Germany: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Germany

For the third year in a row, the German market for plastics pipes and pipe fittings recorded growth in sales value, which increased by 7.3% to $X in 2022. The market value increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Plastics Pipes And Pipe Fittings in Germany

In value terms, plastics pipe and pipe fitting production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. Plastics pipe and pipe fitting production peaked in 2022 and is likely to continue growth in the near future.

Exports of Plastics Pipes And Pipe Fittings

Exports from Germany

Plastics pipe and pipe fitting exports from Germany contracted to X tons in 2022, reducing by -7.9% against the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 7.5% against the previous year. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, plastics pipe and pipe fitting exports declined to $X in 2022. The total export value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

The Netherlands (X tons), Austria (X tons) and France (X tons) were the main destinations of plastics pipe and pipe fitting exports from Germany, together accounting for 31% of total exports. Switzerland, Poland, Belgium, the Czech Republic, Italy, Denmark, the UK, China, Romania and Sweden lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +11.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Austria ($X) and the Netherlands ($X) constituted the largest markets for plastics pipe and pipe fitting exported from Germany worldwide, together comprising 25% of total exports. France, Poland, Italy, the Czech Republic, Belgium, China, the UK, Sweden, Romania and Denmark lagged somewhat behind, together comprising a further 42%.

Romania, with a CAGR of +7.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for plastics pipes and pipe fittings stood at $X per ton in 2022, surging by 3% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 9.9% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports into Germany

After eight years of growth, purchases abroad of plastics pipes and pipe fittings decreased by -2.8% to X tons in 2022. Over the period under review, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2013 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of X tons, and then shrank slightly in the following year.

In value terms, plastics pipe and pipe fitting imports reduced slightly to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Switzerland (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Germany, with a combined 49% share of total imports. Austria, the Netherlands, Denmark, the Czech Republic, the United Arab Emirates, Turkey, Belgium, France, China and Estonia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +133.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of plastics pipes and pipe fittings to Germany, comprising 24% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Austria, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland stood at +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.9% per year) and Austria (+3.8% per year).

Import Prices by Country

In 2022, the average import price for plastics pipes and pipe fittings amounted to $X per ton, increasing by 2.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 9.6% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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