Slovakia: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Slovakia

After two years of growth, the Slovak market for other plastic tubes, pipes and hoses decreased by -19.2% to $X in 2022. In general, consumption showed a relatively flat trend pattern. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Other Plastic Tubes, Pipes and Hoses in Slovakia

In value terms, production of other plastic tubes, pipes and hoses reduced dramatically to $X in 2022 estimated in export price. Over the period under review, production showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 1,119%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Slovakia

In 2022, exports of other plastic tubes, pipes and hoses from Slovakia declined significantly to X tons, reducing by -28.2% on 2021. Overall, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 68%. The exports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, exports of other plastic tubes, pipes and hoses shrank remarkably to $X in 2022. In general, exports, however, saw pronounced growth. The growth pace was the most rapid in 2016 when exports increased by 56%. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for exports of other plastic tubes, pipes and hoses from Slovakia, with a 67% share of total exports. Moreover, exports of other plastic tubes, pipes and hoses to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), fivefold. Poland (X tons) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic amounted to +32.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+30.2% per year) and Poland (-8.9% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for other plastic tubes, pipes and hoses exports from Slovakia, comprising 45% of total exports. The second position in the ranking was taken by Hungary ($X), with a 12% share of total exports. It was followed by Germany, with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic amounted to +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+22.4% per year) and Germany (+14.0% per year).

Export Prices by Country

The average export price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, picking up by 8.5% against the previous year. Overall, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Slovakia

In 2022, after two years of growth, there was significant decline in supplies from abroad of other plastic tubes, pipes and hoses, when their volume decreased by -11.4% to X tons. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 31%. Over the period under review, imports of attained the maximum at X tons in 2021, and then fell in the following year.

In value terms, imports of other plastic tubes, pipes and hoses contracted to $X in 2022. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and the Czech Republic (X tons) were the main suppliers of imports of other plastic tubes, pipes and hoses to Slovakia, with a combined 57% share of total imports. China, Poland, Austria and Belgium lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +19.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Czech Republic ($X) appeared to be the largest other plastic tubes, pipes and hoses suppliers to Slovakia, together accounting for 54% of total imports. Poland, China, Austria and Belgium lagged somewhat behind, together comprising a further 22%.

In terms of the main suppliers, China, with a CAGR of +20.0%, saw the highest growth rate of 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

In 2022, the average import price for other plastic tubes, pipes and hoses amounted to $X per ton, growing by 6.9% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for other plastic tubes, pipes and hoses increased by +25.6% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of 59%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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