HS Code:
The 'Threaded Pipe' category, typically classified under HS Code 7306.30 or related subcategories, includes steel or iron pipes and tubes that are threaded for joining purposes. These products are widely used in industries such as construction, oil and gas, and water supply systems for transporting fluids or gases under pressure. Threaded pipes are essential for infrastructure projects and industrial applications due to their durability and ease of installation.
Total Trade Volume
USD 5.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 1.8 billion
34.6% of total trade
Increasing
USD 750 million
14.4% of total trade
Stable
USD 620 million
11.9% of total trade
Increasing
USD 480 million
9.2% of total trade
Stable
USD 350 million
6.7% of total trade
Increasing
Average Rate
5.8%
Highest Rate
25% (imposed by certain developing countries on imports to protect local industries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand in renewable energy projects
Increased use of threaded pipes in solar and wind farm infrastructure for fluid transport systems has boosted trade volumes, especially in Europe and North America.
2021-2022
Shift towards sustainable materials
Manufacturers are adopting eco-friendly coatings and corrosion-resistant materials, influencing cost structures and trade preferences in environmentally conscious markets.
2020-2022
Supply chain disruptions due to geopolitical tensions
Trade routes and pricing have been affected by conflicts and sanctions, particularly impacting steel exports from Eastern Europe and Asia.
2022
The United States introduced a 15% tariff on threaded steel pipes from China, citing unfair trade practices and overcapacity in the Chinese steel market.
March 2023
This is expected to reduce Chinese exports to the US by 20%, redirecting trade flows to alternative markets like Southeast Asia.
The European Union implemented stricter environmental standards for steel production, requiring threaded pipe manufacturers to adopt low-carbon technologies.
January 2023
Smaller exporters may face compliance challenges, potentially consolidating market share among larger, EU-based producers.
India announced a $1.4 trillion infrastructure investment plan, increasing domestic demand for threaded pipes and related materials.
September 2022
This has led to a surge in imports from China and South Korea, with trade volumes expected to grow by 15% annually through 2025.