import value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest iron or steel pipe and tube supplier to Germany, accounting for a 30% share of total imports. Moreover, imports of tubes, pipes and hollow profiles (of iron or steel) from Italy exceeded the figures recorded by the second-largest supplier, the UK (X tons), fourfold. Poland (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+16.7% per year) and Poland (+7.1% per year).

In value terms, Italy ($X) constituted the largest supplier of tubes, pipes and hollow profiles (of iron or steel) to Germany, comprising 34% of total imports. The second position in the ranking was taken by Austria ($X), with a 7.4% share of total imports. It was followed by France, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-0.1% per year) and France (-1.8% per year).

Import Prices by Country

In 2021, the average import price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, surging by 24% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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