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

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

The Irish market for rigid tubes, pipes and hoses of polymers of vinyl chloride dropped remarkably to $X in 2022, shrinking by -53.3% against the previous year. In general, consumption saw a pronounced decline. Vinyl chloride polymer rigid pipes consumption peaked at $X in 2021, and then fell rapidly in the following year.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Ireland

In value terms, vinyl chloride polymer rigid pipes production skyrocketed to $X in 2022 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.3% 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 +55.6% against 2020 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Ireland

In 2022, exports of rigid tubes, pipes and hoses of polymers of vinyl chloride from Ireland totaled X tons, flattening at the previous year. In general, exports enjoyed a strong increase. The growth pace was the most rapid in 2013 when exports increased by 20% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, vinyl chloride polymer rigid pipes exports totaled $X in 2022. Over the period under review, exports recorded a noticeable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 25%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Ireland, accounting for a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +9.2%.

From 2012 to 2022, the average annual growth rate of value to the UK stood at +4.3%.

Export Prices by Country

In 2022, the average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, approximately mirroring the previous year. In general, the export price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 4.9% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 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 -4.5% per year.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Ireland

In 2022, purchases abroad of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by 0% to X tons, falling for the third consecutive year after two years of growth. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, vinyl chloride polymer rigid pipes imports amounted to $X in 2022. Over the period under review, imports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 21% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of vinyl chloride polymer rigid pipes to Ireland, with a 76% share of total imports. Moreover, vinyl chloride polymer rigid pipes imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was held by China (X tons), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK amounted to +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+18.2% per year) and China (+21.6% per year).

In value terms, the UK ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Ireland, comprising 70% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by China, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from the UK amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+18.2% per year) and China (+11.4% per year).

Import Prices by Country

In 2022, the average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, leveling off at the previous year. In general, the import price enjoyed a temperate increase. The growth pace was the most rapid in 2020 when the average import price increased by 17% against the previous year. The import price peaked in 2022 and is expected to retain 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 Netherlands ($X per ton), while the price for China ($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 Netherlands (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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