What this market covers
Large diameter line pipe of iron or steel, longitudinally arc welded, for oil or gas pipelines.
Typical segments
- LSAW pipe
- ERW large pipe
- Pipeline steel pipe
- Coated line pipe
Why this market is moving now
- World trade shrank 17% from 2019 to 2024, a direct read on cross-border demand.
- Russia is gaining ground: its exports rose 142% from 2019 to 2024, the fastest among the ten largest exporters.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| World exports of large welded line pipe (HS 730512) were worth $581.2 million in 2024. | 581.2 USD million | 2024 | |
| World exports were 17% lower in 2024 than in 2019 ($703.5 million), calculated from the annual totals. | -17 % since 2019 | 2024 | |
| South Korea was the largest exporter in 2024, with 28% of world exports ($161.0 million). | 28 % of world exports | 2024 | |
| The three largest exporters, South Korea, Germany and Russia, shipped 53% of world exports in 2024. | 53 % of world exports | 2024 | |
| The United States was the largest importer in 2024, buying $183.3 million, or 32% of world imports. | 32 % of world imports | 2024 | |
| 23 countries exported more than $1 million of this product in 2024. | 23 countries | 2024 | |
| The average world export price was about $1.50 per kilogram in 2024, calculated from value and weight. | 1.50 USD per kg | 2024 | |
| Countries exported 386.6 thousand tonnes of this product in 2024. | 386.6 thousand tonnes | 2024 | |
| Among the ten largest exporters, Russia grew fastest, with exports up 142% from 2019 to 2024. | +142 % since 2019 | 2024 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Buyers and suppliers
Who buys
- Pipeline operators
- Oil and gas firms
- Engineering contractors
Largest exporting countries, 2024
Largest importing countries, 2024
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
- Ready-to-use charts
- Method note and assumptions
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Frequently asked questions
How big is the global large welded line pipe market?
There is no single official market total. World exports of HS 730512 reached $581.2 million in 2024, a direct measure of cross-border trade.
Which countries export the most large welded line pipe?
South Korea led world exports in 2024 with 28% of the total, followed by Germany, Russia and Greece.
Which countries import the most large welded line pipe?
The United States was the largest importer in 2024, followed by Kazakhstan, Saudi Arabia and Kuwait.
Is world trade in large welded line pipe growing?
World exports were 17% lower in 2024 than in 2019.
What is the average export price of large welded line pipe?
Dividing world export value by weight gives about $1.50 per kilogram in 2024.
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