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

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

In 2022, the Greek propylene polymer rigid pipes market decreased by -64.1% to $X, falling for the third year in a row after two years of growth. Overall, consumption saw a deep downturn. Propylene polymer rigid pipes consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

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

In value terms, propylene polymer rigid pipes production declined to $X in 2022 estimated in export price. Overall, production, however, enjoyed a modest increase. The growth pace was the most rapid in 2019 with an increase of 49%. Over the period under review, production attained the peak level at $X in 2021, and then declined in the following year.

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

Exports from Greece

In 2022, after three years of growth, there was significant decline in shipments abroad of rigid tubes, pipes and hoses of polymers of propylene, when their volume decreased by -56.7% to X tons. In general, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 403% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted sharply in the following year.

In value terms, propylene polymer rigid pipes exports fell sharply to $X in 2022. Overall, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2019 when exports increased by 409%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Hungary (X tons), Serbia (X tons) and Cyprus (X tons) were the main destinations of propylene polymer rigid pipes exports from Greece, together accounting for 46% of total exports. Turkey, Australia, North Macedonia, Egypt, Tunisia, Lebanon, France, Israel, Albania and Qatar lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +236.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Serbia ($X) and Cyprus ($X) appeared to be the largest markets for propylene polymer rigid pipes exported from Greece worldwide, with a combined 45% share of total exports. Turkey, North Macedonia, France, Australia, Tunisia, Egypt, Lebanon, Albania, Israel and Qatar lagged somewhat behind, together accounting for a further 37%.

Israel, with a CAGR of +244.7%, saw the highest growth rate of the value of exports, among 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 propylene polymer rigid pipes export price stood at $X per ton in 2022, rising by 21% against the previous year. In general, the export price, however, saw a pronounced shrinkage. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Australia ($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 France (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Greece

In 2022, supplies from abroad of rigid tubes, pipes and hoses of polymers of propylene decreased by -61.9% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 109%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, propylene polymer rigid pipes imports fell significantly to $X in 2022. In general, imports showed a slight slump. The most prominent rate of growth was recorded in 2014 when imports increased by 32%. Over the period under review, imports attained the peak figure at $X in 2021, and then fell markedly in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of propylene polymer rigid pipes imports to Greece, together accounting for 82% of total imports. Serbia, Bulgaria, Slovenia and the Czech Republic lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +74.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest propylene polymer rigid pipes suppliers to Greece were Germany ($X), Italy ($X) and Turkey ($X), together accounting for 80% of total imports. The Czech Republic, Serbia, Bulgaria and Slovenia lagged somewhat behind, together comprising a further 9.9%.

In terms of the main suppliers, Serbia, with a CAGR of +71.6%, 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

The average propylene polymer rigid pipes import price stood at $X per ton in 2022, with a decrease of -4.6% against the previous year. In general, the import price recorded a slight decrease. The pace of growth appeared the most rapid in 2021 an increase of 28% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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