EU: Market for Tube Or Pipe Fittings Of Non-Malleable Cast Iron 2020

Market Size for Tube Or Pipe Fittings Of Non-Malleable Cast Iron in the EU

The EU market for tube or pipe fittings of non-malleable cast iron rose modestly to $X in 2019, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. The level of consumption peaked in 2019 and is expected to retain growth in years to come.

Production of Tube Or Pipe Fittings Of Non-Malleable Cast Iron in the EU

In value terms, non-malleable cast iron pipe fittings production rose slightly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. The level of production peaked in 2019 and is expected to retain growth in years to come.

Production By Country in the EU

The countries with the highest volumes of non-malleable cast iron pipe fittings production in 2019 were Poland (X tons), Italy (X tons) and Germany (X tons), with a combined X% share of total production.

From 2007 to 2019, the most notable rate of growth in terms of non-malleable cast iron pipe fittings production, amongst the main producing countries, was attained by Italy, while non-malleable cast iron pipe fittings production for the other leaders experienced more modest paces of growth.

Exports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Exports in the EU

In 2019, the amount of tube or pipe fittings of non-malleable cast iron exported in the European Union contracted to X tons, declining by -X% on the previous year. Overall, exports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, non-malleable cast iron pipe fittings exports fell to $X in 2019. In general, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. The level of export peaked at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) and Italy (X tons) were the key exporters of tube or pipe fittings of non-malleable cast iron in 2019, amounting to near X% and X% of total exports, respectively. The Netherlands (X tons) ranks next in terms of the total exports with a X% share, followed by Germany (X%), the Czech Republic (X%), France (X%), Croatia (X%) and Austria (X%). Denmark (X tons), Spain (X tons), Portugal (X tons) and Belgium (X tons) occupied a little share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark, while exports for the other leaders experienced mixed trends in the exports figures.

In value terms, Italy ($X), the UK ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2019, with a combined X% share of total exports. These countries were followed by Germany, the Czech Republic, Denmark, France, Spain, Austria, Croatia, Belgium and Portugal, which together accounted for a further X recorded the highest growth rate of the value of exports, among 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

The export price for tube or pipe fittings of non-malleable cast iron in the European Union stood at $X per ton in 2019, flattening at the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per ton in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Denmark ($X per ton), while Croatia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Imports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Imports in the EU

After two years of growth, supplies from abroad of tube or pipe fittings of non-malleable cast iron decreased by -X% to X tons in 2019. In general, imports saw a noticeable contraction. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, non-malleable cast iron pipe fittings imports reduced slightly to $X in 2019. Over the period under review, imports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

The UK (X tons) and France (X tons) represented roughly X% of total imports of tube or pipe fittings of non-malleable cast iron in 2019. Germany (X tons) ranks next in terms of the total imports with a X% share, followed by Poland (X%), Ireland (X%), Italy (X%), Belgium (X%) and the Netherlands (X%). Sweden (X tons), Spain (X tons), Austria (X tons) and Denmark (X tons) took a relatively small share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ireland, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2019, together comprising X% of total imports. These countries were followed by Spain, Belgium, Sweden, Poland, Italy, Austria, Ireland, the Netherlands and Denmark, which together accounted for a further X recorded the highest rates of growth with regard to 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 2019, the import price for tube or pipe fittings of non-malleable cast iron in the European Union amounted to $X per ton, remaining stable against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. The level of import peaked at $X per ton in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Germany ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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