Romania: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Romania

After four years of growth, the Romanian market for flexible tubes, pipes and hoses of plastics, without fittings decreased by -2.9% to $X in 2022. Over the period under review, consumption recorded a slight descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Romania

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings contracted to $X in 2022 estimated in export price. In general, production, however, saw a modest increase. The most prominent rate of growth was recorded in 2018 with an increase of 87% against the previous year. Production of peaked at $X in 2021, and then contracted in the following year.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports from Romania

In 2022, after two years of growth, there was significant decline in overseas shipments of flexible tubes, pipes and hoses of plastics, without fittings, when their volume decreased by -10.8% to X tons. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 85%. Over the period under review, the exports of hit record highs at X tons in 2021, and then declined in the following year.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings reduced to $X in 2022. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 65% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Italy (X tons), the United States (X tons) and Germany (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, without fittings from Romania, together comprising 35% of total exports. Moldova, Spain, Bulgaria, Egypt, Poland, Chile, Turkey, Serbia, Hungary and Ukraine lagged somewhat behind, together comprising a further 49%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +168.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, without fittings exported from Romania were Italy ($X), Germany ($X) and Moldova ($X), together comprising 30% of total exports. The United States, Poland, Egypt, Turkey, Spain, Serbia, Hungary, Bulgaria, Ukraine and Chile lagged somewhat behind, together accounting for a further 50%.

Egypt, with a CAGR of +175.5%, recorded the highest growth rate of 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 2022, the average export price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, surging by 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2018 an increase of 16%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Bulgaria ($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 Chile (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports into Romania

In 2022, after four years of growth, there was significant decline in overseas purchases of flexible tubes, pipes and hoses of plastics, without fittings, when their volume decreased by -17.5% to X tons. Overall, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 16%. Imports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings shrank to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 +9.9% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 50%. Over the period under review, imports of attained the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, without fittings supplier to Romania, accounting for a 35% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, without fittings from Germany exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. Austria (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+9.6% per year) and Austria (+36.7% per year).

In value terms, Germany ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, without fittings to Romania, comprising 47% of total imports. The second position in the ranking was taken by Hungary ($X), with a 12% share of total imports. It was followed by Austria, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+11.0% per year) and Austria (+22.9% per year).

Import Prices by Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, growing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 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 Spain ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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