The forecast for the import of seamless steel line pipe, used for oil or gas pipelines, to the UK shows a steady upward trend from 2024 to 2028, increasing from 42.769 million kg in 2024 to 45.476 million kg by 2028. This consistent growth reflects a compound annual growth rate (CAGR) of approximately 1.5% over the five-year period. As of 2023, the imports stood slightly lower than the forecast beginning point in 2024.

Future trends to watch for include:

Potential shifts in energy policy, impacting the demand for oil and gas infrastructure.
Technological advancements in pipeline materials and construction methods.
Impact of trade agreements or tariffs on steel imports to the UK.