Slovakia: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Slovakia

The Slovak market for rigid tubes, pipes and hoses, of other polymers shrank sharply to $X in 2022, falling by -32.7% against the previous year. In general, consumption, however, saw a buoyant expansion. As a result, consumption attained the peak level of $X, and then fell remarkably in the following year.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Slovakia

In value terms, production of rigid tubes, pipes and hoses, of other polymers declined notably to $X in 2022 estimated in export price. Over the period under review, production faced a sharp shrinkage. Over the period under review, production of reached the peak level at $X in 2021, and then reduced remarkably in the following year.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Slovakia

In 2022, overseas shipments of rigid tubes, pipes and hoses, of other polymers increased by 87% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a deep contraction. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers surged to $X in 2022. Over the period under review, exports, however, continue to indicate a sharp slump. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Austria (X tons) and Hungary (X tons) were the main destinations of exports of rigid tubes, pipes and hoses, of other polymers from Slovakia, with a combined 91% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +59.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rigid tubes, pipes and hoses, of other polymers exported from Slovakia were Poland ($X), Hungary ($X) and Austria ($X), together accounting for 72% of total exports.

Among the main countries of destination, Poland, with a CAGR of +44.0%, recorded 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

The average export price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, growing by 1.8% against the previous year. In general, the export price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 46%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a 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 France ($X per ton), while the average price for exports to Austria ($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 France (+1.5%), while the prices for the other major destinations experienced a decline.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Slovakia

Imports of rigid tubes, pipes and hoses, of other polymers into Slovakia declined modestly to X tons in 2022, which is down by -3.7% on 2021. In general, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 60%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers dropped to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and the Czech Republic (X tons) were the main suppliers of imports of rigid tubes, pipes and hoses, of other polymers to Slovakia, together accounting for 63% of total imports. South Korea, Romania, Italy, Serbia, Austria and Poland lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +183.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and South Korea ($X) constituted the largest rigid tubes, pipes and hoses, of other polymers suppliers to Slovakia, together comprising 66% of total imports. Serbia, the Czech Republic, Italy, Romania, Poland and Austria lagged somewhat behind, together comprising a further 28%.

Among the main suppliers, Serbia, with a CAGR of +145.6%, recorded 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 rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, falling by -1.9% against the previous year. In general, the import price, however, saw pronounced growth. The pace of growth was the most pronounced in 2016 an increase of 73%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Serbia ($X per ton), while the price for Romania ($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 (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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