EU: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in the EU

The EU metal flexible tubing market declined markedly to $X in 2022, waning by X% against the previous year. In general, consumption, however, posted a buoyant expansion. As a result, consumption attained the peak level of $X, and then contracted dramatically in the following year.

Metal Flexible Tubing Production in the EU

In value terms, metal flexible tubing production shrank remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then dropped remarkably in the following year.

Metal Flexible Tubing Exports

Exports in the EU

In 2022, overseas shipments of iron or steel flexible tubing decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, metal flexible tubing exports dropped to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Germany (X tons), Denmark (X tons), France (X tons), Spain (X tons) and the Czech Republic (X tons), together accounting for X% of total export. It was distantly followed by Italy (X tons), mixing up a X% share of total exports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest metal flexible tubing supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Denmark, with an X% share.

In Germany, metal flexible tubing exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and Denmark (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Germany ($X per ton), while Poland ($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 (X%), while the other leaders experienced more modest paces of growth.

Metal Flexible Tubing Imports

Imports in the EU

In 2022, the amount of iron or steel flexible tubing imported in the European Union rose sharply to X tons, growing by X% against 2021. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, metal flexible tubing imports expanded significantly to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Slovakia (X tons), Spain (X tons), France (X tons) and Italy (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Poland (X tons), making up a X% share of total imports. Austria (X tons), the Czech Republic (X tons), Belgium (X tons), the Netherlands (X tons), Romania (X tons), Sweden (X tons) and Luxembourg (X tons) held a relatively small share of total imports.

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

In value terms, the largest metal flexible tubing importing markets in the European Union were Germany ($X), France ($X) and Spain ($X), with a combined X% share of total imports. Italy, the Netherlands, Austria, Poland, Sweden, Belgium, the Czech Republic, Romania, Slovakia and Luxembourg lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Sweden, with a CAGR of X%, saw 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

In 2022, the import price in the European Union amounted to $X per ton, approximately mirroring the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Sweden ($X per ton), while Slovakia ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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