United Kingdom: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in the UK

The UK market for other plastic tubes, pipes and hoses soared to $X in 2022, surging by 15% against the previous year. Overall, consumption showed a resilient expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Production of Other Plastic Tubes, Pipes and Hoses in the UK

In value terms, production of other plastic tubes, pipes and hoses amounted to $X in 2022 estimated in export price. In general, production saw resilient growth. The growth pace was the most rapid in 2019 with an increase of 53%. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from the UK

In 2022, overseas shipments of other plastic tubes, pipes and hoses decreased by -8.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by 64% 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, exports of other plastic tubes, pipes and hoses rose sharply to $X in 2022. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by 87%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Ireland (X tons), the United States (X tons) and France (X tons) were the main destinations of exports of other plastic tubes, pipes and hoses from the UK, together comprising 36% of total exports. Norway, Germany, Belgium, Brazil, the United Arab Emirates, the Netherlands, Sweden, Australia, Denmark and Italy lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +43.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Ireland ($X) and Germany ($X) appeared to be the largest markets for other plastic tubes, pipes and hoses exported from the UK worldwide, with a combined 36% share of total exports. France, Belgium, the Netherlands, Sweden, Norway, Brazil, Italy, Australia, the United Arab Emirates and Denmark lagged somewhat behind, together comprising a further 35%.

Brazil, with a CAGR of +36.5%, saw 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 other plastic tubes, pipes and hoses stood at $X per ton in 2022, growing by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United Arab Emirates ($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 Ireland (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into the UK

In 2022, imports of other plastic tubes, pipes and hoses into the UK skyrocketed to X tons, picking up by 61% on the previous year's figure. In general, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of other plastic tubes, pipes and hoses soared to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 +79.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of imports of other plastic tubes, pipes and hoses to the UK, with a combined 56% share of total imports. Ireland, Spain, France, the United Arab Emirates, Poland, Switzerland, the United States, Belgium, the Netherlands and Turkey lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +51.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest other plastic tubes, pipes and hoses suppliers to the UK were China ($X), Germany ($X) and the United States ($X), together accounting for 47% of total imports. Ireland, Italy, Spain, France, Poland, the United Arab Emirates, the Netherlands, Switzerland, Belgium and Turkey lagged somewhat behind, together comprising a further 40%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +54.1%, saw 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

The average import price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, declining by -8.5% against the previous year. In general, the import price recorded a pronounced downturn. The growth pace was the most rapid in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 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 the United States ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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