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Report Portugal - Tubes, Pipes and Hollow Profiles (Of Iron or Steel) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Portugal - Tubes, Pipes and Hollow Profiles (Of Iron or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: 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 Portugal

The Portuguese market for tubes, pipes and hollow profiles (of iron or steel) dropped markedly to $X in 2021, waning by -67.5% against the previous year. Overall, consumption continues to indicate a pronounced curtailment. Consumption of peaked at $X in 2020, and then reduced dramatically in the following year.

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

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) dropped notably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 29% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production of growth remained at a somewhat lower figure.

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

Exports from Portugal

In 2021, shipments abroad of tubes, pipes and hollow profiles (of iron or steel) increased by 26% to X tons, rising for the second consecutive year after two years of decline. Overall, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +10.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +50.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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 saw strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons) was the main destination for exports of tubes, pipes and hollow profiles (of iron or steel) from Portugal, with a 41% share of total exports. Moreover, exports of tubes, pipes and hollow profiles (of iron or steel) to Spain exceeded the volume sent to the second major destination, France (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+11.5% per year) and the Netherlands (+20.6% per year).

In value terms, Spain ($X) remains the key foreign market for tubes, pipes and hollow profiles (of iron or steel) exports from Portugal, comprising 39% of total exports. The second position in the ranking was held by France ($X), with a 19% share of total exports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain totaled +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+14.8% per year) and the Netherlands (+24.4% per year).

Export Prices by Country

In 2021, the average export price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, with an increase of 45% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2021: its price 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. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Canada ($X per ton) and Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) and the UK ($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 Spain (+3.6%), 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 Portugal

Imports of tubes, pipes and hollow profiles (of iron or steel) into Portugal reduced to X tons in 2021, declining by -1.7% on the year before. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 16% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of iron or steel pipe and tube to Portugal, accounting for a 59% share of total imports. Moreover, imports of tubes, pipes and hollow profiles (of iron or steel) from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.5% per year) and Turkey (+4.0% per year).

In value terms, Spain ($X) constituted the largest supplier of tubes, pipes and hollow profiles (of iron or steel) to Portugal, comprising 52% of total imports. The second position in the ranking was taken by Italy ($X), with a 25% share of total imports. It was followed by Germany, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.4% per year) and Germany (-0.6% per year).

Import Prices by Country

The average import price for tubes, pipes and hollow profiles (of iron or steel) stood at $X per ton in 2021, surging by 35% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of consumption of tubes, pipes and hollow profiles of iron or steel) was China, accounting for 21% of total volume. Moreover, consumption of tubes, pipes and hollow profiles of iron or steel) in China exceeded the figures recorded by the second-largest consumer, Russia, threefold. India ranked third in terms of total consumption with a 7.3% share.
The country with the largest volume of production of tubes, pipes and hollow profiles of iron or steel) was China, comprising approx. 28% of total volume. Moreover, production of tubes, pipes and hollow profiles of iron or steel) in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The third position in this ranking was occupied by India, with a 7.7% share.
In value terms, Spain constituted the largest supplier of iron or steel pipe and tube to Portugal, comprising 51% of total imports. The second position in the ranking was occupied by Italy, with a 25% share of total imports. It was followed by Germany, with a 4.6% share.
In value terms, Spain remains the key foreign market for iron or steel pipe and tube exports from Portugal, comprising 39% of total exports. The second position in the ranking was occupied by France, with a 19% share of total exports. It was followed by the Netherlands, with a 13% share.
In 2021, the average export price for tubes, pipes and hollow profiles of iron or steel) amounted to $1,433 per ton, increasing by 47% against the previous year.
In 2021, the average import price for tubes, pipes and hollow profiles of iron or steel) amounted to $1,835 per ton, surging by 37% against the previous year.

This report provides an in-depth analysis of the market for iron or steel pipe and tube in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless steel
  • Prodcom 24201150 - Line pipe, of a kind used for oil or gas pipelines, seamless, of steel other than stainless steel
  • Prodcom 24201210 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of stainless steel
  • Prodcom 24201250 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of steel other than stainless steel
  • Prodcom 24201310 - Tubes and pipes, of circular cross-section, seamless, of stainless steel (excluding line pipe of a kind used for oil or gas pipelines and casing, tubing and drill pipe used for oil or gas drilling)
  • Prodcom 24201330 - Precision tubes and pipes, of circular cross-section, colddrawn or cold-rolled, seamless, of steel other than stainless steel
  • Prodcom 24201350 - Tubes and pipes, of circular cross-section, cold-drawn or coldrolled, s eamless, of steel other than stainless steel (excluding precision tubes and pipes)
  • Prodcom 24201370 - Tubes and pipes, of circular cross-section, hot-finished, s eamless, of steel other than stainless steel (excluding line pipe of a kind used for oil or gas pipelines and casing, tubing and drill-pipe used for oil or gas drilling)
  • Prodcom 24201400 - Tubes and pipes, of non-circular cross-section, seamless, a nd hollow profiles, seamless, of steel
  • Prodcom 24202110 - Line pipe, of a kind used for oil or gas pipelines, longitudinally welded, of an external diameter > .406,4 mm, of steel
  • Prodcom 24202150 - Line pipe, of a kind used for oil or gas pipelines, other than longitudinally welded, of an external diameter > .406,4 mm, of steel
  • Prodcom 24202200 - Casing, of a kind used in drilling for oil or gas, welded, of an external diameter > .406,4 mm, of steel
  • Prodcom 24202300 - Tubes and pipes, welded, of an external diameter > .406,4 mm, of steel (excluding line pipe of a kind used for oil or gas pipelines and casing used for oil or gas drilling)
  • Prodcom 24202400 - Tubes and pipes, riveted or similarly closed, of an external diameter > .406,4 mm, of steel (excluding line pipe for oil and gas pipelines, casing used for oil or gas drilling and welded tubes and pipes)
  • Prodcom 24203110 - Line pipe, of a kind used for oil or gas pipelines, longitudinally or spirally welded, of an external diameter . .406,4 mm, of stainless steel
  • Prodcom 24203150 - Line pipe, of a kind used for oil or gas pipelines, longitudinally or spirally welded, of an external diameter . .406,4 mm, of steel other than stainless steel
  • Prodcom 24203210 - Casing and tubing, of a kind used in drilling for oil or gas, w elded, of an external diameter . .406,4 mm, of stainless steel
  • Prodcom 24203250 - Casing and tubing, of a kind used in drilling for oil or gas, w elded, of an external diameter . .406,4 mm, of steel other than stainless steel
  • Prodcom 24203310 - Tubes and pipes, of circular cross-section, welded, of an external diameter . .406,4 mm, of stainless steel (excluding line pipe of a kind used for oil or gas pipelines, and casing and tubing used for oil or gas drilling)
  • Prodcom 24203340 - Precision tubes and pipes, of circular cross-section, welded, o f an external diameter . .406,4 mm, of steel other than stainless steel
  • Prodcom 24203370 - Tubes and pipes, of circular cross-section, hot- or coldformed and welded, of an external diameter . .406,4 mm, of steel other than stainless steel
  • Prodcom 24203410 - Tubes and pipes, of non-circular cross-section, hot- or coldformed and welded, of stainless steel
  • Prodcom 24203430 - Tubes and pipes, of square or rectangular cross-section, of a wall thickness . 2 mm, hotor cold-formed and welded, of steel other than stainless steel
  • Prodcom 24203450 - Tubes and pipes, of square or rectangular cross-section, of a wall thickness > 2 mm, hot-or cold-formed and welded, of steel other than stainless steel
  • Prodcom 24203470 - Tubes and pipes, of other non-circular cross-section than square or rectangular, hot- or cold-formed and welded, of steel other than stainless steel
  • Prodcom 24203500 - Tubes and pipes, open seam, riveted or similarly closed, of steel (excluding line pipe for oil and gas pipelines, casing and tubing used for oil or gas drilling and other welded tubes and pipes)
  • Prodcom 24512000 - Tubes, pipes and hollow profiles of cast iron excluding tubes, p ipes, hollow profiles made into identifiable parts of articles, s uch as sections of central heating radiators and machinery parts

Country coverage:

  • Portugal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Portugal
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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