Romania: 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 Romania

In 2022, the Romanian market for line pipe of steel other than stainless steel for oil or gas pipelines increased by 7.1% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a deep downturn. Over the period under review, the market reached 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 Romania

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines surged to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the production volume increased by 49%. Over the period under review, production of reached the peak 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 Romania

In 2022, shipments abroad of line pipe of steel other than stainless steel for oil or gas pipelines increased by 42% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, saw a slight downturn. Over the period under review, the exports of attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

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 enjoyed a mild increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of exports of line pipe of steel other than stainless steel for oil or gas pipelines from Romania, together accounting for 68% of total exports. Mexico, Greece, Spain, Canada, Israel, France, the UK and the United Arab Emirates lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of +99.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Italy ($X) and the Netherlands ($X) were the largest markets for line pipe of steel other than stainless steel for oil or gas pipelines exported from Romania worldwide, with a combined 68% share of total exports. Mexico, Greece, Spain, Canada, Israel, France, the UK and the United Arab Emirates lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Israel, with a CAGR of +141.9%, saw the highest growth rate of 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

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, surging by 47% against the previous year. In general, export price indicated a tangible 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. Based on 2022 figures, export price for line pipe of steel other than stainless steel for oil or gas pipelines increased by +85.3% against 2020 indices. 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 overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Israel ($X per ton) and Canada ($X per ton), while the average price for exports to Mexico ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+21.2%), 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 Romania

For the third consecutive year, Romania recorded growth in supplies from abroad of line pipe of steel other than stainless steel for oil or gas pipelines, which increased by 88% to X tons in 2022. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 117% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines soared to $X in 2022. In general, imports enjoyed a strong increase. The growth pace was the most rapid in 2013 when imports increased by 170% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest supplier of line pipe of steel other than stainless steel for oil or gas pipelines to Romania, with a 44% share of total imports. Moreover, imports of line pipe of steel other than stainless steel for oil or gas pipelines from Ukraine exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. China (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume from Ukraine amounted to +49.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (0.0% per year) and China (+10.0% per year).

In value terms, Ukraine ($X), Thailand ($X) and Brazil ($X) constituted the largest line pipe of steel other than stainless steel for oil or gas pipelines suppliers to Romania, with a combined 59% share of total imports.

Among the main suppliers, Brazil, with a CAGR of +218.2%, 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

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, with a decrease of -5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 25% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform