Eastern Europe: Market for Tube Or Pipe Fittings (Of Iron Or Steel) 2025

Market Size for Tube Or Pipe Fittings (Of Iron Or Steel) in Eastern Europe

The East European market for tube or pipe fittings (of iron or steel) fell to $X in 2022, which is down by -13.5% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Production of Tube Or Pipe Fittings (Of Iron Or Steel) in Eastern Europe

In value terms, iron or steel tube fitting production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The growth pace was the most rapid in 2019 with an increase of 21% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Tube Or Pipe Fittings (Of Iron Or Steel)

Exports in Eastern Europe

In 2022, overseas shipments of tube or pipe fittings (of iron or steel) increased by 16% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel tube fitting exports soared to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +42.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 25%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Poland (X tons) was the main exporter of tube or pipe fittings (of iron or steel), comprising 53% of total exports. The Czech Republic (X tons) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by Russia (9.1%), Belarus (8%) and Romania (7.7%). Bulgaria (X tons) and Slovakia (X tons) held a little share of total exports.

Poland was also the fastest-growing in terms of the tube or pipe fittings (of iron or steel) exports, with a CAGR of +10.2% from 2012 to 2022. At the same time, Belarus (+8.5%) and Russia (+4.2%) displayed positive paces of growth. Romania and Bulgaria experienced a relatively flat trend pattern. By contrast, the Czech Republic (-1.9%) and Slovakia (-2.3%) illustrated a downward trend over the same period. While the share of Poland (+21 p.p.) and Belarus (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Slovakia (-2.1 p.p.), Bulgaria (-2.5 p.p.), Romania (-5.2 p.p.) and the Czech Republic (-9.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest iron or steel tube fitting supplier in Eastern Europe, comprising 52% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 17% share of total exports. It was followed by Romania, with an 8.8% share.

In Poland, iron or steel tube fitting exports increased at an average annual rate of +10.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+2.5% per year) and Romania (+3.6% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, picking up by 1.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 an increase of 14%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

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 ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+7.1%), while the other leaders experienced more modest paces of growth.

Imports of Tube Or Pipe Fittings (Of Iron Or Steel)

Imports in Eastern Europe

In 2022, iron or steel tube fitting imports in Eastern Europe stood at X tons, growing by 2.5% compared with the year before. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 16% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, iron or steel tube fitting imports rose modestly to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 +64.1% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of 21% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Russia (X tons) and Poland (X tons) were the major importers of tube or pipe fittings (of iron or steel) in 2022, accounting for approx. 30% and 26% of total imports, respectively. It was distantly followed by the Czech Republic (X tons), Romania (X tons) and Hungary (X tons), together mixing up a 28% share of total imports. Bulgaria (X tons), Slovakia (X tons) and Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +11.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel tube fitting importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined 69% share of total imports. Romania, Hungary, Slovakia, Bulgaria and Belarus lagged somewhat behind, together comprising a further 24%.

In terms of the main importing countries, Hungary, with a CAGR of +8.2%, saw 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

The import price in Eastern Europe stood at $X per ton in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 16%. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top importers, 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 the Czech Republic (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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