Sweden: Market for Stainless Steel Seamless Pipe For Oil And Gas 2025

Market Size for Stainless Steel Seamless Pipe For Oil And Gas in Sweden

The Swedish stainless steel seamless pipe market dropped modestly to $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption, however, recorded a prominent increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped modestly in the following year.

Production of Stainless Steel Seamless Pipe For Oil And Gas in Sweden

In value terms, stainless steel seamless pipe production fell to $X in 2022 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from Sweden

In 2022, shipments abroad of stainless steel seamless pipe for oil and gas was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous decline. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, stainless steel seamless pipe exports soared to $X in 2022. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for stainless steel seamless pipe exports from Sweden, with a X% share of total exports. Moreover, stainless steel seamless pipe exports to Norway exceeded the volume sent to the second major destination, Australia (X tons), sixfold. The third position in this ranking was held by China (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and China (X% per year).

In value terms, Norway ($X), China ($X) and Brazil ($X) constituted the largest markets for stainless steel seamless pipe exported from Sweden worldwide, together comprising X% of total exports.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average stainless steel seamless pipe export price amounted to $X per ton, growing by X% against the previous year. In general, the export price saw a prominent expansion. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports into Sweden

In 2022, overseas purchases of stainless steel seamless pipe for oil and gas increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, stainless steel seamless pipe imports skyrocketed to $X in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Poland (X tons) constituted the largest stainless steel seamless pipe supplier to Sweden, accounting for a X% share of total imports. Moreover, stainless steel seamless pipe imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

In value terms, Poland ($X) constituted the largest supplier of stainless steel seamless pipe for oil and gas to Sweden, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average stainless steel seamless pipe import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Norway ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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