Italy: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2025

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

In 2021, the Italian market for tubes, pipes and hollow profiles (of iron or steel) decreased by -0.4% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +69.2% against 2013 indices. Over the period under review, the market attained the peak level at $X in 2020, and then shrank slightly in the following year.

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

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) contracted modestly to $X in 2021 estimated in export price. In general, production saw a perceptible decrease. The growth pace was the most rapid in 2017 with an increase of 34% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

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

Exports from Italy

Exports of tubes, pipes and hollow profiles (of iron or steel) from Italy was estimated at X tons in 2021, standing approx. at 2020. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 8.1% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Spain (X tons) were the main destinations of exports of tubes, pipes and hollow profiles (of iron or steel) from Italy, with a combined 46% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +4.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) constituted the largest markets for iron or steel pipe and tube exported from Italy worldwide, with a combined 43% share of total exports. Poland, the Netherlands, the Czech Republic, Austria, the UK, Switzerland, Belgium, Hungary, Sweden and the United States lagged somewhat behind, together accounting for a further 31%.

Hungary, with a CAGR of +6.9%, recorded the highest rates of growth with regard to 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, growing by 39% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were the UK ($X per ton) and Poland ($X per ton), while the average price for exports to the United States ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.8%), 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 Italy

In 2021, approx. X tons of tubes, pipes and hollow profiles (of iron or steel) were imported into Italy; increasing by 11% against the previous year's figure. Overall, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -36.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 42% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) skyrocketed to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 47% against the previous year. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Romania (X tons) and Turkey (X tons) were the main suppliers of imports of tubes, pipes and hollow profiles (of iron or steel) to Italy, together comprising 41% of total imports. Greece, China, France, India, the Czech Republic, Spain, Slovakia, Austria, Ukraine and the United Arab Emirates lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +15.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel pipe and tube suppliers to Italy were Germany ($X), Romania ($X) and France ($X), with a combined 39% share of total imports. Turkey, India, Spain, China, Ukraine, Austria, the Czech Republic, Slovakia, Greece and the United Arab Emirates lagged somewhat behind, together accounting for a further 39%.

Among the main suppliers, India, with a CAGR of +12.0%, recorded 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

In 2021, the average import price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, increasing by 21% against the previous year. Over the period under review, the import price, however, showed a slight shrinkage. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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