In 2023, the import of steel line pipe for oil or gas pipelines not longitudinally welded to Italy stood at approximately 9.7 million kilograms. The forecasted growth from 2024 to 2028 shows a steady increase, reaching 11.067 million kilograms in 2028. Year-on-year growth from 2024 to 2025 is 2.9%, followed by 2.8% in subsequent years. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is 2.74%.
Future trends to watch include potential impacts from geopolitical tensions affecting oil and gas industries, technological improvements in pipeline manufacturing, and changes in energy policies favoring alternative energy sources, which could influence the demand dynamics for steel line pipes in Italy.
