Austria: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Austria

After two years of growth, the Austrian market for other plastic tubes, pipes and hoses decreased by -18.5% to $X in 2022. Over the period under review, consumption, however, enjoyed a strong increase. Consumption of peaked at $X in 2021, and then declined remarkably in the following year.

Production of Other Plastic Tubes, Pipes and Hoses in Austria

In value terms, production of other plastic tubes, pipes and hoses soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate resilient growth. The growth pace was the most rapid in 2016 with an increase of 45% against the previous year. Over the period under review, production of hit record highs in 2022 and is likely to see steady growth in the near future.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Austria

In 2022, approx. X tons of other plastic tubes, pipes and hoses were exported from Austria; with an increase of 1.9% compared with 2021. Overall, exports continue to indicate a strong increase. The growth pace was the most rapid in 2019 when exports increased by 72%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of other plastic tubes, pipes and hoses surged to $X in 2022. Over the period under review, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 36% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for exports of other plastic tubes, pipes and hoses from Austria, accounting for a 44% share of total exports. Moreover, exports of other plastic tubes, pipes and hoses to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. Hungary (X tons) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+40.4% per year) and Hungary (+12.4% per year).

In value terms, Germany ($X) remains the key foreign market for other plastic tubes, pipes and hoses exports from Austria, comprising 43% of total exports. The second position in the ranking was held by Italy ($X), with a 10% share of total exports. It was followed by Hungary, with a 4.7% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+34.2% per year) and Hungary (+13.8% per year).

Export Prices by Country

The average export price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, surging by 15% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 38% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Austria

After five years of growth, overseas purchases of other plastic tubes, pipes and hoses decreased by -4.6% to X tons in 2022. Overall, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2019 when imports increased by 29% against the previous year. Imports peaked at X tons in 2021, and then declined slightly in the following year.

In value terms, imports of other plastic tubes, pipes and hoses reduced to $X in 2022. Over the period under review, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest other plastic tubes, pipes and hoses supplier to Austria, accounting for a 58% share of total imports. Moreover, imports of other plastic tubes, pipes and hoses from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+13.3% per year) and Italy (-1.7% per year).

In value terms, Germany ($X) constituted the largest supplier of other plastic tubes, pipes and hoses to Austria, comprising 58% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 17% share of total imports. It was followed by Italy, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+14.1% per year) and Italy (+1.8% per year).

Import Prices by Country

The average import price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, remaining constant against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 16%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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