CIS: Market for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines 2024

Market Size for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in CIS

The CIS market for line pipe of steel other than stainless steel for oil or gas pipelines contracted to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in CIS

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines declined to $X in 2022 estimated in export price. Overall, production, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines

Exports in CIS

In 2022, overseas shipments of line pipe of steel other than stainless steel for oil or gas pipelines increased by X% to X tons, rising for the second year in a row after four years of decline. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of line pipe of steel other than stainless steel for oil or gas pipelines skyrocketed to $X in 2022. Overall, exports continue to indicate a slight increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus was the major exporter of line pipe of steel other than stainless steel for oil or gas pipelines in the CIS, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. Russia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (X%).

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest line pipe of steel other than stainless steel for oil or gas pipelines supplying countries in the CIS were Belarus ($X), Russia ($X) and Kazakhstan ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for line pipe of steel other than stainless steel for oil or gas pipelines increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

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

Imports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines

Imports in CIS

In 2022, supplies from abroad of line pipe of steel other than stainless steel for oil or gas pipelines increased by X% to X tons, rising for the second year in a row after three years of decline. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines soared to $X in 2022. Over the period under review, imports, however, showed a noticeable decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) was the largest importer of line pipe of steel other than stainless steel for oil or gas pipelines, constituting X% of total imports. Uzbekistan (X tons) ranks second in terms of the total imports with a X% share, followed by Kazakhstan (X%) and Azerbaijan (X%).

Russia was also the fastest-growing in terms of the line pipe of steel other than stainless steel for oil or gas pipelines imports, with a CAGR of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. By contrast, Azerbaijan (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Uzbekistan increased by X and X percentage points, respectively.

In value terms, Russia ($X), Uzbekistan ($X) and Kazakhstan ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2018 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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