EU: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in the EU

In 2022, the EU market for rigid tubes, pipes and hoses, of other polymers decreased by -10.8% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in the EU

In value terms, production of rigid tubes, pipes and hoses, of other polymers expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 50%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports in the EU

In 2022, the amount of rigid tubes, pipes and hoses, of other polymers exported in the European Union stood at X tons, rising by 5.2% on the previous year. The total export volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2018 with an increase of 11% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers shrank to $X in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 9.9%. Over the period under review, the exports of attained the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, Germany (X tons), distantly followed by Spain (X tons), Poland (X tons), Romania (X tons) and Italy (X tons) were the main exporters of rigid tubes, pipes and hoses, of other polymers, together making up 83% of total exports. The following exporters - Austria (X tons) and Ireland (X tons) - each finished at a 5.7% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +30.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 55% of total exports. Austria, Romania, Spain and Ireland lagged somewhat behind, together accounting for a further 20%.

Ireland, with a CAGR of +18.0%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, shrinking by -10.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by 15% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 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 Austria ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.5%), while the other leaders experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports in the EU

Imports of rigid tubes, pipes and hoses, of other polymers shrank to X tons in 2022, with a decrease of -8.2% against the previous year. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers declined slightly to $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of $X, and then reduced modestly in the following year.

Imports by Country

France (X tons) and Romania (X tons) represented the key importers of rigid tubes, pipes and hoses, of other polymers in 2022, finishing at near 19% and 16% of total imports, respectively. Italy (X tons) took the next position in the ranking, followed by Poland (X tons), Germany (X tons), Austria (X tons), Bulgaria (X tons), Spain (X tons) and Croatia (X tons). All these countries together took approx. 41% share of total imports. Slovenia (X tons), the Czech Republic (X tons), Denmark (X tons) and Belgium (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +18.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, with a combined 43% share of total imports. Poland, Romania, Spain, Austria, the Czech Republic, Belgium, Denmark, Slovenia, Croatia and Bulgaria lagged somewhat behind, together comprising a further 40%.

Among the main importing countries, Slovenia, with a CAGR of +13.6%, 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 2022, the import price in the European Union amounted to $X per ton, picking up by 4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2016 when the import price increased by 17% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Germany ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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