Czech Republic: Market for Plastic Fittings for Tubes, Pipes and Hoses 2024

Market Size for Plastic Fittings for Tubes, Pipes and Hoses in the Czech Republic

In 2021, the Czech market for plastic fittings for tubes, pipes and hoses increased by 26% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Plastic Fittings for Tubes, Pipes and Hoses in the Czech Republic

In value terms, production of plastic fittings for tubes, pipes and hoses surged to $X in 2021 estimated in export price. In general, production, however, recorded a mild decline. The pace of growth was the most pronounced in 2017 with an increase of 118%. As a result, production attained the peak level of $X. From 2018 to 2021, production of growth remained at a somewhat lower figure.

Exports of Plastic Fittings for Tubes, Pipes and Hoses

Exports from the Czech Republic

Exports of plastic fittings for tubes, pipes and hoses from the Czech Republic expanded slightly to X tons in 2021, increasing by 2.4% on the year before. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 8.6%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of plastic fittings for tubes, pipes and hoses skyrocketed to $X in 2021. Over the period under review, total exports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +107.6% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Slovakia (X tons) and Russia (X tons) were the main destinations of exports of plastic fittings for tubes, pipes and hoses from the Czech Republic, with a combined 50% share of total exports. These countries were followed by Ukraine, Poland, China, Bulgaria, Romania, Switzerland, Croatia, Hungary, Lithuania and Italy, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +46.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Russia ($X) were the largest markets for plastic fittings for tubes, pipes and hoses exported from the Czech Republic worldwide, with a combined 46% share of total exports. These countries were followed by Poland, Romania, Ukraine, China, Bulgaria, Hungary, Switzerland, Italy, Lithuania and Croatia, which together accounted for a further 36%.

China, with a CAGR of +39.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for plastic fittings for tubes, pipes and hoses amounted to $X per ton, surging by 30% against the previous year. In general, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for plastic fittings for tubes, pipes and hoses increased by +68.5% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Romania ($X per ton), while the average price for exports to Croatia ($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 Poland (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Fittings for Tubes, Pipes and Hoses

Imports into the Czech Republic

In 2021, the amount of plastic fittings for tubes, pipes and hoses imported into the Czech Republic expanded modestly to X tons, increasing by 4.7% compared with 2020 figures. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 8.4%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of plastic fittings for tubes, pipes and hoses skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of plastic fittings for tubes, pipes and hoses to the Czech Republic, with a 41% share of total imports. Moreover, imports of plastic fittings for tubes, pipes and hoses from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by France (X tons), with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-6.0% per year) and France (+28.6% per year).

In value terms, Germany ($X) constituted the largest supplier of plastic fittings for tubes, pipes and hoses to the Czech Republic, comprising 51% of total imports. The second position in the ranking was held by Poland ($X), with a 6% share of total imports. It was followed by France, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+5.7% per year) and France (+10.2% per year).

Import Prices by Country

The average import price for plastic fittings for tubes, pipes and hoses stood at $X per ton in 2021, with an increase of 14% against the previous year. Over the last nine years, it increased at an average annual rate of +4.1%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 28%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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