Italy: Market for Plastic Fittings for Tubes, Pipes and Hoses 2024

Market Size for Plastic Fittings for Tubes, Pipes and Hoses in Italy

In 2021, the Italian market for plastic fittings for tubes, pipes and hoses increased by 41% to $X, rising for the sixth year in a row after three years of decline. Overall, consumption, however, showed a deep downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Plastic Fittings for Tubes, Pipes and Hoses in Italy

In value terms, production of plastic fittings for tubes, pipes and hoses skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 41%. Production of peaked in 2021 and is likely to see steady growth in the near future.

Exports of Plastic Fittings for Tubes, Pipes and Hoses

Exports from Italy

In 2021, approx. X tons of plastic fittings for tubes, pipes and hoses were exported from Italy; growing by 7.9% against 2020 figures. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 11% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, exports of plastic fittings for tubes, pipes and hoses skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Spain (X tons) were the main destinations of exports of plastic fittings for tubes, pipes and hoses from Italy, with a combined 32% share of total exports. Morocco, Poland, Belgium, Serbia, the United States, the Netherlands, Romania, Saudi Arabia, Switzerland and Hungary lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +23.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) appeared to be the largest markets for plastic fittings for tubes, pipes and hoses exported from Italy worldwide, with a combined 32% share of total exports. Serbia, the United States, Poland, Morocco, the Netherlands, Switzerland, Saudi Arabia, Romania, Belgium and Hungary lagged somewhat behind, together comprising a further 27%.

The United States, with a CAGR of +23.0%, saw the highest rates of growth with regard to 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

In 2021, the average export price for plastic fittings for tubes, pipes and hoses amounted to $X per ton, rising by 10% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2013 an increase of 11% against the previous year. The export price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($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 Poland (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Fittings for Tubes, Pipes and Hoses

Imports into Italy

In 2021, the amount of plastic fittings for tubes, pipes and hoses imported into Italy skyrocketed to X tons, picking up by 26% on 2020. The total import volume increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, imports of reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of plastic fittings for tubes, pipes and hoses surged to $X in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of plastic fittings for tubes, pipes and hoses to Italy, with a 36% share of total imports. Moreover, imports of plastic fittings for tubes, pipes and hoses from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was held by Israel (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+10.1% per year) and Israel (-0.3% per year).

In value terms, Germany ($X) constituted the largest supplier of plastic fittings for tubes, pipes and hoses to Italy, comprising 47% of total imports. The second position in the ranking was taken by China ($X), with a 7.9% share of total imports. It was followed by Spain, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.8% per year) and Spain (+11.0% per year).

Import Prices by Country

The average import price for plastic fittings for tubes, pipes and hoses stood at $X per ton in 2021, with an increase of 3.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2020 when the average import price increased by 16%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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