Overview of the Global Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

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

The revenue of the market for tubes, pipes and hollow profiles (of iron or steel) worldwide amounted to $X in 2018, rising by X% against the previous year. Over the period under review, consumption of tubes, pipes and hollow profiles (of iron or steel) continues to indicate a slight drop. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. The global consumption of tubes, pipes and hollow profiles (of iron or steel) peaked at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

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

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) stood at $X in 2018 estimated in export prices. Over the period under review, production of tubes, pipes and hollow profiles (of iron or steel) continues to indicate a significant deduction. The most prominent rate of growth was recorded in 2017 when production volume increased by X% against the previous year. Over the period under review, global production of tubes, pipes and hollow profiles (of iron or steel) attained its maximum level at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Production By Country

The country with the largest volume of production of tubes, pipes and hollow profiles (of iron or steel) was China (X tonnes), comprising approx. X% 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, India (X tonnes), threefold. Russia (X tonnes) ranked third in terms of total production with a X% share.

From 2013 to 2018, the average annual growth rate of volume in China was relatively modest. In the other countries, the average annual rates were as follows: India (+X% per year) and Russia (+X% per year).

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

Exports 2007-2018

Global exports amounted to X tonnes in 2018, rising by X% against the previous year. Over the period under review, exports of tubes, pipes and hollow profiles (of iron or steel) continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, global exports of tubes, pipes and hollow profiles (of iron or steel) reached their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) stood at $X in 2018. In general, exports of tubes, pipes and hollow profiles (of iron or steel) continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, global exports of tubes, pipes and hollow profiles (of iron or steel) reached their peak figure at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X tonnes), distantly followed by Italy (X tonnes), South Korea (X tonnes), Germany (X tonnes), Russia (X tonnes) and Japan (X tonnes) represented the key exporters of tubes, pipes and hollow profiles (of iron or steel), together generating X% of total exports. Turkey (X tonnes), India (X tonnes), Mexico (X tonnes), Canada (X tonnes), the U.S. (X tonnes) and Austria (X tonnes) followed a long way behind the leaders.

From 2013 to 2018, average annual rates of growth with regard to iron or steel pipe and tube exports from China stood at -X%. At the same time, Mexico (+X%), Russia (+X%), South Korea (+X%), India (+X%), Italy (+X%), Canada (+X%), Turkey (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2013-2018. Austria experienced a relatively flat trend pattern. By contrast, Japan (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. Russia (+X p.p.) and Mexico (+X p.p.) significantly strengthened its position in terms of the global exports, while the U.S. and China saw its share reduced by -X% and -X% from 2013 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest iron or steel pipe and tube markets worldwide were China ($X), Germany ($X) and Italy ($X), together comprising X% of global exports. Japan, South Korea, the U.S., Russia, India, Canada, Turkey, Mexico and Austria lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to market size, among the main exporting countries over the period under review, while exports for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average export price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per tonne, surging by X% against the previous year. In general, the export price for tubes, pipes and hollow profiles (of iron or steel), however, continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The global export price peaked at $X per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced a decline in the export price figures.

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

Imports 2007-2018

Global imports totaled X tonnes in 2018, jumping by X% against the previous year. In general, imports of tubes, pipes and hollow profiles (of iron or steel) continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, global imports of tubes, pipes and hollow profiles (of iron or steel) attained their maximum at X tonnes in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) totaled $X in 2018. Overall, imports of tubes, pipes and hollow profiles (of iron or steel) continue to indicate a temperate decline. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. The global imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Germany (X tonnes) were the major importers of tubes, pipes and hollow profiles (of iron or steel), together generating X% of total imports. Australia (X tonnes), Canada (X tonnes), France (X tonnes), Saudi Arabia (X tonnes), Mexico (X tonnes), Poland (X tonnes), Italy (X tonnes), the UK (X tonnes), the United Arab Emirates (X tonnes) and the Netherlands (X tonnes) took a minor share of total imports.

The U.S. experienced a relatively flat trend pattern of tubes, pipes and hollow profiles (of iron or steel) imports. At the same time, Australia (+X%), Poland (+X%), Mexico (+X%), Italy (+X%), the UK (+X%), France (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2013-2018. The Netherlands experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%), Canada (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. Australia (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported tubes, pipes and hollow profiles (of iron or steel) worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Australia, with a X% share.

In the U.S., imports of tubes, pipes and hollow profiles (of iron or steel) remained relatively stable over the period from 2013-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Australia (+X% per year).

Import Prices by Country

The average import price for tubes, pipes and hollow profiles (of iron or steel) stood at $X per tonne in 2018, picking up by X% against the previous year. In general, the import price for tubes, pipes and hollow profiles (of iron or steel), however, continues to indicate a pronounced deduction. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The global import price peaked at $X per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform