United Kingdom's Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines Market Report 2025 - Prices, Size, Forecast, and Companies
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In 2024, the UK market for line pipe of steel other than stainless steel for oil or gas pipelines increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption showed a strong expansion. Over the period under review, the market reached the maximum level in 2024 and is likely to see gradual growth in years to come.
In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines shrank slightly to $X in 2024 estimated in export price. Over the period under review, production continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2023 with an increase of X%. Production of peaked at $X in 2012; however, from 2013 to 2024, production remained at a lower figure.
In 2024, approx. X tons of line pipe of steel other than stainless steel for oil or gas pipelines were exported from the UK; with a decrease of X% on the year before. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2024, the exports stood at a somewhat lower figure.
In value terms, exports of line pipe of steel other than stainless steel for oil or gas pipelines dropped significantly to $X in 2024. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2023 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2024, the exports remained at a lower figure.
India (X tons), the Netherlands (X tons) and Qatar (X tons) were the main destinations of exports of line pipe of steel other than stainless steel for oil or gas pipelines from the UK, together accounting for X% of total exports.
From 2012 to 2024, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), Qatar ($X) and Norway ($X) were the largest markets for line pipe of steel other than stainless steel for oil or gas pipelines exported from the UK worldwide, together accounting for X% of total exports.
Qatar, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
In 2024, the average export price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, flattening at the previous year. Over the period under review, export price indicated mild growth from 2012 to 2024: its price increased at an average annual rate of X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, export price for line pipe of steel other than stainless steel for oil or gas pipelines increased by X% against 2022 indices. The pace of growth was the most pronounced in 2023 when the average export price increased by X%. The export price peaked in 2024 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.
In 2024, overseas purchases of line pipe of steel other than stainless steel for oil or gas pipelines increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports enjoyed a modest expansion. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2024 and are expected to retain growth in the near future.
In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines totaled $X in 2024. Overall, imports recorded a pronounced increase. The most prominent rate of growth was recorded in 2023 when imports increased by X% against the previous year. Imports peaked in 2024 and are expected to retain growth in years to come.
In 2024, Italy (X tons) constituted the largest supplier of line pipe of steel other than stainless steel for oil or gas pipelines to the UK, with a X% share of total imports. Moreover, imports of line pipe of steel other than stainless steel for oil or gas pipelines from Italy exceeded the figures recorded by the second-largest supplier, Argentina (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.
From 2012 to 2024, the average annual rate of growth in terms of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Germany (X% per year).
In value terms, the largest line pipe of steel other than stainless steel for oil or gas pipelines suppliers to the UK were Germany ($X), Italy ($X) and Argentina ($X), with a combined X% share of total imports.
In terms of the main suppliers, Argentina, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
In 2024, the average import price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, recorded a measured increase. The pace of growth appeared the most rapid in 2023 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell sharply in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for line pipe of steel other than stainless steel for oil or gas pipelines in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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