Sweden: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Sweden

The Swedish ethylene polymer rigid pipes market amounted to $X in 2021, surging by 12% against the previous year. In general, consumption, however, recorded a pronounced reduction. Ethylene polymer rigid pipes consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Sweden

In value terms, ethylene polymer rigid pipes production totaled $X in 2021 estimated in export price. Overall, production, however, showed a perceptible decrease. Ethylene polymer rigid pipes production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from Sweden

In 2021, approx. X tons of rigid tubes, pipes and hoses of polymers of ethylene were exported from Sweden; declining by -10.6% on the previous year's figure. Overall, exports showed a slight slump. The pace of growth was the most pronounced in 2020 when exports increased by 26% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, ethylene polymer rigid pipes exports expanded sharply to $X in 2021. The total export value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 14% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Finland (X tons), Norway (X tons) and Denmark (X tons) were the main destinations of ethylene polymer rigid pipes exports from Sweden, with a combined 86% share of total exports. These countries were followed by the UK and Estonia, which together accounted for a further 4.5%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +8.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of ethylene exports from Sweden, comprising 46% of total exports. The second position in the ranking was held by Denmark ($X), with a 17% share of total exports. It was followed by Norway, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Finland stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-0.9% per year) and Norway (-3.4% per year).

Export Prices by Country

In 2021, the average ethylene polymer rigid pipes export price amounted to $X per ton, surging by 25% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into Sweden

In 2021, imports of rigid tubes, pipes and hoses of polymers of ethylene into Sweden shrank to X tons, with a decrease of -5.6% against the previous year. Overall, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.6% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of 45% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, ethylene polymer rigid pipes imports totaled $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.7% against 2017 indices. The most prominent rate of growth was recorded in 2016 with an increase of 40%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Norway (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of ethylene polymer rigid pipes imports to Sweden, together comprising 81% of total imports. Poland, Estonia, Turkey, the Netherlands, France and Finland lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +43.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene polymer rigid pipes suppliers to Sweden were Germany ($X), Denmark ($X) and Norway ($X), together accounting for 79% of total imports. These countries were followed by Poland, Estonia, Turkey, the Netherlands, France and Finland, which together accounted for a further 15%.

Estonia, with a CAGR of +35.3%, saw the highest rates of growth with regard to the value of imports, among 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 ethylene polymer rigid pipes import price stood at $X per ton in 2021, with an increase of 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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