Report Update: May 1, 2024

Pakistan - Stainless Steel Seamless Pipe For Oil And Gas - Market Analysis, Forecast, Size, Trends And Insights

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Price for Stainless Steel Seamless Pipe in Pakistan - 2023

Price for Stainless Steel Seamless Pipe in Pakistan (CIF) - 2022

In 2022, the average stainless steel seamless pipe import price amounted to $832 per ton, which is down by -12.2% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29%. As a result, import price attained the peak level of $1,230 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($983 per ton), while the price for China amounted to $826 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-7.2%), while the prices for the other major suppliers experienced a decline.

Price for Stainless Steel Seamless Pipe in Pakistan (FOB) - 2022

The average stainless steel seamless pipe export price stood at $2,543 per ton in 2022, standing approx. at the previous year. Overall, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2015 when the average export price decreased by -4% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2,548 per ton), while the average price for exports to the United States amounted to $2,063 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.6%).

Imports of Stainless Steel Seamless Pipe in Pakistan

For the third consecutive year, Pakistan recorded decline in overseas purchases of stainless steel seamless pipe for oil and gas, which decreased by -2.1% to 532 tons in 2022. In general, imports faced a sharp descent.

In value terms, stainless steel seamless pipe imports contracted to $442K in 2022. Overall, imports showed a dramatic downturn. The smallest decline of -11% was in 2020.

Import of Stainless Steel Seamless Pipe in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	607	429	217	358	-16.1%
South Korea	0.3	2.1	2.0	37.4	399.6%
Kazakhstan	8.3	7.4	5.7	N/A	-17.1%
Sweden	32.7	21.1	9.6	N/A	-45.8%
France	26.9	29.0	27.0	N/A	0.2%
Kuwait	7.2	4.4	1.7	N/A	-51.4%
Others	382	453	251	47.2	-50.2%
Total	1,063	946	514	442	-25.4%

Top Suppliers of Stainless Steel Seamless Pipe to Pakistan in 2022:

China (433.0 tons)
South Korea (38.0 tons)

Exports of Stainless Steel Seamless Pipe in Pakistan

In 2022, stainless steel seamless pipe exports from Pakistan was estimated at 205 tons, flattening at the previous year. Over the period under review, exports enjoyed significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, stainless steel seamless pipe exports amounted to $521K in 2022. In general, exports saw a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Stainless Steel Seamless Pipe in Pakistan (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Malaysia	N/A	N/A	517	0%
Others	2.7	N/A	4.1	23.2%
Total	2.7	N/A	521	1289.1%

Top Export Markets for Stainless Steel Seamless Pipe from Pakistan in 2022:

Malaysia (203.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for stainless steel seamless pipe in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless steel

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023