Sweden: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Sweden

The Swedish market for flexible tubes, pipes and hoses of plastics, with fittings declined to $X in 2022, reducing by -10.5% against the previous year. Over the period under review, consumption, however, continues to indicate modest growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Sweden

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022 estimated in export price. Overall, production, however, showed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 184% against the previous year. Production of peaked in 2022 and is expected to retain growth in years to come.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports from Sweden

In 2022, the amount of flexible tubes, pipes and hoses of plastics, with fittings exported from Sweden totaled X tons, remaining relatively unchanged against 2021 figures. In general, exports, however, continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 44% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings contracted slightly to $X in 2022. Overall, exports saw a resilient increase. The growth pace was the most rapid in 2018 when exports increased by 62% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Denmark (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with fittings from Sweden, with a 46% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with fittings to Denmark exceeded the volume sent to the second major destination, Norway (X tons), fourfold. Finland (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Denmark amounted to +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+9.8% per year) and Finland (-2.4% per year).

In value terms, Denmark ($X), the United States ($X) and Norway ($X) constituted the largest markets for flexible tubes, pipes and hoses of plastics, with fittings exported from Sweden worldwide, together accounting for 35% of total exports. Finland, Japan, South Korea, Poland, Albania and Portugal lagged somewhat behind, together accounting for a further 14%.

Albania, with a CAGR of +2,867.8%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the average export price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, dropping by -1.7% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flexible tubes, pipes and hoses of plastics, with fittings increased by +85.7% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of 29% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then fell modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Denmark ($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 the United States (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports into Sweden

For the third year in a row, Sweden recorded growth in overseas purchases of flexible tubes, pipes and hoses of plastics, with fittings, which increased by 2.4% to X tons in 2022. Overall, imports, however, recorded a slight decrease. The pace of growth was the most pronounced in 2013 with an increase of 47%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings declined to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 90% against the previous year. Over the period under review, imports of reached the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

Germany (X tons), the UK (X tons) and China (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to Sweden, with a combined 64% share of total imports. Poland, France, Bulgaria, Latvia, Italy, the Netherlands, the United States, Taiwan (Chinese), Denmark and Finland lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +98.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, with fittings suppliers to Sweden were Germany ($X), Poland ($X) and Bulgaria ($X), together comprising 52% of total imports. The UK, the United States, China, France, the Netherlands, Italy, Denmark, Taiwan (Chinese), Latvia and Finland lagged somewhat behind, together accounting for a further 39%.

In terms of the main suppliers, Latvia, with a CAGR of +123.8%, 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 flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, shrinking by -11.3% against the previous year. Overall, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 49% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted 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 the United States ($X per ton), while the price for Latvia ($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 (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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