EU: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in the EU

The EU ethylene polymer rigid pipes market soared to $X in 2021, with an increase of 17% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in the EU

In value terms, ethylene polymer rigid pipes production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports in the EU

In 2021, exports of rigid tubes, pipes and hoses of polymers of ethylene in the European Union rose notably to X tons, picking up by 8.4% on the year before. The total export volume increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by 11% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, ethylene polymer rigid pipes exports soared to $X in 2021. The total export value increased at an average annual rate of +5.1% from 2012 to 2021; 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.

Exports by Country

In 2021, Germany (X tons) and Italy (X tons) represented the major exporters of rigid tubes, pipes and hoses of polymers of ethylene in the European Union, together achieving 45% of total exports. Poland (X tons) held the next position in the ranking, followed by Spain (X tons). All these countries together took approx. 16% share of total exports. The following exporters - Belgium (X tons), Denmark (X tons), the Czech Republic (X tons), Sweden (X tons), Hungary (X tons), the Netherlands (X tons), France (X tons), Austria (X tons) and Portugal (X tons) - together made up 27% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Hungary (with a CAGR of +20.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2021, with a combined 56% share of total exports. These countries were followed by Denmark, Spain, Belgium, the Netherlands, the Czech Republic, Sweden, France, Austria, Hungary and Portugal, which together accounted for a further 34%.

Among the main exporting countries, Hungary, with a CAGR of +19.7%, recorded the highest rates of growth with regard to the value of exports, 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 2021, with an increase of 16% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.7%), while the other leaders experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports in the EU

For the eighth year in a row, the European Union recorded growth in overseas purchases of rigid tubes, pipes and hoses of polymers of ethylene, which increased by 20% to X tons in 2021. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.3% against 2013 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ethylene polymer rigid pipes imports skyrocketed to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +35.7% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) and France (X tons) were the largest importers of rigid tubes, pipes and hoses of polymers of ethylene in the European Union, together constituting 36% of total imports. The Netherlands (X tons) ranks next in terms of the total imports with a 7.6% share, followed by Austria (5.6%) and Poland (5.1%). Bulgaria (X tons), Denmark (X tons), Belgium (X tons), Lithuania (X tons), Romania (X tons), Sweden (X tons), Greece (X tons) and Finland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania (with a CAGR of +15.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene polymer rigid pipes importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together comprising 45% of total imports. Austria, Poland, Denmark, Belgium, Sweden, Romania, Finland, Bulgaria, Lithuania and Greece lagged somewhat behind, together comprising a further 34%.

Romania, with a CAGR of +16.6%, recorded the highest rates of growth with regard to the value of imports, among 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 2021, with an increase of 14% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by 14% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :