Eastern Europe: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Eastern Europe

In 2022, after five years of growth, there was significant decline in the East European market for plastics pipes and pipe fittings, when its value decreased by X% to $X. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then declined in the following year.

Production of Plastics Pipes And Pipe Fittings in Eastern Europe

In value terms, plastics pipe and pipe fitting production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2021, and then declined in the following year.

Exports of Plastics Pipes And Pipe Fittings

Exports in Eastern Europe

In 2022, after four years of growth, there was significant decline in shipments abroad of plastics pipes and pipe fittings, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then fell in the following year.

In value terms, plastics pipe and pipe fitting exports fell to $X in 2022. Total exports indicated strong 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded 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

Poland represented the largest exporting country with an export of about X tons, which resulted at X% of total exports. The Czech Republic (X tons) took the second position in the ranking, followed by Romania (X tons), Hungary (X tons) and Russia (X tons). All these countries together took near X% share of total exports. The following exporters - Bulgaria (X tons) and Latvia (X tons) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastics pipe and pipe fitting exports from Poland stood at X%. At the same time, Latvia (X%), Hungary (X%), Romania (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. The Czech Republic experienced a relatively flat trend pattern. While the share of Romania (X p.p.), Hungary (X p.p.) and Latvia (X p.p.) increased significantly in terms of the total exports from 2012-2022, 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, Poland ($X) remains the largest plastics pipe and pipe fitting supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Romania, with an X% share.

In Poland, plastics pipe and pipe fitting exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Romania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports in Eastern Europe

In 2022, the amount of plastics pipes and pipe fittings imported in Eastern Europe fell to X tons, with a decrease of X% on 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, plastics pipe and pipe fitting imports dropped to $X in 2022. The total import 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 most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

The countries with the highest levels of plastics pipe and pipe fitting imports in 2022 were Romania (X tons), Poland (X tons), Russia (X tons), the Czech Republic (X tons), Bulgaria (X tons), Hungary (X tons), Lithuania (X tons), Slovakia (X tons), Belarus (X tons), Latvia (X tons), Ukraine (X tons) and Estonia (X tons), together amounting to X% of total import.

From 2012 to 2022, 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 ($X), Russia ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Romania, Hungary, Slovakia, Bulgaria, Lithuania, Belarus, Latvia, Ukraine and Estonia lagged somewhat behind, together accounting for a further X%.

Romania, 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 2022, 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 most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :