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

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

The Serbian plastic pipe and hose market expanded significantly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Plastic pipe and hose consumption peaked in 2022 and is likely to see steady growth in the immediate term.

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

In value terms, plastic pipe and hose production skyrocketed to $X in 2022 estimated in export price. Overall, production recorded a buoyant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Serbia

In 2022, shipments abroad of plastics tubes, pipes and hoses, and fitting decreased by X% to X tons for the first time since 2011, thus ending a ten-year rising trend. In general, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell slightly in the following year.

In value terms, plastic pipe and hose exports shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped slightly in the following year.

Exports by Country

Croatia (X tons), Hungary (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of plastic pipe and hose exports from Serbia, with a combined X% share of total exports. The Czech Republic, Slovakia, Italy, Bulgaria, Slovenia, Romania, Denmark, Germany, Montenegro and Greece lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), Hungary ($X) and Croatia ($X) were the largest markets for plastic pipe and hose exported from Serbia worldwide, together comprising X% of total exports. The Czech Republic, Bosnia and Herzegovina, Italy, Slovakia, Bulgaria, Slovenia, Romania, Montenegro, Denmark and Greece lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Denmark, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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 plastic pipe and hose export price amounted to $X per ton, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Denmark ($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 Slovakia (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 Serbia

In 2022, the amount of plastics tubes, pipes and hoses, and fitting imported into Serbia expanded notably to X tons, picking up by X% against the previous year. Overall, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastic pipe and hose imports reached $X in 2022. In general, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of plastic pipe and hose to Serbia, accounting for a X% share of total imports. Moreover, plastic pipe and hose imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Germany (X% per year).

In value terms, Italy ($X), Germany ($X) and Poland ($X) were the largest plastic pipe and hose suppliers to Serbia, together comprising X% of total imports. Turkey, China, North Macedonia, France, Romania, Hungary, Bulgaria and Greece lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, China, with a CAGR of X%, 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 average plastic pipe and hose import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

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

Source: IndexBox Platform