Eastern Europe: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Eastern Europe

The East European market for rigid tubes, pipes and hoses of polymers of vinyl chloride declined slightly to $X in 2022, falling by -2.7% against the previous year. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Eastern Europe

In value terms, vinyl chloride polymer rigid pipes production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 26% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports in Eastern Europe

After five years of growth, overseas shipments of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -21.7% to X tons in 2022. The total export volume increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 15% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank significantly in the following year.

In value terms, vinyl chloride polymer rigid pipes exports dropped remarkably to $X in 2022. Total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +63.1% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. As a result, the exports reached the peak of $X, and then reduced notably in the following year.

Exports by Country

Poland was the major exporter of rigid tubes, pipes and hoses of polymers of vinyl chloride in Eastern Europe, with the volume of exports finishing at X tons, which was near 40% of total exports in 2022. It was distantly followed by Russia (X tons), Hungary (X tons), Romania (X tons), the Czech Republic (X tons) and Slovakia (X tons), together constituting a 52% share of total exports. Lithuania (X tons) followed a long way behind the leaders.

Poland experienced a relatively flat trend pattern with regard to volume of exports of rigid tubes, pipes and hoses of polymers of vinyl chloride. At the same time, Russia (+21.8%), Romania (+11.8%), Hungary (+3.5%) and the Czech Republic (+1.6%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +21.8% from 2012-2022. Slovakia experienced a relatively flat trend pattern. By contrast, Lithuania (-7.9%) illustrated a downward trend over the same period. Russia (+12 p.p.), Romania (+6.9 p.p.) and Hungary (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Lithuania and Poland saw its share reduced by -4.8% and -8.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest vinyl chloride polymer rigid pipes supplier in Eastern Europe, comprising 38% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 13% share of total exports. It was followed by Romania, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at +2.8%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+2.9% per year) and Romania (+18.0% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, with an increase of 7.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2021 an increase of 36% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.5%), while the other leaders experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports in Eastern Europe

After five years of growth, overseas purchases of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -9.5% to X tons in 2022. The total import volume increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2018 with an increase of 11%. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell in the following year.

In value terms, vinyl chloride polymer rigid pipes imports contracted modestly to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.3% 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 +79.1% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

In 2022, the Czech Republic (X tons), distantly followed by Lithuania (X tons), Romania (X tons), Slovakia (X tons), Hungary (X tons), Bulgaria (X tons), Belarus (X tons), Russia (X tons) and Poland (X tons) were the largest importers of rigid tubes, pipes and hoses of polymers of vinyl chloride, together committing 89% of total imports. Moldova (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bulgaria (with a CAGR of +18.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl chloride polymer rigid pipes importing markets in Eastern Europe were the Czech Republic ($X), Romania ($X) and Lithuania ($X), with a combined 44% share of total imports. Hungary, Slovakia, Poland, Russia, Belarus, Bulgaria and Moldova lagged somewhat behind, together accounting for a further 48%.

Among the main importing countries, Bulgaria, with a CAGR of +14.4%, recorded the highest growth rate of 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

The import price in Eastern Europe stood at $X per ton in 2022, rising by 6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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