United Kingdom: 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 the UK

The UK market for flexible tubes, pipes and hoses of plastics, with fittings expanded significantly to $X in 2022, picking up by 6.9% against the previous year. In general, consumption saw significant growth. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the immediate term.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings shrank slightly to $X in 2022 estimated in export price. Overall, production enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 64% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

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

Exports from the UK

In 2022, shipments abroad of flexible tubes, pipes and hoses of plastics, with fittings decreased by -28.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2021, and then contracted rapidly in the following year.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings reduced slightly to $X in 2022. Overall, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 111% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

France (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with fittings from the UK, accounting for a 27% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with fittings to France exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The third position in this ranking was held by Ireland (X tons), with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-3.7% per year) and Ireland (+10.1% per year).

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, with fittings exported from the UK were the United States ($X), Ireland ($X) and the Netherlands ($X), together accounting for 36% of total exports. France, China, Germany, Denmark, Belgium, Spain, Sweden, Norway, Australia and New Zealand lagged somewhat behind, together comprising a further 27%.

China, with a CAGR of +80.0%, recorded the highest growth rate of 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

The average export price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, rising by 37% against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 83%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to New Zealand ($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 (+27.2%), 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 the UK

In 2022, supplies from abroad of flexible tubes, pipes and hoses of plastics, with fittings increased by 11% to X tons, rising for the third year in a row after two years of decline. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +4.2% 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 +38.3% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 47%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings fell significantly to $X in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

Ireland (X tons), China (X tons) and Slovakia (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to the UK, with a combined 58% share of total imports. France, Germany, Italy, the Netherlands and the Czech Republic lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +69.3%), 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 the UK were China ($X), the Netherlands ($X) and Slovakia ($X), together comprising 23% of total imports. Ireland, Germany, France, the Czech Republic and Italy lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, Ireland, with a CAGR of +50.5%, recorded the highest rates of growth with regard to 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, reducing by -24% against the previous year. Overall, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Ireland ($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 (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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