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Report Lithuania - Tubes, Pipes and Hollow Profiles (Of Iron or Steel) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Lithuania - Tubes, Pipes and Hollow Profiles (Of Iron or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Lithuania: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2024

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Lithuania

In 2022, the Lithuanian market for tubes, pipes and hollow profiles (of iron or steel) increased by X% to $X, rising for the sixth year in a row after two years of decline. In general, consumption showed resilient growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Production of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Lithuania

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) skyrocketed to $X in 2022 estimated in export price. In general, production posted a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Exports from Lithuania

In 2022, overseas shipments of tubes, pipes and hollow profiles (of iron or steel) decreased by X% to X tons for the first time since 2011, thus ending a ten-year rising trend. In general, exports, however, recorded prominent growth. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) fell modestly to $X in 2022. Over the period under review, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced slightly in the following year.

Exports by Country

Sweden (X tons) was the main destination for exports of tubes, pipes and hollow profiles (of iron or steel) from Lithuania, with a X% share of total exports. Moreover, exports of tubes, pipes and hollow profiles (of iron or steel) to Sweden exceeded the volume sent to the second major destination, Latvia (X tons), twofold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Poland (X% per year).

In value terms, Sweden ($X) remains the key foreign market for tubes, pipes and hollow profiles (of iron or steel) exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports. It was followed by Estonia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Estonia (X% per year).

Export Prices by Country

In 2022, the average export price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, growing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Poland ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Imports into Lithuania

In 2022, after six years of growth, there was significant decline in overseas purchases of tubes, pipes and hollow profiles (of iron or steel), when their volume decreased by X% to X tons. Over the period under review, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) reduced to $X in 2022. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

Poland (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of imports of tubes, pipes and hollow profiles (of iron or steel) to Lithuania, together accounting for X% of total imports. Russia, Romania, Belarus, Latvia, Germany, India, Bulgaria, Kazakhstan, Spain and the Czech Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kazakhstan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Italy ($X) and Turkey ($X) were the largest iron or steel pipe and tube suppliers to Lithuania, together accounting for X% of total imports. Romania, Germany, Russia, Belarus, Latvia, Spain, India, Bulgaria, the Czech Republic and Kazakhstan lagged somewhat behind, together comprising a further X%.

Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated noticeable 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, import price for tubes, pipes and hollow profiles (of iron or steel) increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Germany ($X per ton), while the price for Russia ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest iron or steel pipe and tube consuming country worldwide, comprising approx. 19% of total volume. Moreover, consumption of tubes, pipes and hollow profiles of iron or steel) in China exceeded the figures recorded by the second-largest consumer, Russia, twofold. The United States ranked third in terms of total consumption with a 7.8% share.
The country with the largest volume of production of tubes, pipes and hollow profiles of iron or steel) was China, comprising approx. 26% of total volume. Moreover, production of tubes, pipes and hollow profiles of iron or steel) in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The third position in this ranking was taken by India, with a 6.8% share.
In value terms, the largest iron or steel pipe and tube suppliers to Lithuania were Poland, Italy and Turkey, with a combined 54% share of total imports. Romania, Germany, Russia, Belarus, Latvia, Spain, India, Bulgaria, the Czech Republic and Kazakhstan lagged somewhat behind, together comprising a further 33%.
In value terms, Sweden remains the key foreign market for tubes, pipes and hollow profiles of iron or steel) exports from Lithuania, comprising 38% of total exports. The second position in the ranking was taken by Latvia, with a 17% share of total exports. It was followed by Estonia, with an 8.2% share.
In 2022, the average export price for tubes, pipes and hollow profiles of iron or steel) amounted to $1,921 per ton, surging by 9.6% against the previous year.
In 2022, the average import price for tubes, pipes and hollow profiles of iron or steel) amounted to $1,529 per ton, surging by 14% against the previous year.

This report provides an in-depth analysis of the market for iron or steel pipe and tube in Lithuania. 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
  • Prodcom 24201150 - Line pipe, of a kind used for oil or gas pipelines, seamless, of steel other than stainless steel
  • Prodcom 24201210 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of stainless steel
  • Prodcom 24201250 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of steel other than stainless steel
  • Prodcom 24201310 - Tubes and pipes, of circular cross-section, seamless, of stainless steel (excluding line pipe of a kind used for oil or gas pipelines and casing, tubing and drill pipe used for oil or gas drilling)
  • Prodcom 24201330 - Precision tubes and pipes, of circular cross-section, colddrawn or cold-rolled, seamless, of steel other than stainless steel
  • Prodcom 24201350 - Tubes and pipes, of circular cross-section, cold-drawn or coldrolled, s eamless, of steel other than stainless steel (excluding precision tubes and pipes)
  • Prodcom 24201370 - Tubes and pipes, of circular cross-section, hot-finished, s eamless, of steel other than stainless steel (excluding line pipe of a kind used for oil or gas pipelines and casing, tubing and drill-pipe used for oil or gas drilling)
  • Prodcom 24201400 - Tubes and pipes, of non-circular cross-section, seamless, a nd hollow profiles, seamless, of steel
  • Prodcom 24202110 - Line pipe, of a kind used for oil or gas pipelines, longitudinally welded, of an external diameter > .406,4 mm, of steel
  • Prodcom 24202150 - Line pipe, of a kind used for oil or gas pipelines, other than longitudinally welded, of an external diameter > .406,4 mm, of steel
  • Prodcom 24202200 - Casing, of a kind used in drilling for oil or gas, welded, of an external diameter > .406,4 mm, of steel
  • Prodcom 24202300 - Tubes and pipes, welded, of an external diameter > .406,4 mm, of steel (excluding line pipe of a kind used for oil or gas pipelines and casing used for oil or gas drilling)
  • Prodcom 24202400 - Tubes and pipes, riveted or similarly closed, of an external diameter > .406,4 mm, of steel (excluding line pipe for oil and gas pipelines, casing used for oil or gas drilling and welded tubes and pipes)
  • Prodcom 24203110 - Line pipe, of a kind used for oil or gas pipelines, longitudinally or spirally welded, of an external diameter . .406,4 mm, of stainless steel
  • Prodcom 24203150 - Line pipe, of a kind used for oil or gas pipelines, longitudinally or spirally welded, of an external diameter . .406,4 mm, of steel other than stainless steel
  • Prodcom 24203210 - Casing and tubing, of a kind used in drilling for oil or gas, w elded, of an external diameter . .406,4 mm, of stainless steel
  • Prodcom 24203250 - Casing and tubing, of a kind used in drilling for oil or gas, w elded, of an external diameter . .406,4 mm, of steel other than stainless steel
  • Prodcom 24203310 - Tubes and pipes, of circular cross-section, welded, of an external diameter . .406,4 mm, of stainless steel (excluding line pipe of a kind used for oil or gas pipelines, and casing and tubing used for oil or gas drilling)
  • Prodcom 24203340 - Precision tubes and pipes, of circular cross-section, welded, o f an external diameter . .406,4 mm, of steel other than stainless steel
  • Prodcom 24203370 - Tubes and pipes, of circular cross-section, hot- or coldformed and welded, of an external diameter . .406,4 mm, of steel other than stainless steel
  • Prodcom 24203410 - Tubes and pipes, of non-circular cross-section, hot- or coldformed and welded, of stainless steel
  • Prodcom 24203430 - Tubes and pipes, of square or rectangular cross-section, of a wall thickness . 2 mm, hotor cold-formed and welded, of steel other than stainless steel
  • Prodcom 24203450 - Tubes and pipes, of square or rectangular cross-section, of a wall thickness > 2 mm, hot-or cold-formed and welded, of steel other than stainless steel
  • Prodcom 24203470 - Tubes and pipes, of other non-circular cross-section than square or rectangular, hot- or cold-formed and welded, of steel other than stainless steel
  • Prodcom 24203500 - Tubes and pipes, open seam, riveted or similarly closed, of steel (excluding line pipe for oil and gas pipelines, casing and tubing used for oil or gas drilling and other welded tubes and pipes)
  • Prodcom 24512000 - Tubes, pipes and hollow profiles of cast iron excluding tubes, p ipes, hollow profiles made into identifiable parts of articles, s uch as sections of central heating radiators and machinery parts

Country coverage:

  • Lithuania

Data coverage:

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