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

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

The Benelux market for rigid tubes, pipes and hoses, of other polymers skyrocketed to $X in 2022, growing by 277% against the previous year. Overall, consumption posted perceptible growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of rigid tubes, pipes and hoses, of other polymers skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a measured expansion. The pace of growth was the most pronounced in 2013 when the production volume increased by 466%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

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

Exports in Benelux

Exports of rigid tubes, pipes and hoses, of other polymers contracted notably to X tons in 2022, reducing by -19.7% on the previous year's figure. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 22%. Over the period under review, the exports of attained the maximum 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 remarkably to $X in 2022. Over the period under review, exports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands was the major exporter of rigid tubes, pipes and hoses, of other polymers in Benelux, with the volume of exports amounting to X tons, which was near 61% of total exports in 2022. It was distantly followed by Belgium (X tons), making up a 39% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of -2.0%).

In value terms, the largest rigid tubes, pipes and hoses, of other polymers supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main exporting countries, Belgium, with a CAGR of +1.8%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, which is down by -11.6% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2015 when the export price increased by 36%. The level of export peaked at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.2%).

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

Imports in Benelux

In 2022, approx. X tons of rigid tubes, pipes and hoses, of other polymers were imported in Benelux; waning by -30% on 2021 figures. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 18% against the previous year. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers fell to $X in 2022. In general, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) dominates polymers structure, together achieving 90% of total imports. It was distantly followed by Luxembourg (X tons), comprising a 9.6% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of -3.8%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest rigid tubes, pipes and hoses, of other polymers importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Luxembourg, with a CAGR of -1.7%, saw 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 a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, picking up by 32% against the previous year. Import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +9.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rigid tubes, pipes and hoses, of other polymers increased by +72.0% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: 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 (+17.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform