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Pricing

Tubes, pipes and hollow profiles, of cast iron

7303 (Harmonized System 1992 for 4-digit)

2022
World Trade $2.04BRnk 771 / 1218
2022
Top Exporter | Top Importer $501M | $284MChina | Kuwait
2022
Product Complexity -0.096Rnk 587 / 1033
2021 - 2022
Export Growth (CAGR) 17.6%Rnk 231 / 1218
2022
Share of World Trade 0.0086%Rnk 771 / 1218

About

Overview This page contains the latest trade data of Cast Iron Pipes. In 2022, Cast Iron Pipes were the world's 771st most traded product, with a total trade of $2.04B. Between 2021 and 2022 the exports of Cast Iron Pipes grew by 17.6%, from $1.74B to $2.04B. Trade in Cast Iron Pipes represent 0.0086% of total world trade.

Cast Iron Pipes are a part of Iron or steel articles. They include Tubes, pipes and hollow profiles, of cast iron.

Exports In 2022 the top exporters of Cast Iron Pipes  were China ($501M), France ($279M), United Arab Emirates ($271M), India ($221M), and Germany ($135M).

Imports In 2022 the top importers of Cast Iron Pipes were Kuwait ($284M), France ($119M), Germany ($94.6M), Saudi Arabia ($81.9M), and Italy ($76.6M).

Ranking Cast Iron Pipes ranks 587th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cast Iron Pipes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$501M
Top Destination (2022)Kuwait$284M

In 2022 Cast Iron Pipes were the world's 771st most traded product (out of 1,218).

In 2022, the top exporters of Cast Iron Pipes were China ($501M), France ($279M), United Arab Emirates ($271M), India ($221M), and Germany ($135M).

In 2022, the top importers of Cast Iron Pipes were Kuwait ($284M), France ($119M), Germany ($94.6M), Saudi Arabia ($81.9M), and Italy ($76.6M).

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Exporters of Cast Iron Pipes (2022)
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Importers of Cast Iron Pipes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$94.2M
Top Destination Growth (2021 -  2022)Kuwait$169M

Between 2021 and 2022, the exports of Cast Iron Pipes grew the fastest in China ($94.2M), United Arab Emirates ($68.3M), Saudi Arabia ($52.9M), India ($38.6M), and France ($35.7M).

Between 2021 and 2022, the fastest growing importers of Cast Iron Pipes were Kuwait ($169M), Bangladesh ($28.9M), United States ($25M), Hungary ($20.5M), and France ($20.1M).

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Exporters of Cast Iron Pipes (2021 - 2022)

Importers of Cast Iron Pipes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cast Iron Pipes.

In 2022, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Cast Iron Pipes are explained by 13 countries.

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Value of Exports in Cast Iron Pipes

Net Trade

TOP NET EXPORTER (2022)China$494M
TOP NET IMPORTER (2022)Kuwait$284M

This map shows which countries export or import more of Cast Iron Pipes. Each country is colored based on the difference in exports and imports of Cast Iron Pipes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cast Iron Pipes were China ($494M), United Arab Emirates ($246M), India ($218M), France ($160M), and Spain ($67.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Cast Iron Pipes were Kuwait ($284M), Italy ($58.3M), Canada ($52.7M), Switzerland ($42.4M), and Hong Kong ($41.8M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cast Iron Pipes.
It is possible to select the main countries that export or import Cast Iron Pipes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cast Iron Pipes by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALOman+ $625k
TOP IMPORT POTENTIALChina+ $2.95M

Cast Iron Pipes’s highest export potential is Oman. With an export gap of $625k.  Cast Iron Pipes’s highest import potential is China with an import gap of $2.95M.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Cast Iron Pipes.

Country by Relatedness

The following visualization shows the relatedness of Cast Iron Pipes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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