Belgium: 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 Belgium

The Belgian ethylene polymer rigid pipes market soared to $X in 2021, surging by 23% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

In value terms, ethylene polymer rigid pipes production rose notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 12% against the previous year. Over the period under review, production attained the maximum level in 2021 and is expected to retain growth in years to come.

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

Exports from Belgium

In 2021, the amount of rigid tubes, pipes and hoses of polymers of ethylene exported from Belgium rose slightly to X tons, increasing by 3.7% against the year before. The total export volume increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by 16% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, ethylene polymer rigid pipes exports surged to $X in 2021. In general, total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% 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 increased by +83.9% against 2015 indices. The pace of growth was the most pronounced in 2014 with an increase of 29% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of ethylene polymer rigid pipes exports from Belgium, together accounting for 72% of total exports. The UK, Austria, Luxembourg and the United States lagged somewhat behind, together comprising a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +51.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ethylene polymer rigid pipes exported from Belgium were Germany ($X), the Netherlands ($X) and France ($X), together comprising 66% of total exports. The United States, the UK, Austria and Luxembourg lagged somewhat behind, together accounting for a further 23%.

Among the main countries of destination, the United States, with a CAGR of +48.0%, recorded 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 ethylene polymer rigid pipes export price stood at $X per ton in 2021, with an increase of 19% against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Austria ($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 the Netherlands (+2.8%), 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 Belgium

In 2021, the amount of rigid tubes, pipes and hoses of polymers of ethylene imported into Belgium contracted to X tons, remaining relatively unchanged against the year before. Over the period under review, total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +3.9% 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 +76.3% against 2015 indices. The growth pace was the most rapid in 2016 with an increase of 33% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then fell slightly in the following year.

In value terms, ethylene polymer rigid pipes imports skyrocketed to $X in 2021. Overall, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +15.2% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 22% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Italy (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of ethylene polymer rigid pipes imports to Belgium, with a combined 83% share of total imports. France, Poland and Luxembourg lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +34.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) were the largest ethylene polymer rigid pipes suppliers to Belgium, together accounting for 80% of total imports. These countries were followed by France, Poland and Luxembourg, which together accounted for a further 11%.

In terms of the main suppliers, Poland, with a CAGR of +28.4%, 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

In 2021, the average ethylene polymer rigid pipes import price amounted to $X per ton, rising by 18% against the previous year. Over the period under review, the import price, however, recorded a perceptible contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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