EU: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2024

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in the EU

The EU rubber tube and pipe market dropped to $X in 2021, reducing by -7.7% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Tubes, Pipes And Hoses Of Vulcanized Rubber in the EU

In value terms, rubber tube and pipe production reduced to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 6.6%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports in the EU

In 2021, after two years of decline, there was significant growth in overseas shipments of tubes, pipes and hoses of vulcanized rubber, when their volume increased by 16% to X tons. The total export volume increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, rubber tube and pipe exports soared to $X in 2021. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the four major exporters of tubes, pipes and hoses of vulcanized rubber, namely Italy, Germany, Poland and the Czech Republic, represented more than half of total export. It was distantly followed by Spain (X tons), comprising a 5.2% share of total exports. The following exporters - Bulgaria (X tons), Austria (X tons), Belgium (X tons), France (X tons), Romania (X tons), the Netherlands (X tons), Sweden (X tons) and Hungary (X tons) - together made up 26% of total exports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +13.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest rubber tube and pipe supplier in the European Union, comprising 27% of total exports. The second position in the ranking was held by Italy ($X), with a 12% share of total exports. It was followed by Poland, with an 11% share.

In Germany, rubber tube and pipe exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-0.2% per year) and Poland (+10.7% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 2.9% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.3%), while the other leaders experienced more modest paces of growth.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports in the EU

After two years of decline, purchases abroad of tubes, pipes and hoses of vulcanized rubber increased by 22% to X tons in 2021. The total import volume increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rubber tube and pipe imports surged to $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, imports hit record highs at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

In 2021, Germany (X tons), distantly followed by France (X tons), Italy (X tons), Poland (X tons), Spain (X tons), the Netherlands (X tons), the Czech Republic (X tons) and Belgium (X tons) represented the largest importers of tubes, pipes and hoses of vulcanized rubber, together comprising 78% of total imports. The following importers - Sweden (X tons), Austria (X tons), Romania (X tons), Hungary (X tons) and Finland (X tons) - together made up 12% of total imports.

From 2012 to 2021, average annual rates of growth with regard to rubber tube and pipe imports into Germany stood at +3.4%. At the same time, Poland (+9.7%), Hungary (+9.4%), Italy (+5.5%), Finland (+4.7%), France (+4.0%), Belgium (+3.4%) and Austria (+1.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of +9.7% from 2012-2021. Romania, the Czech Republic, Spain, Sweden and the Netherlands experienced a relatively flat trend pattern. Poland (+3.8 p.p.) and Italy (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Spain and the Netherlands saw its share reduced by -2.5% and -2.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported tubes, pipes and hoses of vulcanized rubber in the European Union, comprising 24% of total imports. The second position in the ranking was taken by France ($X), with a 10% share of total imports. It was followed by Poland, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany amounted to +1.2%. The remaining importing countries recorded the following average annual rates of imports growth: France (+1.9% per year) and Poland (+6.9% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 6.2% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while Italy ($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 (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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