EU: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in the EU

In 2022, the EU market for flexible tubes, pipes and hoses of plastics, with fittings decreased by -12.3% to $X for the first time since 2019, thus ending a two-year rising trend. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +55.4% against 2015 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in the EU

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings rose notably to $X in 2022 estimated in export price. In general, production, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of 19% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports in the EU

In 2022, the amount of flexible tubes, pipes and hoses of plastics, with fittings exported in the European Union soared to X tons, growing by 25% compared with 2021. Total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.9% 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 +79.5% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings totaled $X in 2022. Over the period under review, exports showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Germany (X tons) and Ireland (X tons) were the main exporters of flexible tubes, pipes and hoses of plastics, with fittings in the European Union, together resulting at near 49% of total exports. Italy (X tons) held a 13% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (7.6%), Spain (6.1%), France (6%) and the Netherlands (4.6%).

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +50.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest flexible tubes, pipes and hoses of plastics, with fittings supplier in the European Union, comprising 32% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 14% share of total exports. It was followed by France, with a 13% share.

In Germany, exports of flexible tubes, pipes and hoses of plastics, with fittings expanded at an average annual rate of +5.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+12.5% per year) and France (+7.7% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, declining by -10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2017 an increase of 16%. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Ireland ($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 Netherlands (+8.3%), while the other leaders experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports in the EU

In 2022, overseas purchases of flexible tubes, pipes and hoses of plastics, with fittings increased by 0.6% to X tons, rising for the seventh consecutive year after two years of decline. Total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +4.9% 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 +77.9% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of 20%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings rose remarkably to $X in 2022. Over the period under review, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 30%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by the Netherlands (X tons), Belgium (X tons), the Czech Republic (X tons), France (X tons), Austria (X tons) and Spain (X tons) were the largest importers of flexible tubes, pipes and hoses of plastics, with fittings, together achieving 71% of total imports. The following importers - Italy (X tons), Portugal (X tons), Lithuania (X tons), Hungary (X tons), Denmark (X tons) and Poland (X tons) - together made up 15% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +22.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of imports in 2022, together accounting for 50% of total imports. Italy, Spain, the Czech Republic, Belgium, Austria, Denmark, Poland, Lithuania, Portugal and Hungary lagged somewhat behind, together comprising a further 32%.

Lithuania, with a CAGR of +29.1%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 the European Union stood at $X per ton in 2022, rising by 9.4% against the previous year. Import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flexible tubes, pipes and hoses of plastics, with fittings increased by +78.8% against 2013 indices. The pace of growth appeared the most rapid in 2018 when the import price increased by 17%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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