Sweden: 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 Sweden

The Swedish propylene polymer rigid pipes market rose sharply to $X in 2022, surging by 5.7% against the previous year. Overall, consumption, however, continues to indicate a mild downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

In value terms, propylene polymer rigid pipes production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2021 when the production volume increased by 29%. As a result, production reached the peak level of $X, and then declined in the following year.

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

Exports from Sweden

In 2022, exports of rigid tubes, pipes and hoses of polymers of propylene from Sweden dropped dramatically to X tons, declining by -39.6% on the year before. Over the period under review, exports showed a pronounced setback. The pace of growth was the most pronounced in 2013 when exports increased by 14% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, propylene polymer rigid pipes exports contracted remarkably to $X in 2022. Overall, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, the exports reached the peak of $X, and then dropped sharply in the following year.

Exports by Country

Norway (X tons), Denmark (X tons) and Finland (X tons) were the main destinations of propylene polymer rigid pipes exports from Sweden, with a combined 90% share of total exports. The Netherlands lagged somewhat behind, accounting for a further 5.1%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +15.4%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Norway ($X) and Finland ($X) appeared to be the largest markets for propylene polymer rigid pipes exported from Sweden worldwide, together accounting for 89% of total exports. The Netherlands lagged somewhat behind, accounting for a further 4.3%.

Among the main countries of destination, the Netherlands, with a CAGR of +16.0%, saw the highest rates of growth with regard to 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, waning by -5.9% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propylene polymer rigid pipes export price increased by +59.8% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 23% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell 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 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 Denmark (+5.3%), 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 Sweden

In 2022, approx. X tons of rigid tubes, pipes and hoses of polymers of propylene were imported into Sweden; declining by -49.8% against 2021. Overall, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2015 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, propylene polymer rigid pipes imports contracted remarkably to $X in 2022. Over the period under review, imports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 15%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Norway (X tons), Lithuania (X tons) and Denmark (X tons) were the main suppliers of propylene polymer rigid pipes imports to Sweden, together comprising 57% of total imports. Poland, Italy, Germany and Finland lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +36.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest propylene polymer rigid pipes suppliers to Sweden were Norway ($X), Lithuania ($X) and Italy ($X), with a combined 55% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +35.0%, saw 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 propylene polymer rigid pipes import price amounted to $X per ton, rising by 3.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 17%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Italy ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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