Greece: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Greece

In 2021, the Greek market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by 18% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a mild descent. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Greece

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. Production of peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports from Greece

In 2021, overseas shipments of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa were finally on the rise to reach X tons after three years of decline. Overall, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa soared to $X in 2021. In general, exports posted tangible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Greece, with a 70% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Bulgaria exceeded the volume sent to the second major destination, Turkey (X tons), sixfold. Romania (X tons) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to Bulgaria totaled +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+4.5% per year) and Romania (+3.1% per year).

In value terms, Bulgaria ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exports from Greece, comprising 48% of total exports. The second position in the ranking was taken by Turkey ($X), with a 17% share of total exports. It was followed by Chile, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value to Bulgaria stood at +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+5.7% per year) and Chile (+118.4% per year).

Export Prices by Country

In 2021, the average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, dropping by -31.7% against the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 25%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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 Albania ($X per ton), while the average price for exports to Bulgaria ($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 Albania (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports into Greece

In 2021, after two years of decline, there was significant growth in supplies from abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, when their volume increased by 44% to X tons. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 50%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa surged to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, 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

In 2021, Italy (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa supplier to Greece, with a 42% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Italy exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. China (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+66.0% per year) and China (+4.1% per year).

In value terms, the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa suppliers to Greece were Italy ($X), South Korea ($X) and China ($X), together accounting for 69% of total imports. These countries were followed by Turkey, Sweden, Germany and Austria, which together accounted for a further 21%.

Sweden, with a CAGR of +340.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, picking up by 3.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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