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

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Belgium

The Belgian plastic pipe and hose market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption enjoyed a prominent expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in Belgium

In value terms, plastic pipe and hose production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Plastic pipe and hose production peaked in 2022 and is likely to see steady growth in years to come.

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Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Belgium

In 2022, the amount of plastics tubes, pipes and hoses, and fitting exported from Belgium totaled X tons, with an increase of X% compared with 2021. Over the period under review, total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic pipe and hose exports fell slightly to $X in 2022. Overall, exports saw notable growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021, and then fell modestly in the following year.

Exports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main destinations of plastic pipe and hose exports from Belgium, together comprising X% of total exports. Italy, the UK, Poland, the United States, Austria, Luxembourg, Spain, Switzerland, Russia and Algeria lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for plastic pipe and hose exported from Belgium were the Netherlands ($X), France ($X) and Germany ($X), together accounting for X% of total exports. Italy, the UK, the United States, Spain, Austria, Poland, Switzerland, Luxembourg, Russia and Algeria lagged somewhat behind, together comprising a further X%.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average plastic pipe and hose export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Algeria ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Belgium

In 2022, approx. X tons of plastics tubes, pipes and hoses, and fitting were imported into Belgium; growing by X% against 2021. In general, imports saw buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, plastic pipe and hose imports stood at $X in 2022. Overall, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main suppliers of plastic pipe and hose imports to Belgium, with a combined X% share of total imports. Italy, Poland, China and Spain lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest plastic pipe and hose suppliers to Belgium were Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total imports. Italy, Poland, China and Spain lagged somewhat behind, together comprising a further X%.

Among the main suppliers, China, with a CAGR of X%, recorded 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 plastic pipe and hose import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked 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 France ($X per ton), while the price for the Netherlands ($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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform