Eastern Europe: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Eastern Europe

The East European market for plastics pipes and pipe fittings soared to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Plastics Pipes And Pipe Fittings in Eastern Europe

In value terms, plastics pipe and pipe fitting production soared to $X in 2023 estimated in export price. The total output 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, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports in Eastern Europe

In 2023, overseas shipments of plastics pipes and pipe fittings decreased by X% to X tons, falling for the second consecutive year after five years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, plastics pipe and pipe fitting exports amounted to $X in 2023. Total exports indicated a resilient expansion 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 decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X; afterwards, it flattened through to 2023.

Exports by Country

Poland was the largest exporter of plastics pipes and pipe fittings in Eastern Europe, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Romania (X tons) held the second position in the ranking, followed by the Czech Republic (X tons), Russia (X tons) and Hungary (X tons). All these countries together took near X% share of total exports. Bulgaria (X tons) and Latvia (X tons) held a relatively small share of total exports.

From 2012 to 2023, 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%), Romania (X%), Hungary (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 2012-2023. The Czech Republic experienced a relatively flat trend pattern. Romania (X p.p.), Hungary (X p.p.) and Latvia (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 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest plastics pipe and pipe fitting supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Poland totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Romania (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

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 ($X per ton), while Russia ($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 Pipes And Pipe Fittings

Imports in Eastern Europe

In 2023, approx. X tons of plastics pipes and pipe fittings were imported in Eastern Europe; increasing by X% against the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, plastics pipe and pipe fitting imports expanded remarkably 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 pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

In 2023, Russia (X tons), Romania (X tons), Poland (X tons), the Czech Republic (X tons), Ukraine (X tons), Bulgaria (X tons), Lithuania (X tons), Hungary (X tons) and Slovakia (X tons) represented the largest importer of plastics pipes and pipe fittings in Eastern Europe, creating X% of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key 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, Ukraine, Slovakia, Bulgaria and Lithuania lagged somewhat behind, together comprising a further X%.

Bulgaria, 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, growing by X% against the previous year. Over the period from 2012 to 2023, 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 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while Lithuania ($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 more modest paces of growth.

Source: IndexBox Platform