UAE’s Welded Steel Pipe Market Outlook Report
10,027€
- TRY: 365,000 ₺
Produced in different sizes, welded steel pipes have various applications in a number of industries. Infrastructure is the largest consumer of welded steel pipes in the oil and gas industry. Steel pipes are also used in central heating systems, air conditioning, as well as low-pressure oil transfer, while galvanized pipes are used in water supply systems. Moreover, stainless steel pipes are used to transfer liquids such as hot water, sulfur, chemicals and petrochemicals, food and drugs, oil and gas processing, wastewater systems, and water treatment equipment.
Product Description
With a per-capita GDP of $61,000 in 2019, the United Arab Emirates was the second largest economy in the region that year, behind Qatar. Despite being the most diverse economy in the Gulf Cooperation Council (GCC), the country is still reliant on oil. Oil and petrochemicals account for a major portion (more than half) of the country’s exports. Gold, diamond, and pearl (as jewelry) account for a quarter of exports from the country. With a history of over 20 years in the UAE, the iron and steel industry accounts for 2% of the country’s exports. Downstream iron and steel products constitute the major share of exports in the industry.
Market drivers of the UAE’s welded steel pipes
The production and consumption of crude steel requires energy; the industry has always been ranked as an energy-intensive sector. Access to cheap energy in the UAE can significantly reduce production costs. This has driven developments in the country’s iron and steel industry over the past years; the per-capita consumption of crude steel in the UAE is above the global average, but still below countries with developed iron and steel industries. Thus, the availability of cheap energy is expected to continue to support further development of the industry in the UAE and boost crude steel demand as a result. The consumption of welded steel pipes in the oil and gas industry is one of the most important applications of these products; the mechanical properties of welded steel pipe have resulted in considerable demand.
The UAE reported its first case of Covid-19 in February 2020. Not much longer, in March, social distancing and lockdowns were implemented. As a result, the country’s mobility index dropped to around 60%. As the pandemic continued to spread, lockdowns were extended into mid-April, but activities were gradually resumed under certain protocols. The country is now past the first wave of Covid-19, but many are still forecasting worse to come in the coming months. Thus, lockdowns are expected to continue, albeit temporarily, disrupting industrial performance and eventually lead to a decline in demand for crude steel.
Overview of the UAE’s welded steel pipe market
Over the past years, capacities for welded steel pipes have been developed in the UAE. In order to reduce imports, more capacities are needed. The country has mostly imported welded steel pipes over the past years, with limited exports. Based on estimates, the country’s net imports are expected to decline as the output of crude steel and consequently other products such as HRC (as raw material for welded steel pipe production) and welded steel pipes increases.
Breakdown of the UAE’s welded steel pipe market
Domestic demand for welded steel pipes in the forecast timeframe as well as the previous period has been broken down using three factors. The first factor breaks down the market into three categories: carbon steel, alloy steel, and stainless steel. Past and future trends for each type of material have been analyzed. Carbon steel welded pipes hold the largest share of the market. In the second breakdown, products are distinguished based on diameter: greater than 16 inches and smaller than 16 inches; welded steel pipes with diameters smaller than 16 inches hold the largest market share. Finally, using the third factor, welded steel pipes are categorized based on their applications in different industries. Infrastructure is the largest consumer of welded steel pipes in the UAE.
Key players in the UAE’s welded steel pipe market
- Al Gharbia
- ADPICO
Additional Information
Industry | Steel Pipe |
---|---|
Region | United Arab Emirates |
Report Type | Industry Report |
Reasons to Buy
- Recognize the geographical distribution of import demand
- Identify the current and future key players of the trading market
- Achieve a better insight on potential target markets
- Understand the behavior of major suppliers/customers either globally or regionally
- Identify competitors as a feed for market analysis
Table of Content
- Executive summary
- Introduction
- Objective
- Market under study
- Product
- Product specifications
- Consumption structure
- Applications
- Physical properties
- Subjects discussed
- Geographical scope under study
- Study timeframe
- Study currency
- Potential audience
- Market dynamics
- Market drivers
- Restraints
- Opportunities
- Challenges
- Market overview
- Market size
- Industry capacities
- Existing capacities
- Capacity distribution
- Geographical distribution of capacities
- Future capacities
- Existing capacities
- Output
- Output trends
- Operating rates
- Consumption
- Consumption trend
- Consumption Share of domestic product
- Trade
- Exports
- Imports
- Trade balance
- Market balance
- Market breakdown by product type
- Market breakdown by product type
- Market breakdown by application
- Inventory
- Producers inventory
- Consumers inventory
- Traders inventory
- Market outlook
- Market factors
- Raw materials
- Costs and prices
- Competition
- The government
- Other factors
- Future scenarios
- Risks to forecast
- Market factors
- Consumer markets
- End-user markets
- Building construction
- Infrastructure construction
- Transportation manufacturing
- Industrial equipment manufacturing
- Durable goods manufacturing
- Consumable goods manufacturing
- Direct consumer markets
- Major Direct consumers
- Existing capacities
- Drivers
- Major Direct consumers
- End-user markets
- Export potentials
- Destinations
- Trade and insurance costs
- Import market suppliers
- Producers potential share
- Destinations
- Industry overview
- Raw materials
- The supply volume of raw materials
- Supply channels of raw materials
- Raw materials procurement costs
- Cost structure of producers
- Production cost curve
- Industry value added
- Generated new scrap
- Technology
- Raw materials
- Market landscape
- Domestic sales markets
- Pricing in the domestic market
- Potential domestic demand
- Trade agreements for imports
- Foreign suppliers
- Foreign sales market
- Prices
- Potential markets overview
- Trade agreements for exports
- Foreign customers
- Domestic sales markets
- Competitive landscape
- Producers
- Company profile
- Revenue structure
- Gross profit margins
- Capacity, output and sales
- Consumers
- Company profile
- Revenue structure
- Gross profit margins
- Capacity, output and sales
- Producers
- Market attractiveness
- Industry rivalry
- Threat of new entrants
- Threat of substitutes
- Bargaining power of buyers
- Bargaining power of suppliers
- Conclusion of Porter analysis
- PESTEL analysis
- Political factors
- Economic factors
- Social factors
- Technology factors
- Environmental factors
- Legal factors
- SWOT analysis
- Large-scale companies with favorable conditions
- Short-term strategies
- Long-term strategies
- Large-scale companies with unfavorable conditions
- Short-term strategies
- Long-term strategies
- Small enterprises with favorable conditions
- Short-term strategies
- Long-term strategies
- Small enterprises with unfavorable conditions
- Short-term strategies
- Long-term strategies
- Large-scale companies with favorable conditions
List of Figures
- Output and consumption; 2010-2019
- Market share of product applications; 2019
- Market surplus; 2019-2025
- Production process flowchart
- Market size; 2010-2025
- Existing capacity; 2010-2019
- Capacity distribution; 2019
- Geographic distribution of capacities; 2019
- Development of future capacity; 2010-2025
- Amount of output; 2010-2025
- Operating rates of production plants; 2010-2025
- Amount of consumption; 2010-2025
- Consumption share of domestic product; 2010-2025
- Exports of product; 2010-2019
- Imports of product; 2010-2019
- Historical trade balance; 2010-2019
- Future Market balance; 2020-2025
- Market output breakdown by alloy type; 2010-2025
- Market consumption breakdown by alloy type; 2010-2025
- Market balance breakdown by alloy type; 2010-2025
- Market output breakdown by product type; 2010-2025
- Market consumption breakdown by product type; 2010-2025
- Market balance breakdown by product type; 2010-2025
- Market consumption breakdown by application; 2010-2025
- Inventories of raw materials and products at producers factories; 2010-2019
- Consumers’ inventory of product; 2010-2019
- Traders’ inventory; 2010-2019
- Production forecast, according to raw materials and sales analysis; 2019-2025
- Market surplus; 2019-2025
- The share of end-user industries in the consumption; 2010 and 2019
- Changes in the end-consumption of extrusion products; 2019 vs 2025
- Applications in building construction industry; 2019
- Applications in infrastructure construction industry; 2019
- Applications in transportation manufacturing industry; 2019
- Applications in industrial equipment manufacturing industry; 2019
- Applications in durable goods manufacturing industry; 2019
- Applications in consumable goods manufacturing industry; 2019
- Capacity distribution structure of direct consumers; 2019
- Existing capacities of direct consumers in each province; 2019
- Suppliers of the export potential destination; 2019
- Historical exports to the export potential destination and future potential; 2016-2025
- Up-stream domestic supply; 2010-2019
- Raw materials domestic supply; 2010-2019
- Supply channels of producer plants
- Spot price of raw material in the market; 2010-2025
- Cash cost structure for production the product; 2019
- Production cost curve of the plants; 2019
- Gross value added of the industry; 2010-2019
- Generated new scrap; 2010-2019
- Sales channels
- Realized price of the product in the market; 2010-2025
- Potential demand of each province; 2019
- The main foreign suppliers to the market; 2010-2019
- FOB price vs domestic market; 2010-2025
- Map of global major importers > 20,000t; 2019
- Major foreign customers; 2010-2019
- Revenue structure of the producers; FY2019
- Sales income and gross profit margin of the producers; FY2010-2019
- Output and sales of the producers; FY2010-2019
- Revenue structure of the consumers; FY2019
- Sales income and gross profit margin of the consumers; FY2010-2019
- Output and sales of the consumers; FY2010-2019
- SWOT matrix for large-scale companies with favorable conditions
- Strategies positioning for large-scale companies with favorable conditions
- SWOT matrix for large-scale companies with unfavorable conditions
- Strategies positioning for large-scale companies with unfavorable conditions
- SWOT matrix for small enterprises with favorable conditions
- Strategies positioning for small enterprises with favorable conditions
- SWOT matrix for small enterprises with unfavorable conditions
- Strategies positioning for small enterprises with unfavorable conditions