France: 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 France

In 2021, the French ethylene polymer rigid pipes market decreased by -2.2% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a modest increase. As a result, consumption attained the peak level of $X, and then dropped in the following year.

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

In value terms, ethylene polymer rigid pipes production contracted to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 36%. As a result, production reached the peak level of $X, and then contracted in the following year.

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

Exports from France

In 2021, shipments abroad of rigid tubes, pipes and hoses of polymers of ethylene was finally on the rise to reach X tons after two years of decline. Overall, exports saw a moderate expansion. The pace of growth was the most pronounced in 2018 with an increase of 54%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, ethylene polymer rigid pipes exports surged to $X in 2021. In general, total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 47% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for ethylene polymer rigid pipes exports from France, accounting for a 61% share of total exports. Moreover, ethylene polymer rigid pipes exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), eightfold. Greece (X tons) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +40.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-7.8% per year) and Greece (+22.8% per year).

In value terms, Germany ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of ethylene exports from France, comprising 49% of total exports. The second position in the ranking was held by Italy ($X), with a 7.8% share of total exports. It was followed by Belgium, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +34.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+7.0% per year) and Belgium (-8.0% per year).

Export Prices by Country

The average ethylene polymer rigid pipes export price stood at $X per ton in 2021, leveling off at the previous year. In general, the export price saw a slight reduction. The pace of growth was the most pronounced in 2014 an increase of 7.7%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into France

In 2021, ethylene polymer rigid pipes imports into France surged to X tons, picking up by 27% on the previous year's figure. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by 34% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, ethylene polymer rigid pipes imports soared to $X in 2021. The total import value 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.

Imports by Country

Italy (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of ethylene polymer rigid pipes imports to France, together accounting for 73% of total imports. These countries were followed by Austria, Luxembourg, Belgium and Portugal, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +22.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene polymer rigid pipes suppliers to France were Italy ($X), Spain ($X) and Germany ($X), together accounting for 72% of total imports. These countries were followed by Austria, Luxembourg, Belgium and Portugal, which together accounted for a further 21%.

Among the main suppliers, Austria, with a CAGR of +12.8%, 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

The average ethylene polymer rigid pipes import price stood at $X per ton in 2021, growing by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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