Welded iron or steel line pipe used for oil or gas pipelines market in Italy

Earlier Report Observations

The Italian market for welded steel line pipe used in oil and gas pipelines saw production and market volume expand through 2019, reaching 207 thousand tons. This period was supported by the strong presence of state-owned companies in the sector and the widespread adoption of international quality and safety standards, particularly API 5L and European EN norms, which governed production. Additionally, the industry increased its use of advanced welding technologies like submerged arc and high-frequency induction welding for large-diameter, thick-walled pipes, enhancing manufacturing capabilities.

A sharp contraction began in 2020, with market volume falling to 94.5 thousand tons. That year, a notable strategic agreement between Italian companies for the storage and distribution of steel pipes and fittings signaled consolidation within the sector. The decline continued through 2021 and 2022, with the market reaching 77.2 thousand tons, influenced by global supply and demand dynamics for raw materials and finished products. Regulatory requirements for safety and quality continued to drive technological upgrades, such as improved anti-corrosion coatings, but did not reverse the overall decrease in market volume.

The market downturn reached its lowest point in 2023 at 40.1 thousand tons, followed by a partial recovery in 2024 to 48.4 thousand tons. The overall trajectory across the full period reflects significant volatility, with the early years characterized by standardization and technological investment, and the latter years marked by market adaptation to broader economic conditions.

Production welded iron or steel line pipe used for oil or gas pipelines in Italy

In value, 2017-2020, M $ US

The market exhibited volatility throughout the observed period. Import levels fluctuated significantly, with a 7.6-fold difference between the peak in 2017 and the low in 2018. In 2020, Italy's output of welded iron or steel line pipe for oil or gas pipelines was valued at 108.2 million US dollars, marking a sharp year-on-year increase of 33.4%. The lowest value was recorded in 2018 at 50.2 million US dollars. The largest decline occurred in 2018, dropping by 86.9%, while the largest increase was in 2019, rising by 61.5%.

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

In kind, 2017-2020, K t

The market demonstrated volatility over the observed period. Import levels varied considerably, with a 6-fold difference between the high in 2017 and the low in 2020. In 2020, Italy produced 91.9 thousand tonnes of welded iron or steel line pipe for oil or gas pipelines, representing a steep decline of 57.3% compared to 2019. The largest decline was recorded in 2018, falling by 62.9%, whereas the largest increase occurred in 2019, growing by 5.2%.

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

Exports welded iron or steel line pipe used for oil or gas pipelines from Italy

Exports in kind, t

In 2020, Italy exported 8 317 tonnes of welded iron or steel line pipe for oil or gas pipelines, which is 45.1% lower than the previous year. Between 2017 and 2020, exports decreased by 59.4%, equating to an annualized rate of 25.9%. The largest increase was recorded in 2019, rising by 22.5%.

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

From 2017 to 2020, Italy's exports in kind of welded iron or steel line pipe for oil or gas pipelines were characterized by a broad spread across markets. Spain accounted for 15.6% of exports in kind, Germany for 14.0%, and France for 13.2%, with these three countries together making up only 42.8% of total flows.

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

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

Exports in value, K $ US

In 2020, Italy exported 24 634 thousand US dollars worth of welded iron or steel line pipe for oil or gas pipelines, representing a 42.4% decrease compared to the previous year. Over the period 2017-2020, exports decreased by 54.7%, with a compound annual growth rate (CAGR) of -23.2%. The largest increase was recorded in 2019, rising by 0.7%.

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

The partner structure of exports in value terms from 2017 to 2020 was fragmented. Germany accounted for 15.8% of exports in value terms, France for 10.3%, and Spain for 7.0%, with these three countries together representing only 33.1% of total flows, and no single country achieving a dominant share.

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

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

Imports welded iron or steel line pipe used for oil or gas pipelines to Italy

Imports in kind, t

In 2020, Italy imported approximately 10 995 tonnes of welded iron or steel line pipe for oil or gas pipelines, corresponding to an advance of 52.3% from the previous year. Between 2017 and 2020, imports increased by 32.8%, equating to an annualized rate of 9.9%. The lowest value was recorded in 2019 at 7 219 tonnes. The largest decline occurred in 2019, dropping by 32.4%.

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

From 2017 to 2020, Turkey, Germany, and Ukraine were the main suppliers of welded iron or steel line pipe for oil or gas pipelines to Italy. Turkey accounted for 36.9% of imports in kind, Germany for 15.5%, and Ukraine for 10.6%, jointly forming 63.1% of total imports in kind.

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

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

Imports in value, K $ US

There were noticeable fluctuations in market performance during the period. The span from 2018 to 2019 saw a peak-to-trough amplitude of 2 times. In 2020, deliveries of welded iron or steel line pipe for oil or gas pipelines to Italy amounted to 10 996 thousand US dollars, up by 15.1% compared to 2019. The lowest value was recorded in 2019 at 9 550 thousand US dollars, while the highest was in 2018 at 19 055 thousand US dollars. The largest decline occurred in 2019, falling by 49.9%, and the largest increase was in 2018, rising by 72.9%.

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

Throughout 2017 to 2020, Germany, Turkey, and Ukraine remained the key partners in imports in value terms. Germany accounted for 28.1% of imports in value terms, Turkey for 24.5%, and Ukraine for 7.0%, together accounting for 59.6% of total flows.

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

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