Belgium: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Belgium

The Belgian market for rigid tubes, pipes and hoses, of other polymers plummeted to $X in 2022, which is down by -26.1% against the previous year. In general, consumption recorded a perceptible contraction. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Belgium

In value terms, production of rigid tubes, pipes and hoses, of other polymers shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; 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 33% against the previous year. Over the period under review, production of reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Belgium

In 2022, shipments abroad of rigid tubes, pipes and hoses, of other polymers decreased by less than 0.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2017 with an increase of 29% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers contracted to $X in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 28% against the previous year. The exports peaked at $X in 2021, and then fell modestly in the following year.

Exports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main destinations of exports of rigid tubes, pipes and hoses, of other polymers from Belgium, together comprising 67% of total exports. China, Spain, the UK, the United States and the Netherlands lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +51.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and China ($X) constituted the largest markets for rigid tubes, pipes and hoses, of other polymers exported from Belgium worldwide, together accounting for 58% of total exports.

In terms of the main countries of destination, China, with a CAGR of +49.7%, saw the highest rates of growth with regard to 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 rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, falling by -2.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2014 an increase of 23%. The export price peaked at $X per ton in 2021, and then contracted modestly in the following year.

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 the Netherlands ($X per ton), while the average price for exports to Italy ($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 Netherlands (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Belgium

In 2022, purchases abroad of rigid tubes, pipes and hoses, of other polymers decreased by -21.8% to X tons, falling for the second year in a row after three years of growth. In general, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2016 with an increase of 45% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers shrank to $X in 2022. Overall, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Israel (X tons) and Germany (X tons) were the main suppliers of imports of rigid tubes, pipes and hoses, of other polymers to Belgium, together comprising 66% of total imports. France, Poland, Italy, the Czech Republic and the United Arab Emirates lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +36.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rigid tubes, pipes and hoses, of other polymers suppliers to Belgium were the Netherlands ($X), Germany ($X) and France ($X), with a combined 65% share of total imports. Israel, the Czech Republic, Italy, Poland and the United Arab Emirates lagged somewhat behind, together comprising a further 20%.

Among the main suppliers, Poland, with a CAGR of +9.6%, saw the highest rates of growth with regard to 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

In 2022, the average import price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, increasing by 14% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 18%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Poland ($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 United Arab Emirates (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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