Europe: 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 Europe

The Europe ethylene polymer rigid pipes market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached 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 Europe

In value terms, ethylene polymer rigid pipes production rose rapidly to $X in 2021 estimated in export price. In general, production saw a modest increase. 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 Europe

For the eighth year in a row, Europe recorded growth in overseas shipments of rigid tubes, pipes and hoses of polymers of ethylene, which increased by 1.5% to X tons in 2021. The total export volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 15% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, ethylene polymer rigid pipes exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached 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 key exporters of rigid tubes, pipes and hoses of polymers of ethylene in Europe, together comprising 39% of total exports. Poland (X tons) ranks next in terms of the total exports with an 8.8% share, followed by Spain (5%). The following exporters - Belgium (X tons), Denmark (X tons), Switzerland (X tons), the Czech Republic (X tons), Sweden (X tons), the UK (X tons), Hungary (X tons), the Netherlands (X tons) and Russia (X tons) - together made up 26% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading 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, the largest ethylene polymer rigid pipes supplying countries in Europe were Germany ($X), Italy ($X) and Poland ($X), together accounting for 49% of total exports. Denmark, Switzerland, Spain, Belgium, the Netherlands, the UK, the Czech Republic, Sweden, Hungary and Russia lagged somewhat behind, together comprising a further 34%.

In terms of the main exporting countries, Hungary, with a CAGR of +19.7%, saw 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

In 2021, the export price in Europe amounted to $X per ton, growing by 14% against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Russia ($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 Europe

Ethylene polymer rigid pipes imports skyrocketed to X tons in 2021, with an increase of 17% on the year before. The total import volume increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained 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 a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% 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 +31.9% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) and France (X tons) represented the major importers of rigid tubes, pipes and hoses of polymers of ethylene in Europe, together reaching near 30% of total imports. The Netherlands (X tons) ranks next in terms of the total imports with a 6.3% share, followed by Austria (4.7%). Poland (X tons), Bulgaria (X tons), Switzerland (X tons), Denmark (X tons), the UK (X tons), Belgium (X tons), Lithuania (X tons), Romania (X tons) and Sweden (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 main 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, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 38% share of total imports. These countries were followed by Austria, Switzerland, Poland, Denmark, the UK, Belgium, Sweden, Romania, Bulgaria and Lithuania, which together accounted for a further 32%.

Romania, with a CAGR of +16.6%, saw 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 Europe stood at $X per ton in 2021, with an increase of 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: 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