The European export market for welded line pipes made of stainless steel, used in oil or gas pipelines with an external diameter less than 406.4 mm, exhibits diverse trends across countries. In 2023, Hungary reported a remarkable surge of 211.58% in exports, supplemented by significant increases from Sweden at 147.64% and Cyprus at 208.98%. In contrast, Germany and the Netherlands faced declines of 35.06% and 47.36%, respectively. Poland, Spain, and Portugal showed moderate growth while the United Kingdom and Denmark saw minor contractions. The five-year compound annual growth rates (CAGR) for each country reflect variable success, marking both opportunities and stagnant areas in the sector.
Future trends to monitor include the impact of geopolitical dynamics and evolving energy policies on export volumes. The transition towards renewable energy could affect demand trajectories, emphasizing a strategic focus on market diversification. Stakeholders should anticipate potential shifts in material choice and manufacturing innovation, striving to meet stringent environmental standards and efficiency goals in the European and global markets.
Top countries in Export of Line Pipe, of a Kind Used for Oil or Gas Pipelines, Welded, of an External Diameter Less than 406,4 mm of Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 41,855,000 | 2023 | +3.97% | +2.31% | View data |
| 2 | 2 Greece | 26,430,000 | 2023 | -50.29% | -20.03% | View data |
| 3 | 3 Spain | 24,831,000 | 2023 | +9.82% | +10.38% | View data |
| 4 | 4 United Kingdom | 23,531,000 | 2023 | -4.36% | -5.15% | View data |
| 5 | 5 Italy | 16,194,000 | 2023 | +7.6% | +5.56% | View data |
| 6 | 6 Hungary | 15,800,000 | 2023 | +7.44% | +211.58% | View data |
| 7 | 7 Denmark | 10,497,000 | 2023 | -3.11% | -4.82% | View data |
| 8 | 8 Germany | 9,931,800 | 2023 | -41.89% | -35.06% | View data |
| 9 | 9 Sweden | 6,072,000 | 2023 | +27.3% | +147.64% | View data |
| 10 | 10 Belgium | 5,526,100 | 2023 | -34.4% | +1.23% | View data |
