Ireland: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Ireland

In 2022, after three years of growth, there was significant decline in the Irish market for rigid tubes, pipes and hoses, of other polymers, when its value decreased by -94.8% to $X. Overall, consumption recorded a dramatic setback. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Ireland

In value terms, production of rigid tubes, pipes and hoses, of other polymers reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +13.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the production volume increased by 27%. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports from Ireland

In 2022, shipments abroad of rigid tubes, pipes and hoses, of other polymers decreased by 0% to X tons, falling for the third year in a row after eight years of growth. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 219%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers totaled $X in 2022. Over the period under review, exports saw strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 90%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The UK (X tons) was the main destination for exports of rigid tubes, pipes and hoses, of other polymers from Ireland, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +31.4%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +23.1%.

Export Prices by Country

In 2022, the average export price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 4.7% 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.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -6.3% per year.

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

Imports into Ireland

Imports of rigid tubes, pipes and hoses, of other polymers into Ireland contracted markedly to X tons in 2022, reducing by -72% against 2021 figures. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 241% against the previous year. As a result, imports attained the peak of X tons, and then contracted significantly in the following year.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers shrank markedly to $X in 2022. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2014 when imports increased by 81%. Over the period under review, imports of reached the maximum at $X in 2021, and then dropped notably in the following year.

Imports by Country

The UK (X tons), the United Arab Emirates (X tons) and the United States (X tons) were the main suppliers of imports of rigid tubes, pipes and hoses, of other polymers to Ireland, together comprising 79% of total imports. Belgium, Germany and China lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +40.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rigid tubes, pipes and hoses, of other polymers suppliers to Ireland were the United States ($X), the UK ($X) and the United Arab Emirates ($X), together accounting for 84% of total imports. Belgium, Germany and China lagged somewhat behind, together comprising a further 9.4%.

Germany, with a CAGR of +33.1%, saw the highest rates of growth with regard to the value of imports, among 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 rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, growing by 187% against the previous year. Overall, the import price, however, showed a slight slump. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Arab Emirates (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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