Eastern Europe: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Eastern Europe

In 2023, the East European plastic pipe and hose market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. 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 throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2022, and then fell in the following year.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in Eastern Europe

In value terms, plastic pipe and hose production expanded modestly to $X in 2023 estimated in export price. The total production indicated a mild increase 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, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports in Eastern Europe

In 2023, plastic pipe and hose exports in Eastern Europe amounted to X tons, approximately equating the previous year's figure. Total exports indicated a measured increase from 2012 to 2023: its volume 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, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, plastic pipe and hose exports rose rapidly to $X in 2023. Total exports indicated a remarkable increase 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2023 and are likely to continue growth in the near future.

Exports by Country

In 2023, Poland (X tons) represented the key exporter of plastics tubes, pipes and hoses, and fitting, achieving X% of total exports. The Czech Republic (X tons) ranks second in terms of the total exports with a X% share, followed by Romania (X%), Russia (X%) and Hungary (X%). The following exporters - Estonia (X tons) and Bulgaria (X tons) - each reached a X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Romania (X%), Hungary (X%), Bulgaria (X%), Russia (X%) and Estonia (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. The Czech Republic experienced a relatively flat trend pattern. While the share of Romania (X p.p.) and Hungary (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of 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 largest plastic pipe and hose supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Romania ($X), with a combined X% share of total exports. Hungary, Bulgaria, Russia and Estonia lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, rising 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 the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports in Eastern Europe

In 2023, the amount of plastics tubes, pipes and hoses, and fitting imported in Eastern Europe expanded to X tons, growing by X% on 2022. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, plastic pipe and hose imports rose significantly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X; afterwards, it flattened through to 2023.

Imports by Country

Russia (X tons), Poland (X tons), the Czech Republic (X tons), Romania (X tons), Bulgaria (X tons), Ukraine (X tons), Hungary (X tons), Lithuania (X tons) and Slovakia (X tons) represented roughly X% of total imports in 2023.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Romania, Hungary, Slovakia, Ukraine, Bulgaria and Lithuania lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 Eastern Europe 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 2021 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform