Scandinavia: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Scandinavia

The Scandinavia ethylene polymer rigid pipes market rose slightly to $X in 2021, growing by 3.4% against the previous year. Over the period under review, consumption recorded slight growth. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Scandinavia

In value terms, ethylene polymer rigid pipes production stood at $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports in Scandinavia

In 2021, exports of rigid tubes, pipes and hoses of polymers of ethylene in Scandinavia contracted to X tons, declining by -7.5% against the year before. Overall, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 34%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, ethylene polymer rigid pipes exports amounted to $X in 2021. Over the period under review, exports saw a slight slump. The most prominent rate of growth was recorded in 2017 when exports increased by 38% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons) and Norway (X tons) dominates exports structure, together mixing up 91% of total exports. It was distantly followed by Finland (X tons), committing a 9.3% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Finland (with a CAGR of +0.1%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest ethylene polymer rigid pipes supplying countries in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

In terms of the main exporting countries, Sweden, with a CAGR of +1.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, picking up by 18% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.7%), while the other leaders experienced a decline in the export price figures.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports in Scandinavia

In 2021, approx. X tons of rigid tubes, pipes and hoses of polymers of ethylene were imported in Scandinavia; which is down by -8.5% compared with the year before. Total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +8.5% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 26%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, ethylene polymer rigid pipes imports expanded notably to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +22.2% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by 25% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Sweden (X tons) and Finland (X tons) represented the main importers of rigid tubes, pipes and hoses of polymers of ethylene in Scandinavia, together finishing at approx. 71% of total imports. It was distantly followed by Norway (X tons), generating a 29% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +5.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Finland ($X) and Norway ($X) constituted the countries with the highest levels of imports in 2021.

In terms of the main importing countries, Sweden, with a CAGR of +6.6%, 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 import price in Scandinavia stood at $X per ton in 2021, growing by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+1.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform