Slovenia: 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 Slovenia

The Slovene market for rigid tubes, pipes and hoses of polymers of vinyl chloride expanded markedly to $X in 2022, surging by 8.1% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +46.6% against 2020 indices. Vinyl chloride polymer rigid pipes consumption peaked in 2022 and is expected to retain growth in the immediate term.

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

In value terms, vinyl chloride polymer rigid pipes production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 24% against the previous year. Vinyl chloride polymer rigid pipes production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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

Exports from Slovenia

Vinyl chloride polymer rigid pipes exports from Slovenia reduced markedly to X tons in 2022, waning by -28.6% on the previous year's figure. Overall, exports, however, showed a slight expansion. The pace of growth was the most pronounced in 2017 when exports increased by 172%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, vinyl chloride polymer rigid pipes exports reduced notably to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 148%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Croatia (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Slovenia, accounting for a 93% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to Croatia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), more than tenfold. The third position in this ranking was held by Italy (X tons), with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Croatia stood at +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+25.0% per year) and Italy (-14.0% per year).

In value terms, Croatia ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of vinyl chloride exports from Slovenia, comprising 84% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 4.8% share of total exports. It was followed by Austria, with a 0.4% share.

From 2012 to 2022, the average annual growth rate of value to Croatia totaled +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+19.9% per year) and Austria (-35.7% per year).

Export Prices by Country

In 2022, the average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, rising by 18% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

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 ($X per ton), while the average price for exports to Croatia ($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 (+10.4%), while the prices for the other major destinations experienced a decline.

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

Imports into Slovenia

In 2022, approx. X tons of rigid tubes, pipes and hoses of polymers of vinyl chloride were imported into Slovenia; dropping by -6.6% compared with the year before. The total import volume increased at an average annual rate of +3.9% 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 2013 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, vinyl chloride polymer rigid pipes imports rose modestly to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% 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 +39.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

Italy (X tons), Serbia (X tons) and Germany (X tons) were the main suppliers of vinyl chloride polymer rigid pipes imports to Slovenia, with a combined 84% share of total imports. Hungary, Austria, Croatia, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +40.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Slovenia, comprising 50% of total imports. The second position in the ranking was held by Serbia ($X), with a 24% share of total imports. It was followed by Germany, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+10.0% per year) and Germany (+15.9% per year).

Import Prices by Country

In 2022, the average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, rising by 9.5% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 import price increased by +30.2% against 2016 indices. The growth pace was the most rapid in 2016 an increase of 29%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Poland ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform