Greece: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Greece

In 2022, the Greek market for flexible tubes, pipes and hoses of plastics, without fittings increased by 0.7% to $X, rising for the fifth consecutive year after two years of decline. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value 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, consumption increased by +42.7% against 2017 indices. Consumption of peaked in 2022 and is likely to see steady growth in the near future.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Greece

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 18% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports from Greece

Exports of flexible tubes, pipes and hoses of plastics, without fittings from Greece fell modestly to X tons in 2022, reducing by -2.6% against 2021. Over the period under review, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.8% against 2017 indices. The growth pace was the most rapid in 2017 when exports increased by 35%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings rose notably to $X in 2022. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by 34% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Australia (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, without fittings from Greece, with a 35% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, without fittings to Australia exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.3% per year) and Poland (+2.1% per year).

In value terms, Australia ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, without fittings exports from Greece, comprising 39% of total exports. The second position in the ranking was taken by the United States ($X), with an 18% share of total exports. It was followed by Poland, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value to Australia stood at +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.7% per year) and Poland (+1.1% per year).

Export Prices by Country

In 2022, the average export price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, with an increase of 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Serbia ($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 Albania (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports into Greece

In 2022, after three years of growth, there was decline in overseas purchases of flexible tubes, pipes and hoses of plastics, without fittings, when their volume decreased by -4% to X tons. In general, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +2.1% 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 +22.5% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of 50%. Over the period under review, imports of attained the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings reached $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +48.6% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Bulgaria (X tons), Germany (X tons) and Portugal (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, without fittings to Greece, with a combined 55% share of total imports. Turkey, Italy, the Czech Republic, Lithuania, China and Israel lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +296.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, without fittings suppliers to Greece were Germany ($X), the Czech Republic ($X) and Bulgaria ($X), together comprising 53% of total imports. Italy, China, Portugal, Lithuania, Turkey and Israel lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, Lithuania, with a CAGR of +250.8%, recorded the highest rates of growth with regard to 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

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, with an increase of 9.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 the Czech Republic ($X per ton), while the price for Israel ($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 (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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