Eastern Europe: Textile Tubing Market 2024

Textile Tubing Market Size in Eastern Europe

In 2023, the East European textile tubing market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The total consumption indicated a tangible 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, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Textile Tubing Production in Eastern Europe

In value terms, textile tubing production declined modestly to $X in 2023 estimated in export price. Over the period under review, production, however, posted noticeable growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2023, production growth remained at a lower figure.

Textile Tubing Exports

Exports in Eastern Europe

In 2023, approx. X tons of textile hosepiping and similar textile tubing were exported in Eastern Europe; rising by X% compared with the previous year's figure. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2018 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, textile tubing exports expanded markedly to $X in 2023. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland was the main exporter of textile hosepiping and similar textile tubing in Eastern Europe, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Russia (X tons) ranks second in terms of the total exports with a X% share, followed by Latvia (X%), the Czech Republic (X%) and Belarus (X%). The following exporters - Bulgaria (X tons) and Hungary (X tons) - each recorded 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, Latvia (X%), Bulgaria (X%), Belarus (X%), Hungary (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 2012-2023. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Latvia (X p.p.), Belarus (X p.p.), Bulgaria (X p.p.) and Hungary (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Russia (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics.

In value terms, the largest textile tubing supplying countries in Eastern Europe were Poland ($X), Latvia ($X) and Russia ($X), with a combined X% share of total exports.

Latvia, with a CAGR of X%, saw 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

The export price in Eastern Europe stood at $X per ton in 2023, increasing by X% against the previous year. In general, the export price, however, showed a mild descent. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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 Bulgaria ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Textile Tubing Imports

Imports in Eastern Europe

For the fourth year in a row, Eastern Europe recorded growth in overseas purchases of textile hosepiping and similar textile tubing, which increased by X% to X tons in 2023. Total imports indicated noticeable growth 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is likely to continue growth in the immediate term.

In value terms, textile tubing imports stood at $X in 2023. Total imports indicated a slight 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum in 2023 and are likely to see gradual growth in years to come.

Imports by Country

In 2023, Russia (X tons) and Poland (X tons) represented the key importers of textile hosepiping and similar textile tubing in Eastern Europe, together committing X% of total imports. It was distantly followed by Romania (X tons), Ukraine (X tons), Belarus (X tons), Hungary (X tons) and Slovakia (X tons), together committing a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Romania ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Slovakia, Hungary, Ukraine and Belarus lagged somewhat behind, together comprising a further X%.

Hungary, 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 2023, the import price in Eastern Europe amounted to $X per ton, reducing by X% against the previous year. In general, the import price showed a perceptible slump. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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 Slovakia ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform