Forecast: Import of Steel Line Pipe, of a Kind Used for Oil or Gas Pipelines, Longitudinally Welded, of an External Diameter More than 406,4 mm to Italy

The import of longitudinally welded steel line pipe for oil and gas pipelines in Italy is showing a steady growth trajectory from 2024 to 2028. Starting from 130.76 million kg in 2024, the volume is projected to escalate to 167.7 million kg by 2028. This reflects a consistent year-on-year increase, averaging approximately 6.4% CAGR over the five-year forecast period. Comparatively, the industry stood at a lower benchmark in 2023, suggesting the projected growth is significant.

Future trends to watch for:

  • Global oil and gas infrastructure developments could influence Italian imports.
  • Technological advancements in pipeline materials may shift demand.
  • Policy changes within the EU regarding energy imports and sustainability initiatives.

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