Slovenia: Market for Rigid Tubes, Pipes and Hoses of Polymers of Propylene 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Slovenia

In 2022, the Slovene propylene polymer rigid pipes market decreased by -17.5% to $X, falling for the third year in a row after two years of growth. In general, consumption showed a pronounced descent. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Slovenia

In value terms, propylene polymer rigid pipes production fell slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a buoyant increase. The growth pace was the most rapid in 2017 when the production volume increased by 151%. Over the period under review, production attained the maximum level at $X in 2019; afterwards, it flattened through to 2022.

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

Exports from Slovenia

Propylene polymer rigid pipes exports from Slovenia reduced sharply to X tons in 2022, which is down by -26.9% against 2021 figures. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 51% against the previous year. The exports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, propylene polymer rigid pipes exports declined significantly to $X in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 64%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Croatia (X tons) was the main destination for propylene polymer rigid pipes exports from Slovenia, with a 47% share of total exports. Moreover, propylene polymer rigid pipes exports to Croatia exceeded the volume sent to the second major destination, Italy (X tons), threefold. Spain (X tons) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Croatia totaled +37.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+7.7% per year) and Spain (+27.9% per year).

In value terms, the largest markets for propylene polymer rigid pipes exported from Slovenia were Croatia ($X), Italy ($X) and Spain ($X), with a combined 69% share of total exports. Poland, Denmark, the Czech Republic, Austria, North Macedonia, the United Arab Emirates, Serbia and Portugal lagged somewhat behind, together comprising a further 23%.

In terms of the main countries of destination, Portugal, with a CAGR of +280.0%, recorded the highest growth rate of 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 propylene polymer rigid pipes export price stood at $X per ton in 2022, declining by -5.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 25% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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 Austria ($X per ton), while the average price for exports to the United Arab Emirates ($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 Portugal (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Slovenia

After three years of growth, supplies from abroad of rigid tubes, pipes and hoses of polymers of propylene decreased by -55.1% to X tons in 2022. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when imports increased by 127% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, propylene polymer rigid pipes imports contracted remarkably to $X in 2022. Overall, imports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2016 with an increase of 111% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X tons), Serbia (X tons) and Germany (X tons) were the main suppliers of propylene polymer rigid pipes imports to Slovenia, with a combined 68% share of total imports. Austria, Croatia, Hungary and Spain lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +178.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Serbia ($X) and Germany ($X) appeared to be the largest propylene polymer rigid pipes suppliers to Slovenia, with a combined 65% share of total imports. Austria, Hungary, Croatia and Spain lagged somewhat behind, together comprising a further 27%.

Spain, with a CAGR of +171.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average propylene polymer rigid pipes import price stood at $X per ton in 2022, increasing by 8.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2018 an increase of 29%. 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 Spain ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform