Global Cement Pipe Market
In value terms, cement pipe production rose modestly to $ in estimated in export price. Over the period under review, the total production indicated a measured increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of %. As a result, production reached the peak level of $. From to , global production growth remained at a somewhat lower figure.
China ( tons) remains the largest cement pipe producing country worldwide, comprising approx. % of total volume. Moreover, cement pipe production in China exceeded the figures recorded by the second-largest producer, the United States ( tons), twofold. The third position in this ranking was taken by India ( tons), with a % share.
From 2007 to , the average annual rate of growth in terms of volume in China amounted to +%. In the other countries, the average annual rates were as follows: the United States (-% per year) and India (+% per year).
The global cement pipe market size reached $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $. From to , the growth of the global market remained at a somewhat lower figure.
From 2007 to , the biggest increases were in China (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($) led the market, alone. The second position in the ranking was held by India ($). It was followed by the United States.
In China, the cement pipe market increased at an average annual rate of +% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of market growth: India (+% per year) and the United States (-% per year).
The countries with the highest levels of cement pipe per capita consumption in were Italy ( kg per person), the United States ( kg per person) and Iran ( kg per person).
From 2007 to , the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by China (with a CAGR of +%), while consumption for the other global leaders experienced a decline in the per capita consumption figures.