Luxembourg: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Luxembourg

The Luxembourg plastic pipe and hose market fell to $X in 2022, with a decrease of X% against the previous year. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in Luxembourg

In value terms, plastic pipe and hose production reduced to $X in 2022 estimated in export price. Overall, production saw a noticeable setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Luxembourg

In 2022, overseas shipments of plastics tubes, pipes and hoses, and fitting increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic pipe and hose exports expanded significantly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

France (X tons) was the main destination for plastic pipe and hose exports from Luxembourg, with a X% share of total exports. Moreover, plastic pipe and hose exports to France exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the UK (X% per year).

In value terms, France ($X) remains the key foreign market for plastics tubes, pipes and hoses, and fitting exports from Luxembourg, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by the UK, with an X% share.

From 2012 to 2022, the average annual growth rate of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average plastic pipe and hose export price amounted to $X per ton, leveling off at the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic pipe and hose export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Luxembourg

In 2022, approx. X tons of plastics tubes, pipes and hoses, and fitting were imported into Luxembourg; reducing by X% against 2021 figures. In general, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, plastic pipe and hose imports contracted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main suppliers of plastic pipe and hose imports to Luxembourg, together accounting for X% of total imports.

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

In value terms, Germany ($X), Belgium ($X) and France ($X) constituted the largest plastic pipe and hose suppliers to Luxembourg, together accounting for X% of total imports.

Belgium, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average plastic pipe and hose import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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