USA increased pipes import from Ukraine by 31.4% y/y in January-October

In January-October 2023, the United States increased imports of pipes from Ukraine by 31.4% compared to the same period in 2022, to 86.47 thousand tons. Import costs for this period increased by 22.2% y/y – up to $169 million. This is evidenced by UN Comtrade data.

The bulk of imports came from pipes, tubes and seamless profiles of ferrous metals (HS 7304) – 86.46 thousand tons (+32% y/y). A small part of the imports was accounted for by other pipes, tubes and profiles of hollow ferrous metals.

In October 2023, American buyers consumed 4.24 thousand tons of pipes from Ukraine, which is 77% less than in October 2022 and 27% less than in the previous month. Overall, in October, the US imported the smallest volume of pipes since August, when only 0.011 thousand tons of Ukrainian pipes were shipped to American consumers.

The average monthly volume of imports of Ukrainian pipes to the United States in January-October amounted to 8.65 thousand tons, compared to 6.55 thousand tons in January-October 2022.

In January-October, Ukrainian pipe companies exported 305.41 thousand tons of pipes worth $516.73 million. Revenues from sales abroad fell by 12.6% year-on-year, while exports decreased by 12.3%.

The main consumers of Ukrainian pipes are Germany, the US, Romania and Poland.

As GMK Center reported earlier, from August 3, 2023, the United States established weighted average dumping margin for OCTG pipes from Ukraine in the amount of 4.89%. In addition, the States chose the former anti-dumping duty in the amount of 4.99% on seamless pipes of Ukrainian production.