Indonesia: Market for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines 2025

Market Size for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in Indonesia

For the third consecutive year, the Indonesian market for line pipe of steel other than stainless steel for oil or gas pipelines recorded decline in sales value, which decreased by -52.5% to $X in 2022. In general, consumption showed a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in Indonesia

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines fell remarkably to $X in 2022 estimated in export price. Overall, production saw a abrupt setback. The pace of growth was the most pronounced in 2018 when the production volume increased by 48%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines

Exports from Indonesia

In 2022, exports of line pipe of steel other than stainless steel for oil or gas pipelines from Indonesia fell significantly to X tons, waning by -69.5% compared with 2021. In general, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 846% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of line pipe of steel other than stainless steel for oil or gas pipelines reduced dramatically to $X in 2022. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 344%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for exports of line pipe of steel other than stainless steel for oil or gas pipelines from Indonesia, accounting for a 64% share of total exports. Moreover, exports of line pipe of steel other than stainless steel for oil or gas pipelines to Thailand exceeded the volume sent to the second major destination, Singapore (X tons), sixfold. The third position in this ranking was held by Japan (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to Thailand amounted to +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-33.2% per year) and Japan (+85.3% per year).

In value terms, Thailand ($X), Saudi Arabia ($X) and Qatar ($X) were the largest markets for line pipe of steel other than stainless steel for oil or gas pipelines exported from Indonesia worldwide, with a combined 68% share of total exports. Singapore, Japan, the United Arab Emirates and Malaysia lagged somewhat behind, together accounting for a further 25%.

In terms of the main countries of destination, Japan, with a CAGR of +73.6%, saw the highest rates of growth with regard to 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 2022, the average export price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, increasing by 26% against the previous year. In general, the export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 209% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Thailand ($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 Qatar (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines

Imports into Indonesia

In 2022, the amount of line pipe of steel other than stainless steel for oil or gas pipelines imported into Indonesia reduced rapidly to X tons, falling by -60.7% against the previous year. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by 33% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines fell dramatically to $X in 2022. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2015 with an increase of 29% against the previous year. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of line pipe of steel other than stainless steel for oil or gas pipelines to Indonesia, accounting for a 63% share of total imports. Moreover, imports of line pipe of steel other than stainless steel for oil or gas pipelines from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-11.6% per year) and Germany (+5.6% per year).

In value terms, the largest line pipe of steel other than stainless steel for oil or gas pipelines suppliers to Indonesia were China ($X), Japan ($X) and Germany ($X), together comprising 79% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +4.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, increasing by 3.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 23%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform