The European market for seamless steel line pipes used in oil and gas pipelines saw diverse trends in 2023. Italy remained the leading importer despite a 12.27% decline, while the United Kingdom and Denmark showed growth of 5.04% and 5.86%, respectively. France, the Netherlands, and Cyprus experienced notable contractions. Eastern European countries like Poland and Bulgaria faced significant decreases. Finland and Slovenia, however, bucked the trend with positive growth. The compound annual growth rate (CAGR) over the last five years reveals varied dynamics but generally highlights a deceleration across many nations.
Future trends to watch include:
- Potential recovery in some markets as energy infrastructure projects resume.
- Impact of global environmental policies on fossil fuel demand and related infrastructure investments.
- Influence of geopolitical factors on European import dependencies and pipeline projects.
Top countries in Import of Line Pipe of a Kind Used for Oil or Gas Pipelines, Seamless, of Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 55,819,000 | 2023 | -17.75% | -12.27% | View data |
| 2 | 2 United Kingdom | 40,169,000 | 2023 | +0.087% | +5.04% | View data |
| 3 | 3 France | 27,612,000 | 2023 | -7.15% | -10.35% | View data |
| 4 | 4 Germany | 25,333,000 | 2023 | -1.31% | +0.58% | View data |
| 5 | 5 Netherlands | 22,222,000 | 2023 | +6.82% | -10.46% | View data |
| 6 | 6 Cyprus | 18,060,000 | 2023 | +4.42% | -20.36% | View data |
| 7 | 7 Spain | 9,374,800 | 2021 | +13.81% | -6.39% | View data |
| 8 | 8 Portugal | 6,923,200 | 2021 | +4.74% | +12.63% | View data |
| 9 | 9 Belgium | 6,885,400 | 2023 | -4.35% | -3.72% | View data |
| 10 | 10 Greece | 6,587,400 | 2023 | -4.9% | -11.78% | View data |
