Welded iron or steel tubes, pipes and hollow profiles market in Italy

Earlier Report Observations

In 2018 and 2019, the Italian market for welded steel tubes was characterized by contained steel price volatility and steady demand, though growing international competition, particularly from China, applied pressure. The market volume stood at 4.2 million tons in 2019.

The COVID-19 pandemic in 2020 sharply reduced demand and disrupted production, causing the market volume to fall to 2.5 million tons. This period also marked the beginning of intense steel price volatility, while rising energy and raw material costs made domestic production less competitive.

By 2023, the market volume had contracted further to 1.6 million tons due to persistently high energy costs, weak steel demand in Italy and Europe, and the introduction of the EU's Carbon Border Adjustment Mechanism (CBAM), which added administrative burdens and costs. Into 2024, steel product prices trended downward from their peak, but high energy expenses and EU green policies continued to shape market conditions.

Production welded iron or steel tubes, pipes and hollow profiles in Italy

In value, 2017-2020, M $ US

In 2020, Italy's output of welded iron or steel tubes, pipes, and hollow profiles was valued at 5 199 million US dollars, marking a sharp decline of 26.6% compared to the previous year.

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

In kind, 2017-2020, K t

Italy produced 4 754 thousand tonnes of welded iron or steel tubes, pipes, and hollow profiles in 2020, which represents a 29.4% decrease from the year before.

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

Exports welded iron or steel tubes, pipes and hollow profiles from Italy

Exports in kind, K t

Italy's exports of welded iron or steel tubes, pipes, and hollow profiles reached 2 410 thousand tonnes in 2020, down 11.6% from 2019. Between 2017 and 2020, exports fell by 12.1%, averaging an annual decline of 4.2%. The largest increase occurred in 2019, at 0.2%.

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

From 2017 to 2020, Germany, France, and Spain were the top buyers of Italy's welded iron or steel tubes, pipes, and hollow profiles in volume terms, accounting for 23.9%, 16.4%, and 8.1% of exports, respectively. Together, they made up 48.5% of total exports, with many smaller partners contributing to a diverse market.

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, M $ US

Italy's exports of welded iron or steel tubes, pipes, and hollow profiles in value terms declined for the second year in a row. In 2020, exports totaled 3 166 million US dollars, a 12.1% drop from 2019. Over the 2017-2020 period, exports decreased by 12.8%, with a compound annual growth rate of -4.5%. The peak value was recorded in 2018 at 3 933 million US dollars, which also saw the largest increase of 8.3%.

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

The export structure in value terms from 2017 to 2020 was fragmented, with Germany, France, and Spain accounting for 24.0%, 13.6%, and 7.5% of exports, respectively. Combined, they represented only 45.0% of total flows, and no single country held 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 tubes, pipes and hollow profiles to Italy

Imports in kind, K t

Italy's imports of welded iron or steel tubes, pipes, and hollow profiles in volume terms fell for the second consecutive year. In 2020, imports stood at 137 thousand tonnes, a 21.9% decrease from 2019. Over the 2017-2020 period, imports dropped by 35.6%, with an average annual decline of 13.6%. The highest volume was in 2018 at 226 thousand tonnes, which also experienced the largest increase of 5.9%. The steepest decline occurred in 2019, at 22.2%.

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

The import structure in volume terms from 2017 to 2020 was diversified, with Turkey, Switzerland, and Germany as key suppliers, holding shares of 25.3%, 13.6%, and 9.8%, respectively. Together, they accounted for 48.7% of total imports, with no country dominating the market.

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, M $ US

Italy's imports of welded iron or steel tubes, pipes, and hollow profiles in value terms decreased for the second year in a row. In 2020, imports amounted to 188 million US dollars, down 27.2% from 2019. Between 2017 and 2020, imports fell by 32%, averaging an annual decline of 12.0%. The maximum value was recorded in 2018 at 320 million US dollars, which also saw the largest increase of 15.8%.

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

From 2017 to 2020, Germany, Turkey, and Switzerland were significant suppliers of welded iron or steel tubes, pipes, and hollow profiles to Italy in value terms, with shares of 18.8%, 15.5%, and 13.7%, respectively. Their combined share reached 48.0% of total imports, but no single country had a dominant position.

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

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