Seamless iron or steel line pipe used for oil or gas pipelines market in Romania

Earlier Report Observations

From 2018, updated technical norms for natural gas pipelines, establishing strict rules for steel pipe welding and installation, created a regulatory framework that supported demand for seamless pipes. This contributed to a market volume of 130.8 thousand tonnes in 2018 and stabilization at 129.2 thousand tonnes in 2019. However, the market volume sharply contracted to 99.3 thousand tonnes in 2020.

The following years saw significant fluctuations, with a rapid rebound to 137.8 thousand tonnes in 2021 followed by declines to 112.7 thousand tonnes in 2022 and 89.6 thousand tonnes in 2023. In 2023, revised technical norms for corrosion protection and recommendations for environmentally sensitive construction introduced new specifications that may have influenced project timelines and demand patterns.

By 2024, new legislative amendments defining pipeline safety colors and the sustained activity of key player Inspet, which has constructed over 4 000 km of pipelines, supported a modest market recovery to 93.2 thousand tonnes.

Production seamless line pipe for oil or gas in Romania

In value, 2017-2020, M $ US

Romania's production of seamless iron or steel line pipe for oil and gas pipelines declined for the second consecutive year. In 2020, output was valued at 197.3 million US dollars, marking a significant year-over-year decrease of 24.3%. Between 2017 and 2020, production fell by 9.9%, which translates to an annualized decline of 3.4%. The peak production value was recorded in 2018 at 287.2 million US dollars, with the largest annual increase of 31.2% also occurring that year.

Annual dynamics of production in Romania in value, 2017-2020, M $ US

In kind, 2017-2020, K t

Romania's production of seamless iron or steel line pipe for oil and gas pipelines declined for the second year in a row. In 2020, the country produced 152.3 thousand tonnes, representing a substantial year-over-year drop of 17.1%. From 2017 to 2020, production decreased by 10.5%, averaging an annual decline of 3.6%. The highest production volume was achieved in 2018 at 198.5 thousand tonnes, which also saw the largest annual increase of 16.7%.

Annual dynamics of production in Romania in kind, 2017-2020, K t

Exports seamless line pipe for oil or gas from Romania

Exports in kind, t

Romania's exports of seamless iron or steel line pipe for oil and gas pipelines fell for the second consecutive year. In 2020, export volume stood at 56 967 tonnes, showing a slight decline of 1.3% compared to the previous year. Over the 2017-2020 period, exports increased by 7%, with a compound annual growth rate of 2.3%. The peak export volume was recorded in 2018 at 74 579 tonnes, which also experienced the largest annual increase of 40.1%. The most significant decline occurred in 2019, with a drop of 22.6%.

Annual dynamics of product's exports from Romania in kind, 2017-2020, t

From 2017 to 2020, Italy, the United States, and the Netherlands were the primary destinations for Romania's exports of seamless iron or steel line pipe in volume terms. Italy accounted for 25.6% of exports, the United States for 21.6%, and the Netherlands for 13.3%. Together, these three countries represented 60.6% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Romania in kind, 2017-2020

Exports in value, K $ US

Romania's export value of seamless iron or steel line pipe for oil and gas pipelines showed notable fluctuations during the period. In 2020, exports amounted to 52 268 thousand US dollars, down 13.1% from the previous year. The lowest value was recorded in 2017, while the peak occurred in 2018 at 84 846 thousand US dollars, representing a 1.8-fold increase from the 2017 low. The largest annual decline was in 2019 at 29.1%, while the largest increase was in 2018 at 77.2%.

Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US

Between 2017 and 2020, Italy, the United States, and the Netherlands were the main buyers of Romania's seamless iron or steel line pipe in value terms. Italy accounted for 24.0% of export value, the United States for 20.8%, and the Netherlands for 13.5%. Collectively, these three markets comprised 58.3% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Romania in value, 2017-2020

Imports seamless line pipe for oil or gas to Romania

Imports in kind, t

Romania's imports of seamless iron or steel line pipe for oil and gas pipelines surged in 2020, reaching 4 036 tonnes, a dramatic year-over-year increase of 29.8%. However, over the 2017-2020 period, imports decreased by 28.3%, averaging an annual decline of 10.5%. The lowest import volume was in 2019 at 3 108 tonnes, while the peak was in 2018 at 6 871 tonnes. The largest annual decline occurred in 2019 at 54.8%.

Annual dynamics of product's imports to Romania in kind, 2017-2020, t

From 2017 to 2020, Ukraine, Italy, and Germany were the key sources for Romania's imports of seamless iron or steel line pipe in volume terms. Ukraine accounted for 19.3% of imports, Italy for 18.1%, and Germany for 16.3%. Together, these three countries made up 53.7% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Romania in kind, 2017-2020

Imports in value, K $ US

In 2020, Romania's import value of seamless iron or steel line pipe for oil and gas pipelines rose to 11 349 thousand US dollars, a 10.5% increase from the previous year. Over the 2017-2020 period, imports decreased by 19.2%, with a compound annual decline rate of 6.9%. The lowest value was recorded in 2019 at 10 267 thousand US dollars, while the peak was in 2018 at 16 064 thousand US dollars. The largest annual decline was in 2019 at 36.1%, and the largest increase was in 2018 at 14.3%.

Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US

Throughout 2017-2020, Germany, Italy, and Ukraine were the primary sources for Romania's imports of seamless iron or steel line pipe in value terms. Germany accounted for 47.9% of import value, Italy for 15.1%, and Ukraine for 7.0%. Combined, these three countries represented 70.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Romania in value, 2017-2020