SADC: 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 SADC

In 2022, after three years of growth, there was significant decline in the SADC market for line pipe of steel other than stainless steel for oil or gas pipelines, when its value decreased by -12.1% to $X. Overall, consumption showed a pronounced reduction. Over the period under review, the market reached the maximum level 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 SADC

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines stood at $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by 42% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports in SADC

After four years of decline, overseas shipments of line pipe of steel other than stainless steel for oil or gas pipelines increased by 155% to X tons in 2022. In general, exports, however, showed a mild setback. Over the period under review, the exports of hit record highs at X tons in 2014; however, from 2015 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. Overall, exports, however, continue to indicate a abrupt curtailment. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tons) represented roughly 100% of total exports in 2022.

South Africa 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 -1.2% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest line pipe of steel other than stainless steel for oil or gas pipelines supplier in SADC.

In South Africa, exports of line pipe of steel other than stainless steel for oil or gas pipelines shrank by an average annual rate of -5.1% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, waning by -1.7% against the previous year. In general, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 28%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -3.9% per year.

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

Imports in SADC

In 2022, the amount of line pipe of steel other than stainless steel for oil or gas pipelines imported in SADC stood at X tons, picking up by 3.9% on the previous year's figure. In general, imports, however, recorded a slight shrinkage. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines reduced to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 159%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of line pipe of steel other than stainless steel for oil or gas pipelines, namely South Africa, Angola and Mozambique, represented more than two-thirds of total import. Democratic Republic of the Congo (X tons), Tanzania (X tons) and Zimbabwe (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of +57.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X) constitutes the largest market for imported line pipe of steel other than stainless steel for oil or gas pipelines in SADC, comprising 54% of total imports. The second position in the ranking was held by Mozambique ($X), with a 19% share of total imports. It was followed by South Africa, with an 18% share.

In Angola, imports of line pipe of steel other than stainless steel for oil or gas pipelines plunged by an average annual rate of -2.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (+74.2% per year) and South Africa (+0.8% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, falling by -15.3% against the previous year. In general, the import price, however, posted a modest increase. The growth pace was the most rapid in 2021 when the import price increased by 73% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+10.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform