EU: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2024

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in the EU

The EU rubber tube and pipe market soared to $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Tubes, Pipes And Hoses Of Vulcanized Rubber in the EU

In value terms, rubber tube and pipe production expanded slightly to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports in the EU

In 2023, after two years of growth, there was significant decline in overseas shipments of tubes, pipes and hoses of vulcanized rubber, 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 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, rubber tube and pipe exports rose notably to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

Italy (X tons), Germany (X tons), Poland (X tons) and the Czech Republic (X tons) represented roughly X% of total exports in 2023. It was distantly followed by Spain (X tons) and Bulgaria (X tons), together constituting an X% share of total exports. The following exporters - Sweden (X tons), France (X tons), Romania (X tons), the Netherlands (X tons), Austria (X tons), Hungary (X tons) and Belgium (X tons) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest rubber tube and pipe supplying countries in the European Union were Germany ($X), Italy ($X) and Poland ($X), with a combined X% share of total exports. The Czech Republic, Bulgaria, France, Romania, Spain, Hungary, the Netherlands, Belgium, Austria and Sweden lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to 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 in the European Union stood at $X per ton in 2023, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Belgium ($X per ton), while Sweden ($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 Netherlands (X%), while the other leaders experienced more modest paces of growth.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports in the EU

After two years of growth, overseas purchases of tubes, pipes and hoses of vulcanized rubber decreased by X% to X tons in 2023. The total import volume 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 in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2022, and then declined in the following year.

In value terms, rubber tube and pipe imports expanded rapidly to $X in 2023. The total import 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. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, Germany (X tons), distantly followed by Italy (X tons), France (X tons), Spain (X tons), Poland (X tons), the Netherlands (X tons), the Czech Republic (X tons) and Belgium (X tons) were the key importers of tubes, pipes and hoses of vulcanized rubber, together comprising X% of total imports. The following importers - Sweden (X tons), Austria (X tons), Romania (X tons), Denmark (X tons) and Hungary (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to rubber tube and pipe imports into Germany stood at X%. At the same time, Denmark (X%), Hungary (X%), Poland (X%), Italy (X%), Romania (X%) and France (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Belgium, Austria, Spain, Sweden and the Czech Republic experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Poland and Italy increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported tubes, pipes and hoses of vulcanized rubber in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

In Germany, rubber tube and pipe imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, jumping by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

Source: IndexBox Platform