Tunisia: Market for Stainless Steel Seamless Pipe For Oil And Gas 2024

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

The Tunisian stainless steel seamless pipe market amounted to less than $X in 2022, approximately reflecting the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

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

In value terms, stainless steel seamless pipe production fell notably to $X in 2022 estimated in export price. In general, production, however, saw modest growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Stainless steel seamless pipe production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from Tunisia

After two years of growth, shipments abroad of stainless steel seamless pipe for oil and gas decreased by X% to X tons in 2018. Over the period under review, exports faced a sharp downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, stainless steel seamless pipe exports shrank markedly to $X in 2018. In general, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

The UK (X tons), the United Arab Emirates (X tons) and Libya (X kg) were the main destinations of stainless steel seamless pipe exports from Tunisia, together accounting for X% of total exports.

From 2012 to 2018, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the United Arab Emirates ($X) remains the key foreign market for stainless steel seamless pipe for oil and gas exports from Tunisia, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports.

From 2012 to 2018, the average annual growth rate of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Libya (X% per year).

Export Prices by Country

The average stainless steel seamless pipe export price stood at $X per ton in 2018, dropping by X% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 a decrease of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2018, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports into Tunisia

In 2022, imports of stainless steel seamless pipe for oil and gas into Tunisia skyrocketed to X tons, increasing by X% against 2021 figures. In general, imports, however, saw a sharp setback. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, stainless steel seamless pipe imports surged to $X in 2022. Overall, imports, however, continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest stainless steel seamless pipe supplier to Tunisia, accounting for a X% share of total imports. Moreover, stainless steel seamless pipe imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. The third position in this ranking was taken by Romania (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Romania (X% per year).

In value terms, China ($X) constituted the largest supplier of stainless steel seamless pipe for oil and gas to Tunisia, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Romania (X% per year).

Import Prices by Country

The average stainless steel seamless pipe import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 an increase of X%. 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 UK ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform