Ireland: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Ireland

The Irish market for other plastic tubes, pipes and hoses skyrocketed to $X in 2022, increasing by 193% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Ireland

Exports of other plastic tubes, pipes and hoses from Ireland stood at X tons in 2022, growing by 10% compared with the previous year. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 199%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of other plastic tubes, pipes and hoses skyrocketed to $X in 2022. Overall, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 473% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

The UK (X tons) was the main destination for exports of other plastic tubes, pipes and hoses from Ireland, with a 74% share of total exports. Moreover, exports of other plastic tubes, pipes and hoses to the UK exceeded the volume sent to the second major destination, China (X tons), ninefold. Germany (X tons) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+95.7% per year) and Germany (+12.1% per year).

In value terms, the largest markets for other plastic tubes, pipes and hoses exported from Ireland were China ($X), the UK ($X) and Germany ($X), together comprising 93% of total exports.

In terms of the main countries of destination, China, with a CAGR of +117.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for other plastic tubes, pipes and hoses amounted to $X per ton, increasing by 83% against the previous year. In general, the export price posted a notable increase. The pace of growth was the most pronounced in 2021 an increase of 92% against the previous year. Over the period under review, the average export prices attained the maximum 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 China ($X per ton), while the average price for exports to the Netherlands ($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 China (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Ireland

In 2022, purchases abroad of other plastic tubes, pipes and hoses was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of other plastic tubes, pipes and hoses surged to $X in 2022. Overall, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 56%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X tons), the UK (X tons) and Italy (X tons) were the main suppliers of imports of other plastic tubes, pipes and hoses to Ireland, with a combined 66% share of total imports. Germany, Poland, Portugal, the United States, Spain, Norway and Switzerland lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +282.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and China ($X) appeared to be the largest other plastic tubes, pipes and hoses suppliers to Ireland, with a combined 76% share of total imports. Italy, Germany, Spain, Portugal, Poland, Norway and Switzerland lagged somewhat behind, together accounting for a further 18%.

Portugal, with a CAGR of +248.3%, recorded the highest rates of growth with regard to 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

The average import price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, with a decrease of -50.5% against the previous year. In general, the import price, however, continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 152%. As a result, import price reached the peak level of $X per ton, and then reduced notably in the following year.

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 ($X per ton), while the price for China ($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 United States (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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