Canada - Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada: Market for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel 2024
Market Size for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel in Canada
In 2022, the Canadian market for seamless casing, tubing and drill oil or gas pipes of stainless steel decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption faced a dramatic downturn. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Production of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel in Canada
In value terms, production of seamless casing, tubing and drill oil or gas pipes of stainless steel amounted to less than $X in 2022 estimated in export price. Overall, production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.
Exports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel
Exports from Canada
In 2022, overseas shipments of seamless casing, tubing and drill oil or gas pipes of stainless steel increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports saw a notable increase. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.
In value terms, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel skyrocketed to $X in 2022. Overall, exports posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.
Exports by Country
The United States (X tons) was the main destination for exports of seamless casing, tubing and drill oil or gas pipes of stainless steel from Canada, with a X% share of total exports. Moreover, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel to the United States exceeded the volume sent to the second major destination, Switzerland (X tons), fourfold. Cameroon (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Cameroon (X% per year).
In value terms, the United States ($X) remains the key foreign market for seamless casing, tubing and drill oil or gas pipes of stainless steel exports from Canada, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with an X% share of total exports. It was followed by Cameroon, with a X% share.
From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Cameroon (X% per year).
Export Prices by Country
In 2022, the average export price for seamless casing, tubing and drill oil or gas pipes of stainless steel amounted to $X per ton, surging by X% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seamless casing, tubing and drill oil or gas pipes of stainless steel increased by X% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (X%), while the prices for the other major destinations experienced a decline.
Imports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel
Imports into Canada
In 2022, supplies from abroad of seamless casing, tubing and drill oil or gas pipes of stainless steel decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports faced a deep setback. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, imports of seamless casing, tubing and drill oil or gas pipes of stainless steel fell remarkably to $X in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2021, and then contracted significantly in the following year.
Imports by Country
China (X tons), the United States (X tons) and France (X tons) were the main suppliers of imports of seamless casing, tubing and drill oil or gas pipes of stainless steel to Canada, together comprising X% of total imports. The United Arab Emirates, Germany and Japan lagged somewhat behind, together accounting for a further X%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest seamless casing, tubing and drill oil or gas pipe of stainless steel suppliers to Canada were China ($X), the United States ($X) and France ($X), together accounting for X% of total imports.
France, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for seamless casing, tubing and drill oil or gas pipes of stainless steel stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for seamless casing, tubing and drill oil or gas pipe of stainless steel in Canada. 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 24201210 - Casing, tubing and drill pipe, of a kind used in the drilling for oil or gas, seamless, of stainless steel
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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