Eastern Europe: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Eastern Europe

The East European market for plastic hoses and hose fittings rose modestly to $X in 2021, picking up by 2.4% against the previous year. The market value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Plastic Hoses and Hose Fittings in Eastern Europe

In value terms, plastic hose and hose fitting production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 39%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports in Eastern Europe

In 2021, approx. X tons of plastic hoses and hose fittings were exported in Eastern Europe; picking up by 18% on the previous year's figure. Over the period under review, exports saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting exports soared to $X in 2021. In general, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 21%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, Poland (X tons), distantly followed by the Czech Republic (X tons), Russia (X tons), Estonia (X tons), Romania (X tons), Slovakia (X tons) and Hungary (X tons) represented the key exporters of plastic hoses and hose fittings, together achieving 88% of total exports.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +33.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic hose and hose fitting supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), with a combined 71% share of total exports. Hungary, Romania, Slovakia and Estonia lagged somewhat behind, together accounting for a further 19%.

In terms of the main exporting countries, Romania, with a CAGR of +18.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, increasing by 2.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 12%. Over the period under review, the export 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 the Czech Republic ($X per ton), while Estonia ($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 Czech Republic (+3.2%), while the other leaders experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports in Eastern Europe

In 2021, approx. X tons of plastic hoses and hose fittings were imported in Eastern Europe; picking up by 14% against the previous year's figure. The total import volume increased at an average annual rate of +5.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting imports skyrocketed to $X in 2021. Total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.9% 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 +67.8% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons) and Poland (X tons) represented roughly 42% of total imports in 2021. The Czech Republic (X tons) ranks next in terms of the total imports with a 12% share, followed by Hungary (11%), Romania (8.5%), Bulgaria (6.8%), Ukraine (6.4%) and Slovakia (4.6%). Belarus (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +12.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2021, with a combined 57% share of total imports. Hungary, Romania, Ukraine, Slovakia, Bulgaria and Belarus lagged somewhat behind, together comprising a further 37%.

In terms of the main importing countries, Romania, with a CAGR of +8.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, rising by 11% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. 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 2021, the country with the highest price was the Czech Republic ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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