According to data from the New Frontier Industry Research Center, the market size of China's LSAW Pipe will reach 1.85 billion US dollars in 2023, while the global sales of LSAW pipe market will be 8.792 billion US dollars in 2022. The Chinese market accounts for about 20.82% of the global market, and is expected to reach 2.03 billion US dollars by 2029, with a global share of 21.33%.

The position of Chinese LSAW Steel Pipe prices in the global market has the following characteristics:

Significant price advantage

Chinese LSAW steel pipes have strong competitiveness in terms of price due to factors such as large-scale production, mature industrial chain support, and relatively low labor costs. For example, in 2023, the LSAW steel pipe made of Q235 material from Hebei Ande Pipeline Co., Ltd. will start at 4165 yuan/ton, and the API 5L standard large-diameter straight seam submerged arc welded steel pipe from Hebei Aolande Steel Pipe Manufacturing Co., Ltd. will start at 4980 yuan/ton. Compared with similar products in the international market, the price is relatively low, which can provide overseas customers with a more cost-effective choice and occupy a large share in the mid to low end market.

Narrowing the price gap of high-end products

In the field of high-end LSAW steel pipe products, Chinese companies continue to increase their investment in technology research and development, resulting in significant improvements in product quality and performance. The gap with international advanced levels is gradually narrowing, and prices are gradually approaching international high-end products. Although internationally renowned brands still have certain price advantages in some special fields and high-end application scenarios, Chinese high-end products have strong market competitiveness, and some products have been exported to high-end markets such as Europe and America, gaining recognition from international customers.

Prices are influenced by the international market

China is a major producer and exporter of LSAW steel pipes, and the supply and demand relationship and price fluctuations in the international market have a significant impact on the Chinese market. When the global economic situation improves and industries such as oil and gas have strong demand, the international market's demand for LSAW steel pipes increases, driving up the export prices of Chinese steel pipes; On the contrary, when there is insufficient demand in the international market, Chinese steel pipe companies may lower prices appropriately in order to compete for market share.

The main export countries and regions of Chinese LSAW steel pipes include:

Middle East region: The region is rich in oil and natural gas resources, and there is a strong demand for LSAW steel pipes in energy development and infrastructure construction. Saudi Arabia, the United Arab Emirates and other countries' petrochemical and urban construction projects extensively use Chinese LSAW steel pipes for transporting oil and natural gas, as well as constructing related pipeline systems.

Southeast Asia region: Indonesia, Malaysia, the Philippines and other countries are in a stage of rapid economic development, with infrastructure construction constantly advancing. The demand for LSAW steel pipes in urban water supply, drainage, gas transmission and other fields continues to grow. China's LSAW steel pipes, with their cost-effectiveness advantages, occupy a certain market share in the local market.

African region: Nigeria, South Africa, Algeria and other African countries have invested heavily in oil and gas development and urban infrastructure construction in recent years, requiring a large amount of LSAW steel pipes for the construction of oil and gas pipelines and urban pipelines. Chinese steel pipes are popular among local customers due to their reasonable prices and reliable quality.

Europe and America: Although countries such as the United States and Canada have developed their own steel industries, they also import some LSAW steel pipes from China in certain specific fields and projects. Germany, the UK, Italy and other countries in Europe have a certain demand for high-quality LSAW steel pipes in industries such as construction and machinery manufacturing. China's high-end LSAW steel pipe products are gradually gaining recognition and export volume has increased.

Other Asia Pacific regions: In addition to the aforementioned countries and regions, Asia Pacific countries such as Australia, South Korea, and Japan are also export destinations for China's LSAW steel pipes. Australia's mineral resource development, South Korea's shipbuilding industry, and Japan's construction and machinery manufacturing industries all require a large amount of steel pipe products, and China's LSAW steel pipe provides diversified choices for them.

The main competitors of Chinese LSAW steel pipes in the international market are as follows:

Established steel companies in developed countries in Europe and America.

Europipe GmbH : As a leading steel pipe manufacturer in Europe, it has a profound foundation in technology research and product quality. Its LSAW steel pipes are widely used in important fields such as oil and gas in Europe. The product quality and performance are highly recognized, the brand awareness is high, and it has strong competitiveness in the high-end market.

ArcelorMittal : As one of the world's largest steel manufacturers, LSAW has advanced technology and rich experience in steel pipe production, with large-scale production capacity and a complete sales network. Its products occupy a large share in the European and American markets.

JFE Steel Corporation : Japan's large steel enterprises are at the world's leading level in steel production technology and product quality control. The LSAW steel pipes produced have excellent performance indicators such as strength and toughness, and are widely used in various engineering projects in the Japanese and international markets, especially in high-end manufacturing and energy fields, with strong competitiveness.

Steel companies in emerging economies

OMK : A large steel conglomerate in Russia has strong capabilities in the supply of steel pipes in energy fields such as oil and natural gas. Its LSAW steel pipes can meet the energy development and transportation needs of Russia and surrounding regions, and continuously invest in technological innovation and product upgrades, gradually enhancing its competitiveness in the international market.

Jindal Saw : One of the largest steel pipe manufacturers in India, while occupying a dominant position in the domestic market, actively expanding into the international market. Its LSAW steel pipe products have certain price advantages and can provide customers with cost-effective products and solutions. Its market share in Southeast Asia, the Middle East and other regions is gradually expanding.

Professional steel pipe manufacturers from other countries and regions

Chelpipe Group : A professional steel pipe production enterprise in Russia, specializing in the production of steel pipes for oil and gas. Its LSAW steel pipe products have reliable quality and meet international standards in technical performance. They are widely used in the oil and gas industry in Russia and the CIS countries, and are important competitors for Chinese enterprises in relevant regional markets.

Arabian Pipes Company : A well-known steel pipe manufacturer in the Middle East, with its geographical advantages and in-depth understanding of the local market, has strong competitiveness in oil, gas, and infrastructure construction projects in the Middle East. Its LSAW steel pipes can adapt well to the harsh environmental conditions in the Middle East, and their products are highly recognized in the local market.