In 2023, Italy led European imports of seamless steel line pipes for oil and gas, representing approximately 22.94% of the market. The United Kingdom followed with 16.52%, showing a notable increase of 5.88% from the previous year, while France and Germany held steady at 11.49% and 10.66%, respectively. Noteworthy shifts include declines in the Netherlands and Cyprus with a 5.72% and 20.32% drop, respectively. Finland exhibited significant growth with a 52.4% rise, indicating increased demand. Long-term CAGR reveals fluctuations across countries, but major players maintain consistent positions.
Future trends to watch include potential supply chain adjustments post-2023, geopolitical factors affecting trade policies, and environmental regulations potentially increasing demand for more sustainable pipeline materials. Emerging markets within Europe could shift the current import landscape, and technological advancements in pipeline infrastructure could drive further growth. Monitoring these trends is crucial to understanding the evolving dynamics of the European pipeline import market.
Top countries in Import of Line Pipe, of a Kind Used for Oil or Gas Pipelines, Seamless, of Steel Other than Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.94 | 2023 | -17.45% | -12% | View data |
| 2 | 2 United Kingdom | 16.52 | 2023 | +1.56% | +5.88% | View data |
| 3 | 3 France | 11.49 | 2023 | -2.72% | -1.9% | View data |
| 4 | 4 Germany | 10.66 | 2023 | -2.87% | -0.17% | View data |
| 5 | 5 Netherlands | 9.05 | 2023 | +8.71% | -5.72% | View data |
| 6 | 6 Cyprus | 7.18 | 2023 | +4.36% | -20.32% | View data |
| 7 | 7 Spain | 3.49 | 2021 | +28.52% | -7.61% | View data |
| 8 | 8 Greece | 2.8 | 2023 | -4.01% | -10.91% | View data |
| 9 | 9 Portugal | 2.69 | 2023 | -15.76% | -20.21% | View data |
| 10 | 10 Belgium | 2.46 | 2023 | -15.59% | -13.39% | View data |
