France: Market for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel 2024

Market Size for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel in France

In 2022, the French market for seamless casing, tubing and drill oil or gas pipes of stainless steel increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate a buoyant increase. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel in France

In value terms, production of seamless casing, tubing and drill oil or gas pipes of stainless steel rose modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel

Exports from France

In 2022, shipments abroad of seamless casing, tubing and drill oil or gas pipes of stainless steel decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel reduced dramatically to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Iraq (X tons) was the main destination for exports of seamless casing, tubing and drill oil or gas pipes of stainless steel from France, with a X% share of total exports. Moreover, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel to Iraq exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. The third position in this ranking was taken by Angola (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Angola (X% per year).

In value terms, the United Arab Emirates ($X), Iraq ($X) and Bahrain ($X) were the largest markets for seamless casing, tubing and drill oil or gas pipe of stainless steel exported from France worldwide, with a combined X% share of total exports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for seamless casing, tubing and drill oil or gas pipes of stainless steel amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Nigeria ($X 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 Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel

Imports into France

In 2022, supplies from abroad of seamless casing, tubing and drill oil or gas pipes of stainless steel decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seamless casing, tubing and drill oil or gas pipes of stainless steel rose rapidly to $X in 2022. Overall, imports recorded a noticeable downturn. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) was the main seamless casing, tubing and drill oil or gas pipe of stainless steel supplier to France, accounting for a X% share of total imports. Moreover, imports of seamless casing, tubing and drill oil or gas pipes of stainless steel from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Sweden (X% per year).

In value terms, Germany ($X) constituted the largest supplier of seamless casing, tubing and drill oil or gas pipes of stainless steel to France, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Sweden (X% per year).

Import Prices by Country

The average import price for seamless casing, tubing and drill oil or gas pipes of stainless steel stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated moderate 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. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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