Austria: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Austria

The Austrian ethylene polymer rigid pipes market soared to $X in 2021, growing by 21% against the previous year. The market value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Austria

In value terms, ethylene polymer rigid pipes production shrank to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 16% against the previous year. Ethylene polymer rigid pipes production peaked at $X in 2020, and then fell slightly in the following year.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from Austria

Ethylene polymer rigid pipes exports from Austria soared to X tons in 2021, picking up by 33% compared with 2020. Over the period under review, total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -4.9% against 2019 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 59% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, ethylene polymer rigid pipes exports soared to $X in 2021. In general, total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of ethylene polymer rigid pipes exports from Austria, with a combined 50% share of total exports. France, Poland, Switzerland, India, Chile, Slovenia, Sweden, Denmark, Hungary and Slovakia lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +158.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and France ($X) were the largest markets for ethylene polymer rigid pipes exported from Austria worldwide, with a combined 44% share of total exports. These countries were followed by the Netherlands, Switzerland, India, Poland, Chile, Sweden, Denmark, Slovenia, Hungary and Slovakia, which together accounted for a further 39%.

Chile, with a CAGR of +361.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average ethylene polymer rigid pipes export price amounted to $X per ton, increasing by 13% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 19% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into Austria

In 2021, approx. X tons of rigid tubes, pipes and hoses of polymers of ethylene were imported into Austria; increasing by 17% compared with the year before. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +22.1% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by 23% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, ethylene polymer rigid pipes imports surged to $X in 2021. In general, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +39.1% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest ethylene polymer rigid pipes supplier to Austria, accounting for a 64% share of total imports. Moreover, ethylene polymer rigid pipes imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Poland (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.0% per year) and Poland (+5.8% per year).

In value terms, Germany ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of ethylene to Austria, comprising 67% of total imports. The second position in the ranking was held by Italy ($X), with an 8.9% share of total imports. It was followed by Switzerland, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.4% per year) and Switzerland (+16.7% per year).

Import Prices by Country

In 2021, the average ethylene polymer rigid pipes import price amounted to $X per ton, with an increase of 21% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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