Italy: 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 Italy

The Italian market for line pipe of steel other than stainless steel for oil or gas pipelines declined notably to $X in 2022, which is down by -95% against the previous year. Over the period under review, consumption recorded a dramatic shrinkage. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines soared to $X in 2022 estimated in export price. In general, production, however, saw a drastic downturn. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports from Italy

In 2022, after three years of decline, there was significant growth in overseas shipments of line pipe of steel other than stainless steel for oil or gas pipelines, when their volume increased by 67% to X tons. Over the period under review, exports, however, continue to indicate a pronounced downturn. Over the period under review, the exports of reached the maximum at X tons in 2014; however, from 2015 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 skyrocketed to $X in 2022. In general, exports, however, saw a pronounced decrease. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for exports of line pipe of steel other than stainless steel for oil or gas pipelines from Italy, accounting for a 33% share of total exports. Moreover, exports of line pipe of steel other than stainless steel for oil or gas pipelines to Turkey exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was held by France (X tons), with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at +32.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-8.0% per year) and France (+14.3% per year).

In value terms, the largest markets for line pipe of steel other than stainless steel for oil or gas pipelines exported from Italy were Turkey ($X), the United States ($X) and France ($X), together comprising 44% of total exports. Argentina, the UK, Norway, the United Arab Emirates, the Netherlands, Egypt, Germany, Kazakhstan, Angola and Mexico lagged somewhat behind, together comprising a further 36%.

Angola, with a CAGR of +93.8%, recorded the highest growth rate of the value of exports, among 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 line pipe of steel other than stainless steel for oil or gas pipelines stood at $X per ton in 2022, approximately mirroring the previous year. In general, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 an increase of 14% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Norway ($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 Argentina (+3.0%), 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 Italy

Imports of line pipe of steel other than stainless steel for oil or gas pipelines into Italy rose significantly to X tons in 2022, increasing by 8.2% against the year before. In general, imports, however, continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2018 with an increase of 20% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines soared to $X in 2022. Over the period under review, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 with an increase of 59% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Romania (X tons) and China (X tons) were the main suppliers of imports of line pipe of steel other than stainless steel for oil or gas pipelines to Italy, together accounting for 45% of total imports. Slovakia, Ukraine, Spain, the United States, the Czech Republic, India, South Africa, Poland, the United Arab Emirates and Japan lagged somewhat behind, together comprising a further 49%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +31.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest line pipe of steel other than stainless steel for oil or gas pipelines suppliers to Italy were Romania ($X), Slovakia ($X) and China ($X), together accounting for 42% of total imports. Ukraine, Germany, Spain, the Czech Republic, India, the United States, South Africa, Poland, the United Arab Emirates and Japan lagged somewhat behind, together accounting for a further 50%.

In terms of the main suppliers, Ukraine, with a CAGR of +22.5%, saw the highest growth rate of 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

The average import price for line pipe of steel other than stainless steel for oil or gas pipelines stood at $X per ton in 2022, increasing by 14% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 33% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform