Eastern Europe: Market for Rigid Tubes, Pipes and Hoses of Polymers of Propylene 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Eastern Europe

The East European propylene polymer rigid pipes market shrank slightly to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market reached the maximum level at $X in 2021, and then fell slightly in the following year.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Eastern Europe

In value terms, propylene polymer rigid pipes production totaled $X in 2022 estimated in export price. The total production indicated noticeable 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, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked in 2022 and is likely to see gradual growth in years to come.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Propylene

Exports in Eastern Europe

In 2022, shipments abroad of rigid tubes, pipes and hoses of polymers of propylene decreased by X% to X tons, falling for the second year in a row after six years of growth. Total exports indicated slight growth 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, propylene polymer rigid pipes exports contracted to $X in 2022. Total exports indicated a moderate 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 2015 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Poland represented the main exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Russia (X tons), the Czech Republic (X tons) and Lithuania (X tons), together comprising a X% share of total exports. The following exporters - Belarus (X tons), Bulgaria (X tons) and Latvia (X tons) - each amounted to an X% share of total exports.

Poland experienced a relatively flat trend pattern with regard to volume of exports of rigid tubes, pipes and hoses of polymers of propylene. At the same time, Belarus (X%), Russia (X%), Latvia (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Bulgaria (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. Russia (X p.p.), Lithuania (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Poland and the Czech Republic saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Poland, propylene polymer rigid pipes exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 ($X per ton), while Russia ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Propylene

Imports in Eastern Europe

In 2022, approx. X tons of rigid tubes, pipes and hoses of polymers of propylene were imported in Eastern Europe; reducing by X% against 2021 figures. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, propylene polymer rigid pipes imports declined to $X in 2022. Over the period under review, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the twelve major importers of rigid tubes, pipes and hoses of polymers of propylene, namely Russia, the Czech Republic, Romania, Poland, Belarus, Lithuania, Ukraine, Slovakia, Latvia, Hungary, Bulgaria and Estonia, represented more than two-thirds of total import.

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

In value terms, Russia ($X), the Czech Republic ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Poland, Slovakia, Belarus, Lithuania, Ukraine, Hungary, Latvia, Bulgaria and Estonia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, 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 import price in Eastern Europe stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Hungary ($X per ton) and Slovakia ($X per ton), while Latvia ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform