Austria: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Austria

In 2022, after two years of growth, there was decline in the Austrian market for rigid tubes, pipes and hoses of polymers of vinyl chloride, when its value decreased by -1.1% to $X. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined modestly in the following year.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Austria

In value terms, vinyl chloride polymer rigid pipes production declined to $X in 2022 estimated in export price. In general, production saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 35%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Austria

In 2022, overseas shipments of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -19.4% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2019 with an increase of 51%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, vinyl chloride polymer rigid pipes exports dropped rapidly to $X in 2022. Overall, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 110% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Austria, accounting for a 34% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), threefold. The third position in this ranking was taken by Croatia (X tons), with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+10.9% per year) and Croatia (+15.3% per year).

In value terms, Germany ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of vinyl chloride exports from Austria, comprising 37% of total exports. The second position in the ranking was held by Hungary ($X), with a 9.4% share of total exports. It was followed by the Czech Republic, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+13.0% per year) and the Czech Republic (+8.2% per year).

Export Prices by Country

In 2022, the average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, with an increase of 4.6% against the previous year. Over the period under review, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 90%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Slovenia ($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 the UK (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Austria

After two years of growth, supplies from abroad of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -4.5% to X tons in 2022. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by 30% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted slightly in the following year.

In value terms, vinyl chloride polymer rigid pipes imports expanded markedly to $X in 2022. Over the period under review, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Germany (X tons), Italy (X tons) and Hungary (X tons) were the main suppliers of vinyl chloride polymer rigid pipes imports to Austria, together comprising 87% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +45.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Austria, comprising 63% of total imports. The second position in the ranking was taken by Italy ($X), with a 17% share of total imports. It was followed by Hungary, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.3% per year) and Hungary (+33.4% per year).

Import Prices by Country

The average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, rising by 14% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 21% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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