Netherlands: Market for Stainless Steel Seamless Pipe For Oil And Gas 2024

Market Size for Stainless Steel Seamless Pipe For Oil And Gas in the Netherlands

In 2023, after two years of growth, there was significant decline in the Dutch stainless steel seamless pipe market, when its value decreased by X% to $X. Overall, consumption, however, saw pronounced growth. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Production of Stainless Steel Seamless Pipe For Oil And Gas in the Netherlands

In value terms, stainless steel seamless pipe production soared to $X in 2023 estimated in export price. In general, production showed a noticeable decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Stainless steel seamless pipe production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from the Netherlands

In 2023, approx. X tons of stainless steel seamless pipe for oil and gas were exported from the Netherlands; shrinking by X% on the previous year's figure. Over the period under review, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, stainless steel seamless pipe exports rose remarkably to $X in 2023. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), France (X tons) and the UK (X tons) were the main destinations of stainless steel seamless pipe exports from the Netherlands, with a combined X% share of total exports. Belgium, Norway, Italy, Poland, Spain, Greece, Malaysia, the United States, Portugal and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for stainless steel seamless pipe exported from the Netherlands were Germany ($X), the UK ($X) and France ($X), with a combined X% share of total exports. Belgium, Norway, Italy, Spain, Malaysia, Greece, Poland, Portugal, the United States and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Greece, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average stainless steel seamless pipe export price amounted to $X per ton, with an increase of X% against the previous year. In general, export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, stainless steel seamless pipe export price increased by X% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports into the Netherlands

In 2023, overseas purchases of stainless steel seamless pipe for oil and gas were finally on the rise to reach X tons for the first time since 2019, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, stainless steel seamless pipe imports skyrocketed to $X in 2023. In general, imports, however, continue to indicate a abrupt decline. Imports peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Italy (X tons) constituted the largest supplier of stainless steel seamless pipe to the Netherlands, accounting for a X% share of total imports. Moreover, stainless steel seamless pipe imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Ukraine (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Ukraine (X% per year).

In value terms, Italy ($X) constituted the largest supplier of stainless steel seamless pipe for oil and gas to the Netherlands, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

The average stainless steel seamless pipe import price stood at $X per ton in 2023, increasing by X% against the previous year. In general, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform