Belgium: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Belgium

The Belgian market for flexible tubes, pipes and hoses of plastics, with fittings shrank sharply to $X in 2022, with a decrease of -17.8% against the previous year. Overall, consumption, however, saw a measured increase. As a result, consumption reached the peak level of $X, and then contracted rapidly in the following year.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Belgium

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings contracted significantly to $X in 2022 estimated in export price. In general, production showed a pronounced slump. The pace of growth was the most pronounced in 2019 when the production volume increased by 116%. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports from Belgium

In 2022, overseas shipments of flexible tubes, pipes and hoses of plastics, with fittings decreased by -52.6% to X tons, falling for the second year in a row after four years of growth. In general, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 377%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings contracted significantly to $X in 2022. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 241% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with fittings from Belgium, with a combined 71% share of total exports. Romania, Luxembourg, Spain and the United States lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +98.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the largest markets for flexible tubes, pipes and hoses of plastics, with fittings exported from Belgium worldwide, with a combined 46% share of total exports. Romania, Spain, the United States and Luxembourg lagged somewhat behind, together comprising a further 13%.

In terms of the main countries of destination, Romania, with a CAGR of +69.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, dropping by -14.7% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flexible tubes, pipes and hoses of plastics, with fittings increased by +63.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 92%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 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 United States ($X per ton), while the average price for exports to Luxembourg ($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 France (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports into Belgium

In 2022, supplies from abroad of flexible tubes, pipes and hoses of plastics, with fittings decreased by -15.7% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 70% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2021, and then fell dramatically in the following year.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings declined remarkably to $X in 2022. In general, imports, however, showed moderate growth. The most prominent rate of growth was recorded in 2018 when imports increased by 66% against the previous year. Imports peaked at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

The Netherlands (X tons), Germany (X tons) and China (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to Belgium, with a combined 93% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +39.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and China ($X) constituted the largest flexible tubes, pipes and hoses of plastics, with fittings suppliers to Belgium, together comprising 71% of total imports.

China, with a CAGR of +42.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, reducing by -5% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 49%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, 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 France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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