China's steel pipe exports hit a new high
Publishing time.
Feb 13,2025
Growth reasons: Driven by foreign infrastructure demand and oil and gas exploitation demand, is the main reason for the growth of China's steel pipe exports.
In 2024, China's steel pipe exports hit a record high, and exports increased significantly in the Middle East and Southeast Asian markets, especially the UAE and Saudi Arabia, with cumulative exports reaching 8.659 million tons from January to October, an increase of 6.56%. According to data from the General Administration of Customs, PRC, from January to October 2024, China's cumulative export volume of steel pipes was 8.659 million tons, an increase of 6.56%, and the monthly export volume reached 1.057 million tons in October, breaking through the 1 million tons mark for the first time. Export market: The main export market of China's steel pipe is concentrated in the Middle East, Southeast Asia and Asia, and the export volume of the top10 steel pipe exporting countries accounted for 41.26% of the total export volume from January to October 2024. In addition to the United Arab Emirates and Saudi Arabia, Indonesia, the Philippines, Thailand, India, South Korea and other important exporters. In terms of export price: the average price of steel pipes exported to Saudi Arabia from January to October 2024 exceeded $1,200 / ton, which was more than 15% higher than the average price of steel pipe exports. In terms of trade mode: steel pipe export trade is dominated by general trade, and the proportion of steel pipe exports in general trade mode from January to October 2024 is 97.05%. Growth reasons: Driven by foreign infrastructure demand and oil and gas exploitation demand, is the main reason for the growth of China's steel pipe exports.
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