Sweden: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Sweden

The Swedish market for flexible tubes, pipes and hoses of plastics, without fittings shrank to $X in 2022, falling by -7.4% against the previous year. In general, consumption, however, recorded resilient growth. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Sweden

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings rose markedly to $X in 2022 estimated in export price. Overall, production, however, posted strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 162% against the previous year. Production of peaked in 2022 and is likely to see steady growth in the immediate term.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports from Sweden

In 2022, exports of flexible tubes, pipes and hoses of plastics, without fittings from Sweden expanded rapidly to X tons, increasing by 12% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 13%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings totaled $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, without fittings from Sweden, with a 32% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, without fittings to Germany exceeded the volume sent to the second major destination, the UK (X tons), twofold. Norway (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+25.0% per year) and Norway (+0.9% per year).

In value terms, Germany ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, without fittings exports from Sweden, comprising 32% of total exports. The second position in the ranking was taken by Finland ($X), with a 9.8% share of total exports. It was followed by the UK, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+3.9% per year) and the UK (+17.2% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, without fittings stood at $X per ton in 2022, reducing by -6.1% against the previous year. Over the period under review, the export price recorded a noticeable decline. The growth pace was the most rapid in 2021 when the average export price increased by 13% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the 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 Denmark ($X per ton), while the average price for exports to Norway ($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 Estonia (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports into Sweden

In 2022, after two years of growth, there was significant decline in purchases abroad of flexible tubes, pipes and hoses of plastics, without fittings, when their volume decreased by -44.2% to X tons. Over the period under review, imports, however, posted a measured expansion. The most prominent rate of growth was recorded in 2020 with an increase of 25%. Imports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings declined sharply to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 20% against the previous year. Over the period under review, imports of reached the maximum at $X in 2021, and then fell markedly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, without fittings to Sweden, accounting for a 41% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, without fittings from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+6.4% per year) and the Czech Republic (+7.5% per year).

In value terms, Germany ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, without fittings to Sweden, comprising 29% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports. It was followed by the UK, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.7% per year) and the UK (+0.4% per year).

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, without fittings stood at $X per ton in 2022, increasing by 39% against the previous year. In general, the import price, however, continues to indicate a slight slump. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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