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

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

The Irish propylene polymer rigid pipes market expanded notably to $X in 2022, growing by 13% against the previous year. Over the period under review, consumption, however, continues to indicate a slight contraction. Propylene polymer rigid pipes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, propylene polymer rigid pipes production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when the production volume increased by 10%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from Ireland

Propylene polymer rigid pipes exports from Ireland declined rapidly to X tons in 2022, falling by -48.3% compared with 2021 figures. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 32%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, propylene polymer rigid pipes exports contracted dramatically to $X in 2022. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for propylene polymer rigid pipes exports from Ireland, accounting for a 97% share of total exports. It was followed by the United States (X tons), with a 1.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled -2.8%.

In value terms, the UK ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of propylene exports from Ireland, comprising 87% of total exports. The second position in the ranking was held by the United States ($X), with a 5.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

In 2022, the average propylene polymer rigid pipes export price amounted to $X per ton, with an increase of 5.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2013 when the average export price increased by 21% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 the United States ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.7%).

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

Imports into Ireland

In 2022, imports of rigid tubes, pipes and hoses of polymers of propylene into Ireland dropped markedly to X tons, which is down by -24.8% against 2021. Overall, imports, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2018 when imports increased by 129% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, propylene polymer rigid pipes imports reduced dramatically to $X in 2022. In general, imports, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2013 with an increase of 77% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest propylene polymer rigid pipes supplier to Ireland, accounting for a 53% share of total imports. Moreover, propylene polymer rigid pipes imports from India exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to +29.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+11.2% per year) and Belgium (+31.3% per year).

In value terms, India ($X), the UK ($X) and Turkey ($X) constituted the largest propylene polymer rigid pipes suppliers to Ireland, together accounting for 72% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +56.1%, saw the highest rates of growth with regard to 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 propylene polymer rigid pipes import price stood at $X per ton in 2022, falling by -16.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 120% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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