Report Update Apr 1, 2024

Puerto Rico - Stainless Steel Seamless Pipe for Oil and Gas - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Stainless Steel Seamless Pipe For Oil And Gas 2024

Market Size for Stainless Steel Seamless Pipe For Oil And Gas in Puerto Rico

The Puerto Rican stainless steel seamless pipe market shrank to $X in 2021, dropping by -13% against the previous year. In general, consumption faced a abrupt curtailment. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Stainless Steel Seamless Pipe For Oil And Gas in Puerto Rico

In value terms, stainless steel seamless pipe production declined to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 40%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports by Country

In 2021, China (X tons), distantly followed by Kazakhstan (X tons), South Korea (X tons), Indonesia (X tons), the United Arab Emirates (X tons), Italy (X tons), India (X tons) and the United States (X tons) represented the key exporters of stainless steel seamless pipe for oil and gas, together generating 71% of total exports. South Africa (X tons), Singapore (X tons), Oman (X tons), the Netherlands (X tons) and Bulgaria (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bulgaria (with a CAGR of +47.9%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest stainless steel seamless pipe supplier from Puerto Rico, comprising 26% of global exports. The second position in the ranking was held by the United States ($X), with a 9.6% share of global exports. It was followed by South Korea, with a 9% share.

In China, stainless steel seamless pipe exports increased at an average annual rate of +17.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-8.9% per year) and South Korea (-4.7% per year).

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports by Country

The purchases of the five major importers of stainless steel seamless pipe for oil and gas, namely South Korea, India, Indonesia, Russia and Saudi Arabia, represented more than third of total import. Qatar (X tons), Oman (X tons), Kuwait (X tons), Botswana (X tons), Italy (X tons), the United Arab Emirates (X tons), Vietnam (X tons) and Singapore (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Botswana (with a CAGR of +416.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), South Korea ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2021, together comprising 26% of total imports. These countries were followed by Saudi Arabia, Italy, Kuwait, Russia, Singapore, Qatar, Vietnam, the United Arab Emirates, Oman and Botswana, which together accounted for a further 25%.

Botswana, with a CAGR of +363.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for stainless steel seamless pipe for oil and gas in the world?

The country with the largest volume of stainless steel seamless pipe consumption was Russia, comprising approx. 48% of total volume. Moreover, stainless steel seamless pipe consumption in Russia exceeded the figures recorded by the second-largest consumer, China, fourfold. The United States ranked third in terms of total consumption with a 4.1% share.

What are the largest producers of stainless steel seamless pipe for oil and gas in the world?

Russia constituted the country with the largest volume of stainless steel seamless pipe production, accounting for 53% of total volume. Moreover, stainless steel seamless pipe production in Russia exceeded the figures recorded by the second-largest producer, China, fourfold. The third position in this ranking was held by the United States, with a 5.2% share.

What are the leading suppliers of stainless steel seamless pipe for oil and gas to Puerto Rico?

In value terms, the largest stainless steel seamless pipe importing markets into Puerto Rico were India, South Korea and Indonesia, with a combined 26% share of total imports. Saudi Arabia, Italy, Kuwait, Russia, Singapore, Qatar, Vietnam, the United Arab Emirates, Oman and Botswana lagged somewhat behind, together accounting for a further 25%.

What are the leading importers of stainless steel seamless pipe for oil and gas from Puerto Rico?

In value terms, China remains the largest stainless steel seamless pipe supplier from Puerto Rico, comprising 26% of global exports. The second position in the ranking was taken by the United States, with a 9.6% share of global exports. It was followed by South Korea, with a 9% share.

This report provides an in-depth analysis of the market for stainless steel seamless pipe in Puerto Rico. 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:

Puerto Rico

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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