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

Earlier Report Observations

The Russian market for seamless iron or steel line pipe used for oil or gas pipelines displayed considerable volatility between 2018 and 2024. Market volume grew to 669 thousand tons in 2019, supported by anticipated increases in oil and gas project investments and rising drilling activity. However, the COVID-19 pandemic in 2020 drastically reduced funding for such projects, cutting demand and slashing the market volume to 440 thousand tons. A recovery to 651 thousand tons in 2021 was driven by the launch of new production capacities, including the Gazpromtrubinvest plant, and a prevailing import substitution trend.

Structural shifts included the 2019 introduction of an anti-dumping duty on Chinese seamless OCTG pipes to shield domestic manufacturers, alongside the construction of new facilities like the Zagorsky Pipe Plant. Regulatory updates, such as revised industrial safety rules for technological pipelines in 2021 and for the oil and gas industry in 2023, affected production standards. In 2022, explosions on the Nord Stream gas pipeline indirectly impacted pipe demand, contributing to a market volume decline to 558 thousand tons despite accelerated pipeline construction projects like Power of Siberia.

The 2023 startup of OMK's new seamless pipe production line helped push market volume back to 633 thousand tons, though anti-dumping investigations during the year caused market fluctuations. By 2024, an oversupply of production capacity and the ongoing impact of sanctions led to a sharp contraction, with the market volume falling to 403 thousand tons. Production in 2025 continued to decrease, reflecting persistent challenges from excess capacity and geopolitical factors.

Production seamless line pipe for oil or gas in Russia

In kind, 2018-2021, K t

In 2020, Russia's production of seamless iron or steel line pipe for oil or gas pipelines hit its lowest point at 531.6 thousand tons, marking a 13.3% decline. However, production rebounded in 2021, reaching 615.7 thousand tons, which represents a 15.8% increase compared to the previous year.

Annual dynamics of production in Russia in kind, 2018-2021, K t

Exports seamless line pipe for oil or gas from Russia

Exports in kind, K t

The export market showed significant volatility during this period. In 2020, exports peaked at 128.1 thousand tons, reflecting a substantial 94.3% increase. By contrast, exports dropped sharply in 2021 to just 20.1 thousand tons, an 84.3% decrease from the prior year. This resulted in a 6.4-fold difference between the high in 2020 and the low in 2021.

Annual dynamics of product's exports from Russia in kind, 2018-2021, K t

From 2018 to 2021, Uzbekistan, Egypt, and Saudi Arabia were the key destinations for exports in volume terms. Uzbekistan accounted for 30.0% of exports, Egypt for 16.7%, and Saudi Arabia for 15.0%. Together, these three countries made up 61.6% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Russia in kind, 2018-2021

Exports in value, M $ US

Export values experienced considerable fluctuations. In 2020, they reached a high of 129.3 million US dollars, surging by 96.2%. However, in 2021, exports fell to 18.4 million US dollars, an 85.7% drop from the previous year. This created a sevenfold variation between the peak in 2020 and the trough in 2021.

Annual dynamics of product's exports from Russia in value, 2018-2021, M $ US

Between 2018 and 2021, Uzbekistan, Egypt, and Saudi Arabia emerged as the primary markets in value terms. Uzbekistan held 34.9% of export value, Egypt 14.1%, and Saudi Arabia 12.8%. Collectively, these three countries represented 61.8% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Russia in value, 2018-2021

Imports seamless line pipe for oil or gas to Russia

Imports in kind, K t

After a two-year decline, Russia's imports of seamless iron or steel line pipe for oil or gas pipelines began to recover. In 2020, imports hit their lowest point at 38.4 thousand tons, with a sharp 69.5% decrease. By 2021, imports rose to 52.2 thousand tons, a 36.0% increase over the previous year. Overall, from 2018 to 2021, imports decreased by 64.7%, averaging an annual decline of 29.3%.

Annual dynamics of product's imports to Russia in kind, 2018-2021, K t

From 2018 to 2021, Kazakhstan dominated Russia's imports in volume terms, accounting for 90.0% of total flows. The remaining share was distributed among various smaller suppliers.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Russia in kind, 2018-2021

Imports in value, M $ US

Following a two-year reduction, Russia's imports in value terms started to grow. In 2020, imports reached their minimum at 34.3 million US dollars, declining by 69.9%. In 2021, imports increased to 52.8 million US dollars, a significant 54.0% rise compared to the prior year. Over the 2018-2021 period, imports fell by 62%, with an average annual decrease of 27.6%.

Annual dynamics of product's imports to Russia in value, 2018-2021, M $ US

During 2018-2021, Kazakhstan was the leading supplier of seamless iron or steel line pipe for oil or gas pipelines to Russia in value terms, making up 82.3% of total imports. Other countries shared the remainder of the import volume.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Russia in value, 2018-2021