Greece: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Greece

The Greek market for rigid tubes, pipes and hoses, of other polymers contracted sharply to $X in 2022, waning by -51.3% against the previous year. Overall, consumption, however, saw a modest expansion. As a result, consumption reached the peak level of $X, and then declined remarkably in the following year.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Greece

In value terms, production of rigid tubes, pipes and hoses, of other polymers reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, production reached the peak level of $X, and then dropped in the following year.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Greece

In 2022, overseas shipments of rigid tubes, pipes and hoses, of other polymers were finally on the rise to reach X tons after three years of decline. In general, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 158% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers surged to $X in 2022. Overall, exports, however, recorded a noticeable slump. The growth pace was the most rapid in 2014 with an increase of 106%. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Egypt (X tons) was the main destination for exports of rigid tubes, pipes and hoses, of other polymers from Greece, accounting for a 48% share of total exports. Moreover, exports of rigid tubes, pipes and hoses, of other polymers to Egypt exceeded the volume sent to the second major destination, Cyprus (X tons), threefold. The third position in this ranking was taken by Portugal (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Egypt amounted to +67.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+16.8% per year) and Portugal (+31.8% per year).

In value terms, the largest markets for rigid tubes, pipes and hoses, of other polymers exported from Greece were Egypt ($X), Cyprus ($X) and Portugal ($X), together comprising 75% of total exports.

Egypt, with a CAGR of +60.3%, saw 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 rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, surging by 29% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 138% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to North Macedonia ($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 the United Arab Emirates (+48.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Greece

Imports of rigid tubes, pipes and hoses, of other polymers into Greece contracted dramatically to X tons in 2022, falling by -70.2% against 2021. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 635% against the previous year. As a result, imports attained the peak of X tons, and then declined rapidly in the following year.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers reduced rapidly to $X in 2022. Overall, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 227%. As a result, imports attained the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest rigid tubes, pipes and hoses, of other polymers supplier to Greece, accounting for a 73% share of total imports. Moreover, imports of rigid tubes, pipes and hoses, of other polymers from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Israel (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+23.8% per year) and Israel (+22.0% per year).

In value terms, the largest rigid tubes, pipes and hoses, of other polymers suppliers to Greece were Turkey ($X), Italy ($X) and Israel ($X), together accounting for 74% of total imports.

Israel, with a CAGR of +28.2%, saw the highest growth rate of the value of imports, in terms of 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 2022, the average import price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, growing by 58% against the previous year. In general, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 89%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 Israel ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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