Tunisia: Market for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines 2024

Market Size for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in Tunisia

The Tunisian market for line pipe of steel other than stainless steel for oil or gas pipelines declined to $X in 2022, which is down by -10.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

Exports from Tunisia

In 2022, shipments abroad of line pipe of steel other than stainless steel for oil or gas pipelines decreased by -5.5% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 909% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of line pipe of steel other than stainless steel for oil or gas pipelines fell to $X in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2016 with an increase of 942% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Algeria (X tons) was the main destination for exports of line pipe of steel other than stainless steel for oil or gas pipelines from Tunisia, with a 73% share of total exports. Moreover, exports of line pipe of steel other than stainless steel for oil or gas pipelines to Algeria exceeded the volume sent to the second major destination, France (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Algeria amounted to +111.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+106.9% per year) and Libya (+20.9% per year).

In value terms, Algeria ($X) remains the key foreign market for line pipe of steel other than stainless steel for oil or gas pipelines exports from Tunisia, comprising 81% of total exports. The second position in the ranking was taken by Libya ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Algeria amounted to +114.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+28.1% per year) and France (+101.7% per year).

Export Prices by Country

In 2022, the average export price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, dropping by -7% against the previous year. Overall, the export price, however, continues to indicate temperate growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 127% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($X per ton), while the average price for exports to France ($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 Libya (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Tunisia

In 2022, approx. X tons of line pipe of steel other than stainless steel for oil or gas pipelines were imported into Tunisia; waning by -6.5% against 2021 figures. Over the period under review, imports showed a deep setback. The growth pace was the most rapid in 2018 with an increase of 205%. Imports peaked at X tons in 2012; however, from 2013 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 shrank to $X in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 295% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest line pipe of steel other than stainless steel for oil or gas pipelines supplier to Tunisia, with a 66% share of total imports. Moreover, imports of line pipe of steel other than stainless steel for oil or gas pipelines from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Romania (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-9.2% per year) and Romania (-1.9% per year).

In value terms, the largest line pipe of steel other than stainless steel for oil or gas pipelines suppliers to Tunisia were China ($X), South Korea ($X) and Italy ($X), together comprising 73% of total imports.

South Korea, with a CAGR of +29.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, declining by -4.7% against the previous year. Over the period under review, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2018 an increase of 29% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 United States ($X per ton), while the price for China ($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 United States (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform