Slovenia: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Slovenia

In 2022, the Slovene market for plastics pipes and pipe fittings decreased by -12.8% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Plastics Pipes And Pipe Fittings in Slovenia

In value terms, plastics pipe and pipe fitting production expanded rapidly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 31% against the previous year. Plastics pipe and pipe fitting production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports from Slovenia

After six years of growth, overseas shipments of plastics pipes and pipe fittings decreased by -0.5% to X tons in 2022. Overall, exports, however, saw resilient growth. The pace of growth was the most pronounced in 2017 with an increase of 58% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped slightly in the following year.

In value terms, plastics pipe and pipe fitting exports dropped to $X in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Croatia (X tons), Germany (X tons) and Italy (X tons) were the main destinations of plastics pipe and pipe fitting exports from Slovenia, with a combined 68% share of total exports. The Netherlands, Serbia, Spain, Austria, Bosnia and Herzegovina, Denmark, the Czech Republic and Poland lagged somewhat behind, together comprising a further 24%.

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 +103.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Croatia ($X) and Italy ($X) were the largest markets for plastics pipe and pipe fitting exported from Slovenia worldwide, with a combined 66% share of total exports. Serbia, the Netherlands, Spain, Bosnia and Herzegovina, Austria, Denmark, Poland and the Czech Republic lagged somewhat behind, together comprising a further 22%.

Denmark, with a CAGR of +74.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 plastics pipes and pipe fittings stood at $X per ton in 2022, declining by -10.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2014 when the average export price increased by 30% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($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 (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports into Slovenia

Plastics pipe and pipe fitting imports into Slovenia rose rapidly to X tons in 2022, increasing by 12% against 2021. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 38%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, plastics pipe and pipe fitting imports reached $X in 2022. In general, imports posted strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X tons), Germany (X tons) and Serbia (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Slovenia, with a combined 61% share of total imports. Turkey, Croatia, Austria, Israel and the Czech Republic lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +122.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastics pipe and pipe fitting suppliers to Slovenia were Italy ($X), Germany ($X) and Serbia ($X), with a combined 56% share of total imports. Turkey, Austria, Croatia, Israel and the Czech Republic lagged somewhat behind, together comprising a further 23%.

Among the main suppliers, Israel, with a CAGR of +104.0%, 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

In 2022, the average import price for plastics pipes and pipe fittings amounted to $X per ton, dropping by -9.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2021, and then fell 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 Austria ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform