World - Tubes, Pipes and Hollow Profiles (Of Iron or Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOverview of the Global Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)
Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)
The global market for tubes, pipes and hollow profiles (of iron or steel) expanded significantly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Over the period under review, the global market attained the maximum level in 2022 and is likely to see gradual growth in the immediate term.
Production of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)
In value terms, production of tubes, pipes and hollow profiles (of iron or steel) declined slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, global production of attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.
Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)
Exports
In 2022, overseas shipments of tubes, pipes and hollow profiles (of iron or steel) increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. The global exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports by Country
In 2022, China (X tons) was the major exporter of tubes, pipes and hollow profiles (of iron or steel), making up X% of total exports. Italy (X tons) took the second position in the ranking, followed by Turkey (X tons), Germany (X tons) and South Korea (X tons). All these countries together held approx. X% share of total exports. Russia (X tons), India (X tons), Japan (X tons), Mexico (X tons), the United Arab Emirates (X tons), the United States (X tons), Spain (X tons) and Canada (X tons) held a minor share of total exports.
China experienced a relatively flat trend pattern with regard to volume of exports of tubes, pipes and hollow profiles (of iron or steel). At the same time, the United Arab Emirates (X%), Spain (X%), Turkey (X%) and Mexico (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Russia and Italy experienced a relatively flat trend pattern. By contrast, Canada (X%), South Korea (X%), India (X%), Germany (X%), the United States (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the United Arab Emirates and Turkey increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest iron or steel pipe and tube supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Italy ($X), with a X% share of global exports. It was followed by Germany, with a X% share.
In China, exports of tubes, pipes and hollow profiles (of iron or steel) increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and Germany (X% per year).
Export Prices by Country
In 2022, the average export price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Russia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other global leaders experienced more modest paces of growth.
Imports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)
Imports
In 2022, purchases abroad of tubes, pipes and hollow profiles (of iron or steel) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Global imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.
In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2022. Overall, imports, however, showed a mild curtailment. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, the United States (X tons), distantly followed by Germany (X tons), Kuwait (X tons) and Canada (X tons) were the main importers of tubes, pipes and hollow profiles (of iron or steel), together achieving X% of total imports. France (X tons), the United Arab Emirates (X tons), Poland (X tons), Italy (X tons), the Netherlands (X tons), Indonesia (X tons), Australia (X tons), the UK (X tons) and Thailand (X tons) took a minor share of total imports.
From 2012 to 2022, average annual rates of growth with regard to iron or steel pipe and tube imports into the United States stood at X%. At the same time, Kuwait (X%) and Poland (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Italy, Germany, Thailand and France experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), Canada (X%), the UK (X%), Australia (X%), the United Arab Emirates (X%) and Indonesia (X%) illustrated a downward trend over the same period. Kuwait (X p.p.) significantly strengthened its position in terms of the global imports, while the United States saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported tubes, pipes and hollow profiles (of iron or steel) worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by Canada, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Canada (X% per year).
Import Prices by Country
In 2022, the average import price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, increasing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the UK ($X per ton) and Indonesia ($X per ton), while Kuwait ($X per ton) and France ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global market for iron or steel pipe and tube. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless steel
- Prodcom 24201150 - Line pipe, of a kind used for oil or gas pipelines, seamless, of steel other than stainless steel
- Prodcom 24201210 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of stainless steel
- Prodcom 24201250 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of steel other than stainless steel
- Prodcom 24201310 - Tubes and pipes, of circular cross-section, seamless, of stainless steel (excluding line pipe of a kind used for oil or gas pipelines and casing, tubing and drill pipe used for oil or gas drilling)
- Prodcom 24201330 - Precision tubes and pipes, of circular cross-section, colddrawn or cold-rolled, seamless, of steel other than stainless steel
- Prodcom 24201350 - Tubes and pipes, of circular cross-section, cold-drawn or coldrolled, s eamless, of steel other than stainless steel (excluding precision tubes and pipes)
- Prodcom 24201370 - Tubes and pipes, of circular cross-section, hot-finished, s eamless, of steel other than stainless steel (excluding line pipe of a kind used for oil or gas pipelines and casing, tubing and drill-pipe used for oil or gas drilling)
- Prodcom 24201400 - Tubes and pipes, of non-circular cross-section, seamless, a nd hollow profiles, seamless, of steel
- Prodcom 24202110 - Line pipe, of a kind used for oil or gas pipelines, longitudinally welded, of an external diameter > .406,4 mm, of steel
- Prodcom 24202150 - Line pipe, of a kind used for oil or gas pipelines, other than longitudinally welded, of an external diameter > .406,4 mm, of steel
- Prodcom 24202200 - Casing, of a kind used in drilling for oil or gas, welded, of an external diameter > .406,4 mm, of steel
- Prodcom 24202300 - Tubes and pipes, welded, of an external diameter > .406,4 mm, of steel (excluding line pipe of a kind used for oil or gas pipelines and casing used for oil or gas drilling)
- Prodcom 24202400 - Tubes and pipes, riveted or similarly closed, of an external diameter > .406,4 mm, of steel (excluding line pipe for oil and gas pipelines, casing used for oil or gas drilling and welded tubes and pipes)
- Prodcom 24203110 - Line pipe, of a kind used for oil or gas pipelines, longitudinally or spirally welded, of an external diameter . .406,4 mm, of stainless steel
- Prodcom 24203150 - Line pipe, of a kind used for oil or gas pipelines, longitudinally or spirally welded, of an external diameter . .406,4 mm, of steel other than stainless steel
- Prodcom 24203210 - Casing and tubing, of a kind used in drilling for oil or gas, w elded, of an external diameter . .406,4 mm, of stainless steel
- Prodcom 24203250 - Casing and tubing, of a kind used in drilling for oil or gas, w elded, of an external diameter . .406,4 mm, of steel other than stainless steel
- Prodcom 24203310 - Tubes and pipes, of circular cross-section, welded, of an external diameter . .406,4 mm, of stainless steel (excluding line pipe of a kind used for oil or gas pipelines, and casing and tubing used for oil or gas drilling)
- Prodcom 24203340 - Precision tubes and pipes, of circular cross-section, welded, o f an external diameter . .406,4 mm, of steel other than stainless steel
- Prodcom 24203370 - Tubes and pipes, of circular cross-section, hot- or coldformed and welded, of an external diameter . .406,4 mm, of steel other than stainless steel
- Prodcom 24203410 - Tubes and pipes, of non-circular cross-section, hot- or coldformed and welded, of stainless steel
- Prodcom 24203430 - Tubes and pipes, of square or rectangular cross-section, of a wall thickness . 2 mm, hotor cold-formed and welded, of steel other than stainless steel
- Prodcom 24203450 - Tubes and pipes, of square or rectangular cross-section, of a wall thickness > 2 mm, hot-or cold-formed and welded, of steel other than stainless steel
- Prodcom 24203470 - Tubes and pipes, of other non-circular cross-section than square or rectangular, hot- or cold-formed and welded, of steel other than stainless steel
- Prodcom 24203500 - Tubes and pipes, open seam, riveted or similarly closed, of steel (excluding line pipe for oil and gas pipelines, casing and tubing used for oil or gas drilling and other welded tubes and pipes)
- Prodcom 24512000 - Tubes, pipes and hollow profiles of cast iron excluding tubes, p ipes, hollow profiles made into identifiable parts of articles, s uch as sections of central heating radiators and machinery parts
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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