In 2023, Italy dominated the European export market for stainless steel line pipes with an external diameter less than 406.4 mm, holding a 95.45% share by kilogram, although it experienced a significant year-on-year decline of 23.47%. Spain, despite a smaller share of 7.65%, saw a notable growth of 8.73%. Germany's share remained stagnant, while the UK saw a 7.53% reduction. Other countries like Croatia and Greece posted substantial increases, indicating dynamic, albeit small-scale, market shifts.
Future trends to watch include potential shifts in Italy's dominance and increases in smaller players due to production adjustments and evolving demand dynamics. The transition to renewable energy sources and fluctuating oil and gas markets may also influence demand for these specific pipes in the upcoming years.
Top countries in Export of Line Pipe, of a Kind Used for Oil or Gas Pipelines, Longitudinally or Spirally Welded, of an External Diameter Less than 406,4 mm of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 95.45 | 2023 | +0.036% | -23.47% | View data |
| 2 | 2 Spain | 7.65 | 2023 | +8.97% | +8.73% | View data |
| 3 | 3 Germany | 6.1 | 2023 | +13.22% | View data | |
| 4 | 4 United Kingdom | 2.71 | 2023 | -11.44% | -7.53% | View data |
| 5 | 5 Belgium | 2.31 | 2021 | +70% | -4.9% | View data |
| 6 | 6 Czechia | 1.93 | 2023 | |||
| 7 | 7 Poland | 0.54 | 2023 | -12.66% | -22% | View data |
| 8 | 8 Latvia | 0.53 | 2023 | +4.16% | -1.37% | View data |
| 9 | 9 Portugal | 0.48 | 2023 | +0.005% | +13.1% | View data |
| 10 | 10 Croatia | 0.31 | 2023 | +7.15% | +111.2% | View data |
