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

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

The Belgian market for other plastic tubes, pipes and hoses reduced to $X in 2022, shrinking by -7.5% against the previous year. In general, consumption, however, posted a moderate expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Other Plastic Tubes, Pipes and Hoses in Belgium

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, posted buoyant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Belgium

After two years of growth, overseas shipments of other plastic tubes, pipes and hoses decreased by -16.5% to X tons in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 15% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2021, and then fell significantly in the following year.

In value terms, exports of other plastic tubes, pipes and hoses dropped notably to $X in 2022. The total export value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, the exports attained the peak of $X, and then dropped significantly in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for exports of other plastic tubes, pipes and hoses from Belgium, with a 26% share of total exports. Moreover, exports of other plastic tubes, pipes and hoses to the Netherlands exceeded the volume sent to the second major destination, France (X tons), twofold. Germany (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+5.1% per year) and Germany (-2.4% per year).

In value terms, the largest markets for other plastic tubes, pipes and hoses exported from Belgium were the Netherlands ($X), Germany ($X) and France ($X), together accounting for 51% of total exports. Italy, Poland, Russia, Austria, Finland, the Czech Republic, Denmark, Algeria, Hungary and Switzerland lagged somewhat behind, together comprising a further 31%.

The Czech Republic, with a CAGR of +8.5%, 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 2022, the average export price for other plastic tubes, pipes and hoses amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 9.4% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Algeria ($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 (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Belgium

In 2022, purchases abroad of other plastic tubes, pipes and hoses decreased by -15% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, imports of other plastic tubes, pipes and hoses declined to $X in 2022. The total import value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 20%. Over the period under review, imports of attained the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

Italy (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of imports of other plastic tubes, pipes and hoses to Belgium, with a combined 74% share of total imports. Poland, Vietnam, Japan, the UK, Spain, France and China lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +380.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest other plastic tubes, pipes and hoses suppliers to Belgium were Germany ($X), Italy ($X) and the Netherlands ($X), with a combined 68% share of total imports. France, Japan, Vietnam, the UK, China, Poland and Spain lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, Vietnam, with a CAGR of +343.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, picking up by 6.3% against the previous year. In general, the import price, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 23%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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