MERCOSUR: 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 MERCOSUR

The MERCOSUR market for line pipe of steel other than stainless steel for oil or gas pipelines shrank to $X in 2022, which is down by -12.2% against the previous year. Overall, consumption saw a deep contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines shrank to $X in 2022 estimated in export price. Overall, production recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, production of hit record highs 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 in MERCOSUR

In 2022, shipments abroad of line pipe of steel other than stainless steel for oil or gas pipelines increased by 149% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 281% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 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 soared to $X in 2022. Over the period under review, exports, however, saw a slight slump. The pace of growth appeared the most rapid in 2017 with an increase of 252%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X tons) was the largest exporter of line pipe of steel other than stainless steel for oil or gas pipelines, making up 82% of total exports. It was distantly followed by Argentina (X tons), committing a 17% share of total exports.

Brazil was also the fastest-growing in terms of the line pipe of steel other than stainless steel for oil or gas pipelines exports, with a CAGR of +5.8% from 2012 to 2022. Argentina (-9.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by +33 percentage points.

In value terms, Brazil ($X) remains the largest line pipe of steel other than stainless steel for oil or gas pipelines supplier in MERCOSUR, comprising 81% of total exports. The second position in the ranking was held by Argentina ($X), with an 18% share of total exports.

In Brazil, exports of line pipe of steel other than stainless steel for oil or gas pipelines expanded at an average annual rate of +2.9% over the period from 2012-2022.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, surging by 2.4% against the previous year. Over the period under review, the export price, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2018 when the export price increased by 15% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-0.9%).

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

Imports in MERCOSUR

In 2022, purchases abroad of line pipe of steel other than stainless steel for oil or gas pipelines was finally on the rise to reach X tons after two years of decline. Overall, imports, however, recorded a deep setback. The volume of import peaked at X tons in 2012; however, from 2013 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, saw a pronounced descent. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Brazil (X tons), Colombia (X tons), Peru (X tons) and Guyana (X tons) represented roughly 74% of total imports in 2022. It was distantly followed by Chile (X tons), Argentina (X tons) and Ecuador (X tons), together achieving a 23% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Guyana (with a CAGR of +64.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Guyana ($X) and Argentina ($X) were the countries with the highest levels of imports in 2022, together accounting for 70% of total imports.

In terms of the main importing countries, Guyana, with a CAGR of +73.1%, 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 more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, jumping by 71% against the previous year. Import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform