World - Tube Or Pipe Fittings (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
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Iron or steel tube fitting market: download new datasets featured by an Ai-driven market research tool. Information cover production, exports, imports, market size, market prices, consumption, companies, and trade. Here is a breakdown by region, including Russia, the U.K., the U.S., Latin America, EU, China, Africa, and the Middle East. Market trends and forecast to 2030 are also provided in the reports.
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Iron or Steel Tube Fitting - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Japan |
| 2 | China |
| 3 | United States |
| 4 | India |
| 5 | Germany |
In value terms, the largest iron or steel tube fitting markets worldwide were Japan, China and the United States, with a combined 40% share of the global market. These countries were followed by India, Germany, Mexico, Indonesia, Italy, Russia, South Korea and Turkey, which together accounted for a further 24%.
Turkey recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while iron or steel tube fitting market for the other global leaders experienced more modest paces of growth.
Iron or Steel Tube Fitting Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| China | 2818 | 2828 | 2832 | 0.2% |
| India | 3144 | 3472 | 3336 | 3.0% |
| United Arab Emirates | 3636 | 4050 | 3912 | 3.7% |
| Thailand | 4235 | 4233 | 4709 | 5.4% |
| Spain | 4317 | 4592 | 5686 | 14.8% |
| Poland | 5730 | 5888 | 6327 | 5.1% |
| South Korea | 6241 | 5724 | 6369 | 1.0% |
| Italy | 6205 | 6585 | 6924 | 5.6% |
| Netherlands | 9132 | 9552 | 10587 | 7.7% |
| Germany | 12081 | 12502 | 13126 | 4.2% |
| United States | 13875 | 15125 | 15070 | 4.2% |
| Average | 5104 | 5187 | 5368 | 2.6% |
Prices varied noticeably by the country of origin; the country with the highest price was the United States ($15,070 per ton), while China ($2,832 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Netherlands | 6683 | 6533 | 7906 | 8.8% |
| Germany | 6941 | 7356 | 7515 | 4.1% |
| Mexico | 6635 | 6876 | 6834 | 1.5% |
| United Kingdom | 6360 | 6150 | 6643 | 2.2% |
| France | 6888 | 6774 | 6632 | -1.9% |
| Canada | 5493 | 5825 | 6251 | 6.7% |
| Saudi Arabia | 5584 | 6251 | 6102 | 4.5% |
| Japan | 5396 | 5507 | 5982 | 5.3% |
| Singapore | 3765 | 4096 | 4751 | 12.3% |
| Russia | 4017 | 4093 | 4540 | 6.3% |
| United Arab Emirates | 4063 | 3889 | 4414 | 4.2% |
| South Korea | 3407 | 3470 | 3719 | 4.5% |
| United States | 3841 | 4068 | 3381 | -6.2% |
| Average | 5121 | 5259 | 5503 | 3.7% |
Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($7,906 per ton), while the United States ($3,381 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.
Iron or Steel Tube Fitting - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 2.9 | 2.7 | 1.4 | -29.9% |
| Germany | 1.3 | 1.3 | 1.2 | -5.1% |
| Japan | 0.8 | 0.8 | 0.7 | -9.8% |
| Canada | 0.9 | 0.8 | 0.6 | -13.9% |
| Netherlands | 0.6 | 0.5 | 0.6 | 2.2% |
In value terms, the United States ($1.4B), Germany ($1.2B) and Japan ($660M) were the countries with the highest levels of imports in 2020, with a combined 19% share of global imports. These countries were followed by Canada, the Netherlands, France, the United Arab Emirates, Mexico, Saudi Arabia, the UK, South Korea, Singapore and Russia, which together accounted for a further 28%.
The United Arab Emirates recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Iron or Steel Tube Fitting - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 4.9 | 4.8 | 4.2 | -7.8% |
| Italy | 1.9 | 1.8 | 1.6 | -8.4% |
| Germany | 1.8 | 1.7 | 1.6 | -6.7% |
| United States | 1.7 | 1.6 | 1.4 | -9.4% |
| South Korea | 1 | 1 | 0.8 | -8.3% |
In value terms, China ($4.2B) remains the largest iron or steel tube fitting supplier worldwide, comprising 25% of global exports. The second position in the ranking was occupied by Italy ($1.6B), with a 9.5% share of global exports. It was followed by Germany, with a 9.5% share.
In China, iron or steel tube fitting exports decreased by an average annual rate of -7.8% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-8.4% per year) and Germany (-6.7% per year).
Iron or Steel Tube Fitting - Market Forecast
Driven by rising demand for iron or steel tube fitting worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Iron or Steel Tube Fitting - Top Companies
Panjin kangdao Precision Casting Industry Co., Ltd., GATIC PTY LIMITED, CREVET PTY LTD, CREVET PIPELINES PTY LTD, ICDAS CELIK ENERJI TERSANE VE ULASIM SANAYI ANONIM SIRKETI, KURIMOTO, LTD., Swagelok Company, Botou Shunlong Foundry Co.,Ltd., Grede Holdings, LLC, Victaulic Company, Nibco Inc., SAINT GOBAIN PAM, Fritz Winter Eisengießerei GmbH & Co. KG, United States Pipe and Foundry Company LLC, SAGINOMIYA SEISAKUSHO,INC., GF Casting Solutions Mettmann GmbH, KSM Castings Group GmbH, SN SEIXAL - SIDERURGIA NACIONAL, S.A., Grede Foundries, Inc., Gebauer & Griller Kabelwerke Gesellschaft m.b.H.
Iron or Steel Tube Fitting - Product Coverage
- HS 730711 - Cast iron; cast fittings, of non-malleable cast iron
- HS 730719 - Iron or steel; cast fittings, other than of non-malleable cast iron
- HS 730721 - Steel, stainless; tube or pipe fittings, flanges, of stainless steel
- HS 730722 - Steel, stainless; tube or pipe fittings, threaded elbows, bends and sleeves
- HS 730723 - Steel, stainless; tube or pipe fittings, butt welding fittings
- HS 730729 - Steel, stainless; tube or pipe fittings, n.e.s. in item no. 7307.2
- HS 730791 - Iron or steel; tube or pipe fittings, flanges, other than stainless steel
- HS 730792 - Iron or steel; tube or pipe fittings, threaded elbows, bends and sleeves, other than stainless steel
- HS 730793 - Iron or steel; tube or pipe fittings, butt welding fittings, other than stainless steel
- HS 730799 - Iron or steel; tube or pipe fittings, n.e.s. in item no. 7307.9, other than stainless steel
This report provides an in-depth analysis of the global market for iron or steel tube fitting. 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 24204010 - Flanges, of steel (excluding cast fittings)
- Prodcom 24204030 - Elbows, bends, couplings, sleeves and other threaded tube or pipe fittings, of steel (excluding cast fittings)
- Prodcom 24204050 - Elbows, bends, couplings and sleeves and other socket welding tube or pipe fittings, of steel (excluding cast fittings)
- Prodcom 24204073 - Butt welding elbows and bends, for tubes or pipes, of steel (excluding cast fittings)
- Prodcom 24204075 - Butt welding tube or pipe fittings, other than elbows and bends, of steel (excluding cast fittings)
- Prodcom 24513030 - Tube or pipe fittings, of non-malleable cast iron
- Prodcom 24513050 - Tube or pipe fittings of malleable cast iron
- Prodcom 24523000 - Tube or pipe fittings of cast steel
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
Company coverage:
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
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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Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
1382
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1019
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
1212
In 2014, the U.S. (X%), and distantly Canada (X%), Germany (X%) and Japan (X%) were the leading destinations of steel tube fittings imports, together making up X% of global imports in physical terms. The share of the U.S. increased, while t
