Ireland: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Ireland

The Irish market for plastic hoses and hose fittings surged to $X in 2021, picking up by 17% against the previous year. Overall, consumption, however, recorded a pronounced reduction. Plastic hose and hose fitting consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Plastic Hoses and Hose Fittings in Ireland

In value terms, plastic hose and hose fitting production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the production volume increased by 24% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports from Ireland

In 2021, approx. X tons of plastic hoses and hose fittings were exported from Ireland; increasing by 70% on the year before. In general, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting exports soared to $X in 2021. Overall, exports enjoyed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for plastic hose and hose fitting exports from Ireland, accounting for a 55% share of total exports. Moreover, plastic hose and hose fitting exports to the UK exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold. Lithuania (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+44.7% per year) and Lithuania (+429.2% per year).

In value terms, the UK ($X), the United States ($X) and China ($X) appeared to be the largest markets for plastic hose and hose fitting exported from Ireland worldwide, with a combined 46% share of total exports. These countries were followed by the Netherlands, Lithuania, Germany, France, India, Mexico and New Zealand, which together accounted for a further 38%.

Lithuania, with a CAGR of +211.7%, recorded 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 export price for plastic hoses and hose fittings stood at $X per ton in 2021, with an increase of 12% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2019 an increase of 42%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports into Ireland

In 2021, overseas purchases of plastic hoses and hose fittings increased by 34% to X tons, rising for the seventh year in a row after two years of decline. Overall, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting imports surged to $X in 2021. Over the period under review, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of plastic hose and hose fitting imports to Ireland, together comprising 63% of total imports. China, the United States, Spain, Belgium, Poland, Switzerland and Denmark lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +41.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of plastic hoses and hose fittings to Ireland, comprising 66% of total imports. The second position in the ranking was taken by the UK ($X), with a 10% share of total imports. It was followed by Germany, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+11.8% per year) and Germany (+23.8% per year).

Import Prices by Country

In 2021, the average import price for plastic hoses and hose fittings amounted to $X per ton, jumping by 24% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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