South-Eastern Asia: 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 South-Eastern Asia

The Southeast Asian market for line pipe of steel other than stainless steel for oil or gas pipelines dropped to $X in 2022, with a decrease of -2.7% against the previous year. Overall, consumption recorded a abrupt downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in South-Eastern Asia

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines declined significantly to $X in 2022 estimated in export price. Overall, production saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by 48%. The level of production peaked at $X in 2013; however, from 2014 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 South-Eastern Asia

In 2022, the amount of line pipe of steel other than stainless steel for oil or gas pipelines exported in South-Eastern Asia reduced notably to X tons, falling by -31.9% against the year before. Overall, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 116%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 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 contracted significantly to $X in 2022. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 101%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Singapore (X tons), Malaysia (X tons), Indonesia (X tons) and Thailand (X tons) represented the major exporter of line pipe of steel other than stainless steel for oil or gas pipelines in South-Eastern Asia, making up 97% of total export. Vietnam (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Thailand (with a CAGR of +4.0%), while the other leaders experienced a decline in the exports figures.

In value terms, Singapore ($X), Malaysia ($X) and Indonesia ($X) constituted the countries with the highest levels of exports in 2022, with a combined 86% share of total exports. Thailand and Vietnam lagged somewhat behind, together accounting for a further 14%.

Thailand, with a CAGR of +6.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, increasing by 11% against the previous year. Export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the export price increased by 43%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.2%), while the other leaders experienced more modest paces of growth.

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

Imports in South-Eastern Asia

Imports of line pipe of steel other than stainless steel for oil or gas pipelines shrank to X tons in 2022, which is down by -7% compared with the previous year's figure. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 21%. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines reduced modestly to $X in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by 31% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X tons), Malaysia (X tons), Indonesia (X tons), Vietnam (X tons), Singapore (X tons) and the Philippines (X tons) represented roughly 95% of total imports in 2022. Cambodia (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cambodia (with a CAGR of +70.6%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Thailand ($X), Malaysia ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2022, with a combined 60% share of total imports. Singapore, Vietnam, the Philippines and Cambodia lagged somewhat behind, together comprising a further 38%.

Cambodia, with a CAGR of +65.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with an increase of 3.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the import price increased by 12%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+10.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform