Portugal - Stainless Steel Seamless Pipe For Oil And Gas - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Portugal - Stainless Steel Seamless Pipe For Oil And Gas - Market Analysis, Forecast, Size, Trends And Insights

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Price for Stainless Steel Seamless Pipe in Portugal - 2023

Contents:

  1. Price for Stainless Steel Seamless Pipe in Portugal (CIF) - 2023
  2. Price for Stainless Steel Seamless Pipe in Portugal (FOB) - 2022
  3. Imports of Stainless Steel Seamless Pipe in Portugal
  4. Exports of Stainless Steel Seamless Pipe in Portugal

Price for Stainless Steel Seamless Pipe in Portugal (CIF) - 2023

The average stainless steel seamless pipe import price stood at $6,674 per ton in July 2023, shrinking by -24.6% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 827% against the previous month. Over the period under review, average import prices hit record highs at $24,669 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($35,876 per ton), while the price for Italy ($3,727 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Stainless Steel Seamless Pipe in Portugal (FOB) - 2022

In 2022, the average stainless steel seamless pipe export price amounted to $9,849 per ton, picking up by 61% against the previous year. Overall, the export price enjoyed a prominent increase. The growth pace was the most rapid in 2015 when the average export price increased by 93%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($14,028 per ton), while the average price for exports to Cameroon ($2,262 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 Morocco (+47.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel Seamless Pipe in Portugal

In 2022, approx. 826 tons of stainless steel seamless pipe for oil and gas were imported into Portugal; rising by 22% on 2021. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel seamless pipe imports skyrocketed to $2.8M in 2022. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Stainless Steel Seamless Pipe in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,5937916001,250-7.8%
Italy844738799778-2.7%
Germany6.436.66.9403297.8%
Netherlands38.052.158925789.1%
Others22413656.975.9-30.3%
Total2,7051,7542,0532,7650.7%

Top Suppliers of Stainless Steel Seamless Pipe to Portugal in 2022:

  1. Spain (454.2 tons)
  2. Italy (229.1 tons)
  3. Netherlands (99.0 tons)
  4. Germany (38.1 tons)

Exports of Stainless Steel Seamless Pipe in Portugal

In 2022, overseas shipments of stainless steel seamless pipe for oil and gas decreased by -63% to 22 tons, falling for the second year in a row after two years of growth. Overall, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 379% against the previous year. As a result, the exports reached the peak of 283 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, stainless steel seamless pipe exports dropped remarkably to $217K in 2022. In general, exports saw a slight reduction. The pace of growth appeared the most rapid in 2020 with an increase of 748% against the previous year. As a result, the exports attained the peak of $1.9M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Stainless Steel Seamless Pipe in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cabo Verde1.913.34.9108284.5%
Angola91.337999.366.0-10.3%
Guinea-BissauN/A1.5N/A8.7140.8%
CameroonN/AN/AN/A2.30%
France2.04470.81.3-13.4%
Spain92.835.940.80.7-80.4%
SwitzerlandN/A98113.3N/A-98.6%
Mozambique1.91.963.0N/A475.8%
MoroccoN/AN/A93.1N/A0%
Others35.048.748.929.5-5.5%
Total2251,908364217-1.2%

Top Export Markets for Stainless Steel Seamless Pipe from Portugal in 2022:

  1. France (undefined tons)
  2. Switzerland (undefined tons)
  3. Angola (11.6 tons)
  4. Cabo Verde (7.7 tons)
  5. Guinea-Bissau (1.0 tons)
  6. Cameroon (1.0 tons)
  7. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for stainless steel seamless pipe in Portugal. 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

Country coverage:

  • Portugal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Portugal
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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