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Hong Kong SAR, China - Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: 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 Hong Kong SAR, China
The Hong Kong market for seamless casing, tubing and drill oil or gas pipes of stainless steel surged to $X in 2023, with an increase of X% against the previous year. In general, consumption, however, saw a strong expansion. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.
Production of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel in Hong Kong SAR, China
In value terms, production of seamless casing, tubing and drill oil or gas pipes of stainless steel skyrocketed to $X in 2023 estimated in export price. In general, production saw a strong expansion. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.
Exports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel
Exports from Hong Kong SAR, China
In 2023, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel from Hong Kong SAR surged to X tons, rising by X% compared with the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel skyrocketed to $X in 2023. Over the period under review, exports continue to indicate a significant expansion. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.
Exports by Country
Nigeria (X tons) was the main destination for exports of seamless casing, tubing and drill oil or gas pipes of stainless steel from Hong Kong SAR, accounting for a X% share of total exports. Moreover, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel to Nigeria exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was taken by Fiji (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Nigeria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Fiji (X% per year).
In value terms, China ($X) emerged as the key foreign market for seamless casing, tubing and drill oil or gas pipes of stainless steel exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by Nigeria ($X), with an X% share of total exports. It was followed by Fiji, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Fiji (X% per year).
Export Prices by Country
In 2023, the average export price for seamless casing, tubing and drill oil or gas pipes of stainless steel amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2023, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel
Imports into Hong Kong SAR, China
Imports of seamless casing, tubing and drill oil or gas pipes of stainless steel into Hong Kong SAR fell rapidly to X tons in 2023, dropping by X% compared with the previous year. Overall, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of seamless casing, tubing and drill oil or gas pipes of stainless steel contracted sharply to $X in 2023. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports of remained at a lower figure.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of seamless casing, tubing and drill oil or gas pipe of stainless steel to Hong Kong SAR, accounting for a X% share of total imports. Moreover, imports of seamless casing, tubing and drill oil or gas pipes of stainless steel from China exceeded the figures recorded by the second-largest supplier, Singapore (X kg), fourfold. Australia (X kg) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Australia (X% per year).
In value terms, the largest seamless casing, tubing and drill oil or gas pipe of stainless steel suppliers to Hong Kong SAR were China ($X), Singapore ($X) and Australia ($X), together accounting for X% of total imports.
Australia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2023, the average import price for seamless casing, tubing and drill oil or gas pipes of stainless steel amounted to $X per ton, increasing by X% against the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for seamless casing, tubing and drill oil or gas pipe of stainless steel in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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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