Earlier Report Observations
Between 2018 and 2020, the market for welded circular-section stainless steel tubes and pipes in Greece experienced consistent growth. The market volume increased from 2 897 t to 3 701 t, while its value rose from 6.2 million USD to 8.5 million USD. This expansion was primarily supported by a surge in imports, which more than doubled in volume from 1 649 t to 2 547 t over the period.
Following 2020, import volumes fluctuated significantly, with a sharp contraction to 1 839 t in 2022 before a partial recovery. Concurrently, the value of exports demonstrated a rising trend, increasing from 807 thousand USD in 2021 to 1.4 million USD in 2024, reflecting stronger export activity within the EU's tubes and profiles sector.
Globally, welded stainless steel pipes hold a substantial share of the market, widely used in construction and infrastructure, which underpins underlying demand in Greece and similar markets.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In kind
- 4.1.1. Production, 2018-2020
- 4.1.2. Imports, 2018-2024
- 4.1.3. Exports, 2018-2024
- 4.1.4. Market size, 2018-2020
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4.2. In value
- 4.2.1. Production, 2018-2020
- 4.2.2. Imports, 2018-2024
- 4.2.3. Exports, 2018-2024
- 4.2.4. Market size, 2018-2020
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4.1. In kind
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5. Production
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5.1. Production in Greece
- 5.1.1. In kind, 2018-2020, t
- 5.1.2. In value, 2018-2020, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Greece
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production welded circular stainless pipes in Greece
In value, 2017-2020, K $ US
In 2020, Greece's production of welded circular-section stainless steel tubes, pipes, and hollow profiles was valued at 1 323 K $ US, marking a significant contraction of 21.6% compared to 2019. Over the period from 2017 to 2020, production declined by 26.3%, which translates to an annualized rate of 9.7%. The largest increase occurred in 2019, with a rise of 2.6%.
Annual dynamics of production in Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.5%) | 2.6% | (21.6%) | (9.7%) |
In kind, 2017-2020, t
In 2020, Greece produced 1 366 t of welded circular-section stainless steel tubes, pipes, and hollow profiles, representing a decrease of 20.3% from the previous year. From 2017 to 2020, production fell by 26.1%, corresponding to a compound annual growth rate (CAGR) of -9.6%. The most notable increase was in 2019, at 10.9%.
Annual dynamics of production in Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (16.4%) | 10.9% | (20.3%) | (9.6%) |
Exports welded circular stainless pipes from Greece
Exports in kind, t
Greece's exports of welded circular-section stainless steel tubes, pipes, and hollow profiles declined for the third consecutive year. In 2020, exports totaled 212 t, reflecting a gradual decline of 6.0% compared to 2019. Between 2017 and 2020, exports decreased by 60%, equating to an annualized rate of 26.3%.
Annual dynamics of product's exports from Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (44.1%) | (24.0%) | (6.0%) | (26.3%) |
From 2017 to 2020, the main markets for Greece's exports in kind were Oman (37.6% of exports), Albania (23.1% of exports), and Cyprus (10.0% of exports). Together, these three countries accounted for 70.7% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Greece in kind, 2017-2020
Exports in value, K $ US
In 2020, Greece's export value of welded circular-section stainless steel tubes, pipes, and hollow profiles reached 1 061 K $ US, showing an increase of 27.8% compared to 2019. However, from 2017 to 2020, exports decreased by 22.5%, with an annualized rate of 8.1%. The minimum value was recorded in 2019 at 830 K $ US, while the maximum was in 2018 at 1 590 K $ US. The largest decline occurred in 2019, with a drop of 47.8%.
Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.2% | (47.8%) | 27.8% | (8.1%) |
Between 2017 and 2020, the primary buyers of Greece's welded circular-section stainless steel tubes, pipes, and hollow profiles in value terms were Albania (29.4% of exports), Oman (17.3% of exports), and Cyprus (12.2% of exports). Collectively, they represented 58.9% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Greece in value, 2017-2020
Imports welded circular stainless pipes to Greece
Imports in kind, t
Greece's imports of welded circular-section stainless steel tubes, pipes, and hollow profiles increased for the second consecutive year. In 2020, imports were recorded at 2 547 t, indicating a robust rise of 24.0% compared to 2019. Over the period from 2017 to 2020, imports grew by 10.6%, with a CAGR of 3.4%. The minimum value was in 2018 at 1 649 t. The largest decline occurred in 2018, with a decrease of 28.4%, while the largest increase was in 2019, at 24.6%.
Annual dynamics of product's imports to Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (28.4%) | 24.6% | 24.0% | 3.4% |
During 2017–2020, Italy (63.7% of imports in kind), Asia, not elsewhere specified (15.1% of imports), and Turkey (8.7% of imports) were the largest contributors to Greece's imports in kind. Together, they accounted for 87.5% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Greece in kind, 2017-2020
Imports in value, K $ US
Greece's imports of welded circular-section stainless steel tubes, pipes, and hollow profiles increased for the second year in a row. In 2020, imports totaled 8 282 K $ US, reflecting a strong advance of 14.9% compared to 2019. From 2017 to 2020, imports rose by 19.4%, with an annualized rate of 6.1%. The minimum value was recorded in 2018 at 6 145 K $ US. The largest decline was in 2018, with a drop of 11.4%, while the largest increase occurred in 2019, at 17.3%.
Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (11.4%) | 17.3% | 14.9% | 6.1% |
From 2017 to 2020, Italy (64.3% of imports in value terms), Asia, not elsewhere specified (13.3% of imports), and Turkey (6.6% of imports) led the ranking of suppliers to Greece. Their combined share reached 84.2% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Greece in value, 2017-2020
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