Ireland: 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 Ireland

The Irish market for line pipe of steel other than stainless steel for oil or gas pipelines soared to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a tangible increase from 2012 to 2022: its value 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. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

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

Exports from Ireland

In 2022, shipments abroad of line pipe of steel other than stainless steel for oil or gas pipelines decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

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, however, enjoyed significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for exports of line pipe of steel other than stainless steel for oil or gas pipelines from Ireland, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at X%.

In value terms, the UK ($X) also remains the key foreign market for line pipe of steel other than stainless steel for oil or gas pipelines exports from Ireland.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to X%.

Export Prices by Country

In 2022, the average export price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to X% per year.

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

Imports into Ireland

In 2022, approx. X tons of line pipe of steel other than stainless steel for oil or gas pipelines were imported into Ireland; growing by X% against 2021 figures. Overall, total imports indicated a modest increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. Over the period under review, imports of reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines soared to $X in 2022. In general, total imports indicated a perceptible expansion from 2012 to 2022: its value 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. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest line pipe of steel other than stainless steel for oil or gas pipelines supplier to Ireland, accounting for a X% share of total imports. Moreover, imports of line pipe of steel other than stainless steel for oil or gas pipelines from the UK exceeded the figures recorded by the second-largest supplier, South Africa (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, the UK ($X) constituted the largest supplier of line pipe of steel other than stainless steel for oil or gas pipelines to Ireland, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

The average import price for line pipe of steel other than stainless steel for oil or gas pipelines stood at $X per ton in 2022, picking up by X% against the previous year. Overall, import price indicated a modest expansion 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, import price for line pipe of steel other than stainless steel for oil or gas pipelines increased by X% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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