Ireland: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Ireland

After two years of growth, the Irish market for flexible tubes, pipes and hoses of plastics, with fittings decreased by -80.9% to $X in 2022. Overall, consumption, however, recorded a buoyant expansion. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Ireland

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings surged to $X in 2022 estimated in export price. In general, production continues to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 200% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports from Ireland

In 2022, approx. X tons of flexible tubes, pipes and hoses of plastics, with fittings were exported from Ireland; picking up by 282% compared with the year before. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 366%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 197% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Lithuania (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with fittings from Ireland, accounting for a 89% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with fittings to Lithuania exceeded the volume sent to the second major destination, the UK (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lithuania amounted to +145.7%.

In value terms, Lithuania ($X) emerged as the key foreign market for flexible tubes, pipes and hoses of plastics, with fittings exports from Ireland, comprising 27% of total exports. The second position in the ranking was taken by the UK ($X), with an 8.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Lithuania totaled +142.4%.

Export Prices by Country

In 2022, the average export price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, which is down by -64.7% against the previous year. Overall, the export price faced a abrupt setback. The growth pace was the most rapid in 2021 an increase of 95% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Lithuania stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports into Ireland

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings decreased by 0% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a tangible increase. The growth pace was the most rapid in 2014 with an increase of 45%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings stood at $X in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by 71% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Ireland, accounting for a 45% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with fittings from the UK exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+27.3% per year) and China (-1.2% per year).

In value terms, the largest flexible tubes, pipes and hoses of plastics, with fittings suppliers to Ireland were the United States ($X), the UK ($X) and Tunisia ($X), together comprising 77% of total imports. India, Germany, France, China and Italy lagged somewhat behind, together comprising a further 11%.

Among the main suppliers, India, with a CAGR of +33.1%, recorded the highest growth rate of 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 import price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, almost unchanged from the previous year. In general, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 72%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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