South Africa - Stainless Steel Seamless Pipe For Oil And Gas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Stainless Steel Seamless Pipe in South Africa - 2023
Contents:
- Price for Stainless Steel Seamless Pipe in South Africa (FOB) - 2023
- Price for Stainless Steel Seamless Pipe in South Africa (CIF) - 2022
- Exports of Stainless Steel Seamless Pipe in South Africa
- Imports of Stainless Steel Seamless Pipe in South Africa
Price for Stainless Steel Seamless Pipe in South Africa (FOB) - 2023
The average stainless steel seamless pipe export price stood at $14,458 per ton in July 2023, rising by 270% against the previous month. In general, the export price posted a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Namibia ($18,010 per ton), while the average price for exports to Botswana ($1,397 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+16.1%), while the prices for the other major destinations experienced a decline.
Price for Stainless Steel Seamless Pipe in South Africa (CIF) - 2022
In 2022, the average stainless steel seamless pipe import price amounted to $8,043 per ton, increasing by 27% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 77%. The import price peaked at $9,598 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($49,004 per ton), while the price for Taiwan (Chinese) ($5,821 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Stainless Steel Seamless Pipe in South Africa
In 2022, after three years of growth, there was significant decline in overseas shipments of stainless steel seamless pipe for oil and gas, when their volume decreased by -8.7% to 2.6K tons. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 275%. As a result, the exports reached the peak of 2.9K tons, and then declined in the following year.
In value terms, stainless steel seamless pipe exports fell rapidly to $7.8M in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 218%. As a result, the exports reached the peak of $9.4M, and then declined notably in the following year.
| Export of Stainless Steel Seamless Pipe in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 725 | 284 | 1,159 | 1,763 | 34.5% |
| Botswana | 133 | 228 | 5,789 | 1,552 | 126.8% |
| Zimbabwe | 46.3 | 26.6 | 129 | 1,382 | 210.2% |
| Zambia | 440 | 80.0 | 146 | 582 | 9.8% |
| Swaziland | 59.0 | 43.4 | 229 | 448 | 96.6% |
| Namibia | 83.4 | 121 | 158 | 408 | 69.8% |
| Mauritania | N/A | 0.1 | N/A | 237 | 4768.3% |
| Others | 242 | 2,157 | 1,746 | 1,475 | 82.7% |
| Total | 1,730 | 2,939 | 9,356 | 7,847 | 65.5% |
Top Export Markets for Stainless Steel Seamless Pipe from South Africa in 2022:
- Botswana (651.7 tons)
- Zimbabwe (633.0 tons)
- Democratic Republic of the Congo (479.2 tons)
- Namibia (156.0 tons)
- Swaziland (136.5 tons)
- Zambia (133.7 tons)
- Mauritania (62.7 tons)
Imports of Stainless Steel Seamless Pipe in South Africa
Stainless steel seamless pipe imports into South Africa surged to 334 tons in 2022, with an increase of 115% on the previous year. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, stainless steel seamless pipe imports surged to $2.7M in 2022. Overall, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel Seamless Pipe in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 597 | 271 | 481 | 1,786 | 44.1% |
| Italy | 8.5 | 0.7 | 0.5 | 362 | 249.2% |
| India | 56.3 | 157 | 10.4 | 191 | 50.3% |
| Germany | 18.5 | 1.5 | 12.5 | 116 | 84.4% |
| Taiwan (Chinese) | 1.7 | N/A | N/A | 62.4 | 232.3% |
| Denmark | 377 | 14.3 | 5.7 | 5.1 | -76.2% |
| Slovakia | N/A | N/A | 129 | N/A | 0% |
| Indonesia | 303 | N/A | N/A | N/A | 0% |
| Others | 348 | 294 | 347 | 165 | -22.0% |
| Total | 1,711 | 739 | 985 | 2,688 | 16.3% |
Top Suppliers of Stainless Steel Seamless Pipe to South Africa in 2022:
- Denmark (undefined tons)
- China (264.6 tons)
- Germany (12.6 tons)
- Italy (11.4 tons)
- Taiwan (Chinese) (10.7 tons)
- India (10.5 tons)
This report provides an in-depth analysis of the market for stainless steel seamless pipe in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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