Ireland: 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 Ireland

In 2022, the Irish market for flexible tubes, pipes and hoses of plastics, without fittings was finally on the rise to reach $X after two years of decline. Overall, consumption, however, recorded a slight descent. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings fell remarkably to $X in 2022 estimated in export price. In general, production saw a drastic downturn. The pace of growth was the most pronounced in 2021 when the production volume increased by 125% against the previous year. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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

Exports from Ireland

For the fourth year in a row, Ireland recorded decline in overseas shipments of flexible tubes, pipes and hoses of plastics, without fittings, which decreased by -59.3% to X tons in 2022. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 37% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings surged to $X in 2022. Over the period under review, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, without fittings from Ireland, with a 40% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, without fittings to the United States exceeded the volume sent to the second major destination, the UK (X tons), twofold. China (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-10.5% per year) and China (+18.8% per year).

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, without fittings exported from Ireland were the United States ($X), China ($X) and Germany ($X), together accounting for 57% of total exports. The UK, Mexico, France, Switzerland, Italy, Thailand, Australia and the United Arab Emirates lagged somewhat behind, together comprising a further 19%.

Thailand, with a CAGR of +49.0%, recorded the highest growth rate of 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 flexible tubes, pipes and hoses of plastics, without fittings stood at $X per ton in 2022, jumping by 202% against the previous year. In general, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Thailand ($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 (+34.8%), 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 Ireland

In 2022, supplies from abroad of flexible tubes, pipes and hoses of plastics, without fittings decreased by 0% to X tons, falling for the second year in a row after two years of growth. Overall, imports enjoyed a tangible expansion. The growth pace was the most rapid in 2017 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings stood at $X in 2022. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 18%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

The UK (X tons), the United States (X tons) and Cyprus (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, without fittings to Ireland, with a combined 63% share of total imports. Germany, Poland, France and Belgium lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +22.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, without fittings to Ireland, comprising 80% of total imports. The second position in the ranking was held by the UK ($X), with a 3.5% share of total imports. It was followed by Germany, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+1.8% per year) and Germany (+9.4% per year).

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, approximately mirroring the previous year. In general, the import price recorded tangible growth. The most prominent rate of growth was recorded in 2018 an increase of 36%. The import price peaked in 2022 and is likely to continue growth in the near future.

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 United States ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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