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

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

In 2022, the Slovak market for rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -21.9% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a slight setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Slovakia

In value terms, vinyl chloride polymer rigid pipes production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +7.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by 96%. Vinyl chloride polymer rigid pipes production peaked at $X in 2021, and then fell slightly in the following year.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Slovakia

In 2022, vinyl chloride polymer rigid pipes exports from Slovakia contracted to X tons, with a decrease of -5.7% against the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 93%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, vinyl chloride polymer rigid pipes exports stood at $X in 2022. In general, exports, however, continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The Czech Republic (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Slovakia, with a 89% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to the Czech Republic exceeded the volume sent to the second major destination, Austria (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic stood at +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-8.7% per year) and Hungary (-40.5% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of vinyl chloride exports from Slovakia, comprising 86% of total exports. The second position in the ranking was held by Austria ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic stood at +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-3.4% per year) and Hungary (-37.3% per year).

Export Prices by Country

The average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, with an increase of 9.7% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vinyl chloride polymer rigid pipes export price increased by +34.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 63% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to the Czech Republic ($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 (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Slovakia

After three years of growth, overseas purchases of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -22.5% to X tons in 2022. Overall, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 67% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped remarkably in the following year.

In value terms, vinyl chloride polymer rigid pipes imports dropped to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 49%. Over the period under review, imports reached the maximum at $X in 2021, and then declined in the following year.

Imports by Country

The Czech Republic (X tons), Serbia (X tons) and Hungary (X tons) were the main suppliers of vinyl chloride polymer rigid pipes imports to Slovakia, with a combined 82% share of total imports. Poland, Germany, Turkey and Austria lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +96.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Serbia ($X) and Hungary ($X) were the largest vinyl chloride polymer rigid pipes suppliers to Slovakia, together accounting for 77% of total imports. Germany, Poland, Turkey and Austria lagged somewhat behind, together accounting for a further 17%.

Among the main suppliers, Turkey, with a CAGR of +78.8%, 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

The average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, increasing by 20% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain 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 Poland (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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