Benelux: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Benelux

The Benelux market for plastics pipes and pipe fittings stood at $X in 2022, picking up by 2.8% against the previous year. Over the period under review, consumption, however, recorded a mild setback. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Plastics Pipes And Pipe Fittings in Benelux

In value terms, plastics pipe and pipe fitting production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2020 when the production volume increased by 27% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports in Benelux

In 2022, the amount of plastics pipes and pipe fittings exported in Benelux fell slightly to X tons, dropping by -4.4% against 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of X tons, and then dropped modestly in the following year.

In value terms, plastics pipe and pipe fitting exports fell to $X in 2022. Total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.0% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, the Netherlands (X tons) was the major exporter of plastics pipes and pipe fittings, committing 71% of total exports. It was distantly followed by Belgium (X tons), committing a 25% share of total exports. Luxembourg (X tons) took a minor share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of plastics pipes and pipe fittings. At the same time, Belgium (+2.2%) and Luxembourg (+1.0%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +2.2% from 2012-2022. While the share of Belgium (+3.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (-3.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest plastics pipe and pipe fitting supplier in Benelux, comprising 70% of total exports. The second position in the ranking was taken by Belgium ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at +2.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (+3.7% per year) and Luxembourg (+1.4% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, shrinking by -2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 when the export price increased by 17%. As a result, the export price reached the peak level of $X per ton, and then shrank slightly in the following year.

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 ($X per ton), while Luxembourg ($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 (+2.8%), while the other leaders experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports in Benelux

After six years of growth, overseas purchases of plastics pipes and pipe fittings decreased by -13.3% to X tons in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.2% 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 +59.8% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, plastics pipe and pipe fitting imports reduced slightly to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +87.5% against 2015 indices. The growth pace was the most rapid in 2021 when imports increased by 26%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) dominates imports structure, together mixing up 96% of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of +5.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of +7.3%, recorded the highest rates of growth with regard to the value of imports, among 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, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while Belgium ($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 (+5.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform