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US OCTG imports fell in 2023, line pipe up slightly

  • Market: Metals, Pipe and tube
  • 14/02/24

US imports of oil country tubular goods (OCTG) fell in 2023 while line pipe imports rose slightly.

  • OCTG imports fell by 8.2pc year-over-year but are still at the second-highest level in at least the last four years, according to data from the US Department of Commerce.
  • Taiwan led the overall OCTG volume declines, down by 85,500t year over year, followed by a 70,800t drop from Mexico. Imports from Thailand more than doubled, increasing by 95,400t, while Canadian imports rose by 83,100t.
  • Line pipe imports edged up by 0.3pc or more than 3,000 metric tonnes (t) from their 2022 levels and are up by 47pc compared with 2021 volumes.
  • Turkey boosted its line pipe volumes into the US by 23,300t, nearly tripling its prior-year total, while Brazil more than doubled its volumes, increasing them by 22,400t.
  • Structural pipe imports increased by 2.2pc in 2023 to 425,600t, a 9,300t increase.
  • Mechanical pipe imports fell by 2.6pc to 613,400t, a 16,300t decline.

US pipe and tube importsmetric tonnes
Product20232022Difference±%
OCTG2,215,0802,412,983-197,903-8.2%
Line pipe1,027,7341,024,3713,3630.3%
Standard756,060827,491-71,431-8.6%
Heavy Structural Shapes686,668723,676-37,008-5.1%

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