Benelux: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Benelux

In 2022, the Benelux market for flexible tubes, pipes and hoses of plastics, without fittings increased by 117% to $X, rising for the second year in a row after two years of decline. In general, consumption enjoyed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Benelux

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings expanded modestly to $X in 2022 estimated in export price. Overall, production, however, showed a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 56% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports in Benelux

In 2022, after two years of growth, there was decline in shipments abroad of flexible tubes, pipes and hoses of plastics, without fittings, when their volume decreased by -1.9% to X tons. Over the period under review, exports showed a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 29%. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings dropped notably to $X in 2022. Overall, exports, however, recorded a slight expansion. The growth pace was the most rapid in 2020 when exports increased by 29% against the previous year. The level of export peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

In 2022, the Netherlands (X tons) represented the largest exporter of flexible tubes, pipes and hoses of plastics, without fittings, mixing up 79% of total exports. It was distantly followed by Belgium (X tons), committing a 21% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to flexible tubes, pipes and hoses of plastics, without fittings exports from the Netherlands stood at -6.0%. At the same time, Belgium (+2.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +2.7% from 2012-2022. From 2012 to 2022, the share of Belgium increased by +11 percentage points.

In value terms, the largest flexible tubes, pipes and hoses of plastics, without fittings supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

Belgium, with a CAGR of +1.0%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, dropping by -26.4% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.0% 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, without fittings decreased by -28.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by 37%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.1%).

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports in Benelux

For the fourth year in a row, Benelux recorded growth in overseas purchases of flexible tubes, pipes and hoses of plastics, without fittings, which increased by 1.5% to X tons in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.8% against 2015 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 31% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings fell to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.7% against 2015 indices. The pace of growth was the most pronounced in 2013 with an increase of 24%. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) prevails in fittings structure, together constituting 97% of total imports. Luxembourg (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +4.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, without fittings importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

The Netherlands, with a CAGR of +8.8%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, waning by -11.9% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2015 when the import price increased by 26%. The level of import peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($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 (+8.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform