EU: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in the EU

The EU plastic pipe and hose market amounted to $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2023 and is expected to retain growth in the immediate term.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in the EU

In value terms, plastic pipe and hose production contracted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2022, and then reduced in the following year.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports in the EU

In 2023, overseas shipments of plastics tubes, pipes and hoses, and fitting decreased by X% to X tons, falling for the second consecutive year after ten years of growth. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, plastic pipe and hose exports expanded slightly to $X in 2023. Total exports indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2023 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons) and Italy (X tons) were the major exporters of plastics tubes, pipes and hoses, and fitting in 2023, resulting at approx. X% and X% of total exports, respectively. Poland (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Spain (X%) and the Netherlands (X%). France (X tons), the Czech Republic (X tons), Austria (X tons), Belgium (X tons), Sweden (X tons), Romania (X tons), Denmark (X tons) and Portugal (X tons) took a relatively small share of total exports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest plastic pipe and hose supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Poland, with an X% share.

In Germany, plastic pipe and hose exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Italy (X% per year) and Poland (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. 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 amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Austria ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports in the EU

In 2023, supplies from abroad of plastics tubes, pipes and hoses, and fitting decreased by X% to X tons, falling for the second consecutive year after six years of growth. Total imports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, plastic pipe and hose imports dropped modestly to $X in 2023. Total imports indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then reduced in the following year.

Imports by Country

The countries with the highest levels of plastic pipe and hose imports in 2023 were Germany (X tons), France (X tons), Belgium (X tons) and the Netherlands (X tons), together reaching X% of total import. Spain (X tons) held the next position in the ranking, followed by Italy (X tons), Poland (X tons) and Austria (X tons). All these countries together took near X% share of total imports. The following importers - the Czech Republic (X tons), Romania (X tons), Sweden (X tons), Denmark (X tons) and Bulgaria (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic pipe and hose importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together comprising X% of total imports. Italy, Poland, Belgium, Spain, Austria, the Czech Republic, Sweden, Romania, Denmark and Bulgaria lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform