Eastern Europe: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in Eastern Europe

The East European metal flexible tubing market stood at $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, saw a noticeable descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Flexible Tubing Production in Eastern Europe

In value terms, metal flexible tubing production rose to $X in 2022 estimated in export price. In general, production showed a noticeable descent. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Metal Flexible Tubing Exports

Exports in Eastern Europe

After two years of growth, overseas shipments of iron or steel flexible tubing decreased by X% to X tons in 2022. Total exports indicated a resilient 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 2018 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped in the following year.

In value terms, metal flexible tubing exports declined to $X in 2022. Total exports indicated a pronounced increase 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

The Czech Republic was the key exporting country with an export of around X tons, which reached X% of total exports. Poland (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Russia (X%) and Bulgaria (X%). The following exporters - Romania (X tons), Belarus (X tons) and Latvia (X tons) - together made up X% of total exports.

Exports from the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Latvia (X%), Romania (X%), Poland (X%), Bulgaria (X%) and Russia (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Romania (X p.p.), Latvia (X p.p.) and Bulgaria (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest metal flexible tubing supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

In the Czech Republic, metal flexible tubing exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and Bulgaria (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced more modest paces of growth.

Metal Flexible Tubing Imports

Imports in Eastern Europe

In 2022, supplies from abroad of iron or steel flexible tubing increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, metal flexible tubing imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Slovakia was the major importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Poland (X tons), Russia (X tons), the Czech Republic (X tons), Romania (X tons) and Hungary (X tons), together committing a X% share of total imports. Bulgaria (X tons) followed a long way behind the leaders.

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

In value terms, the largest metal flexible tubing importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), together accounting for X% of total imports. Romania, Slovakia, Hungary and Bulgaria lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, recorded 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

In 2022, the import price in Eastern Europe amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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