Benelux: 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 Benelux

In 2021, the Benelux ethylene polymer rigid pipes market decreased by -7.5% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

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

In value terms, ethylene polymer rigid pipes production shrank dramatically to $X in 2021 estimated in export price. Over the period under review, production showed a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 52%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

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

Exports in Benelux

In 2021, approx. X tons of rigid tubes, pipes and hoses of polymers of ethylene were exported in Benelux; with an increase of 9.2% on the year before. The total export volume increased at an average annual rate of +4.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, ethylene polymer rigid pipes exports soared to $X in 2021. The total export value increased at an average annual rate of +5.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 42% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

Belgium was the largest exporter of rigid tubes, pipes and hoses of polymers of ethylene in Benelux, with the volume of exports recording X tons, which was near 52% of total exports in 2021. The Netherlands (X tons) took the second position in the ranking, distantly followed by Luxembourg (X tons). All these countries together held near 48% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +5.6%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) constituted the countries with the highest levels of exports in 2021.

Among the main exporting countries, the Netherlands, with a CAGR of +6.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, growing by 6.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 18% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Benelux

In 2021, overseas purchases of rigid tubes, pipes and hoses of polymers of ethylene increased by 6.5% to X tons, rising for the sixth year in a row after three years of decline. Total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +3.0% 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 +105.2% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of 28% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, ethylene polymer rigid pipes imports surged to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.0% 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 +121.3% against 2015 indices. The growth pace was the most rapid in 2017 when imports increased by 25% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) was the major importer of rigid tubes, pipes and hoses of polymers of ethylene, achieving 62% of total imports. Belgium (X tons) ranks second in terms of the total imports with a 32% share, followed by Luxembourg (6.5%).

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +7.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported rigid tubes, pipes and hoses of polymers of ethylene in Benelux, comprising 68% of total imports. The second position in the ranking was held by Belgium ($X), with a 27% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands totaled +8.8%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (+1.7% per year) and Luxembourg (+2.3% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, picking up by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2013 an increase of 22%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform