European Union's Plastics Pipes and Pipe Fittings Market to Experience Modest Growth with +0.7% CAGR through 2035 - News and Statistics - IndexBox

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IndexBox has just published a new report: EU - Plastics Pipes And Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights.

The European Union is experiencing an uptick in demand for plastics pipes and pipe fittings, leading to a projected increase in market volume and value over the next decade. With an anticipated CAGR of +0.7% in volume and +1.5% in value, the market is expected to reach 3.4M tons and $18.2B by the end of 2035.

Driven by increasing demand for plastics pipes and pipe fittings in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.7% for the period from 2024 to 2035, which is projected to bring the market volume to 3.4M tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +1.5% for the period from 2024 to 2035, which is projected to bring the market value to $18.2B (in nominal wholesale prices) by the end of 2035.

In 2024, approx. 3.1M tons of plastics pipes and pipe fittings were consumed in the European Union; rising by 20% compared with 2023 figures. The total consumption volume increased at an average annual rate of +1.8% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The volume of consumption peaked at 3.6M tons in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The value of the market for plastics pipes and pipe fittings in the European Union surged to $15.5B in 2024, with an increase of 62% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $20.8B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The countries with the highest volumes of consumption in 2024 were Spain (442K tons), Italy (433K tons) and Poland (360K tons), together accounting for 40% of total consumption. Germany, France, the Netherlands, Belgium, Sweden, Denmark and Finland lagged somewhat behind, together comprising a further 40%.

From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by the Netherlands (with a CAGR of +8.3%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, Germany ($2.7B), Italy ($2.3B) and France ($2B) were the countries with the highest levels of market value in 2024, together accounting for 45% of the total market. Poland, Spain, the Netherlands, Denmark, Sweden, Finland and Belgium lagged somewhat behind, together comprising a further 36%.

In terms of the main consuming countries, the Netherlands, with a CAGR of +5.9%, recorded the highest rates of growth with regard to market size over the period under review, while market for the other leaders experienced more modest paces of growth.

The countries with the highest levels of plastics pipe and pipe fitting per capita consumption in 2024 were Denmark (18 kg per person), Finland (17 kg per person) and Sweden (12 kg per person).

From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the Netherlands (with a CAGR of +7.9%), while consumption for the other leaders experienced more modest paces of growth.

In 2024, production of plastics pipes and pipe fittings was finally on the rise to reach 3.1M tons after two years of decline. Overall, production saw a relatively flat trend pattern. The volume of production peaked at 3.7M tons in 2021; however, from 2022 to 2024, production stood at a somewhat lower figure.

In value terms, plastics pipe and pipe fitting production skyrocketed to $16.2B in 2024 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The level of production peaked at $22.1B in 2021; however, from 2022 to 2024, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2024 were Italy (542K tons), Spain (473K tons) and Germany (443K tons), together comprising 48% of total production.

From 2013 to 2024, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Spain (with a CAGR of +3.1%), while production for the other leaders experienced more modest paces of growth.

In 2024, purchases abroad of plastics pipes and pipe fittings decreased by -20.3% to 945K tons, falling for the second consecutive year after ten years of growth. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The volume of import peaked at 1.4M tons in 2022; however, from 2023 to 2024, imports remained at a lower figure.

In value terms, plastics pipe and pipe fitting imports reduced remarkably to $5.6B in 2024. Total imports indicated a pronounced increase from 2013 to 2024: its value increased at an average annual rate of +2.2% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -21.2% against 2022 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Over the period under review, imports reached the maximum at $7.1B in 2022; however, from 2023 to 2024, imports remained at a lower figure.

France (121K tons), Germany (112K tons) and Belgium (108K tons) represented roughly 36% of total imports in 2024. Spain (58K tons) held a 6.1% share (based on physical terms) of total imports, which put it in second place, followed by Sweden (5.6%) and the Czech Republic (4.6%). The following importers - the Netherlands (41K tons), Romania (40K tons), Italy (39K tons) and Denmark (36K tons) - each accounted for a 16% share of total imports.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Spain (with a CAGR of +9.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastics pipe and pipe fitting importing markets in the European Union were Germany ($1B), France ($610M) and Belgium ($435M), with a combined 37% share of total imports. Spain, Italy, the Netherlands, the Czech Republic, Sweden, Romania and Denmark lagged somewhat behind, together accounting for a further 34%.

In terms of the main importing countries, Spain, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Plastic fittings for tubes, pipes and hoses (294K tons) and rigid tubes, pipes and hoses of polymers of ethylene (266K tons) represented the key types of plastics pipes and pipe fittings in 2024, finishing at near 32% and 29% of total imports, respectively. Rigid tubes, pipes and hoses of polymers of vinyl chloride (176K tons) ranks next in terms of the total imports with a 19% share, followed by rigid tubes, pipes and hoses of polymers of propylene (12%) and rigid tubes, pipes and hoses, of other polymers (8.8%).

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the key imported products, was attained by plastic fittings for tubes, pipes and hoses (with a CAGR of +2.1%), while imports for the other products experienced more modest paces of growth.

In value terms, plastic fittings for tubes, pipes and hoses ($2.8B) constitutes the largest type of plastics pipes and pipe fittings imported in the European Union, comprising 53% of total imports. The second position in the ranking was held by rigid tubes, pipes and hoses of polymers of ethylene ($908M), with a 17% share of total imports. It was followed by rigid tubes, pipes and hoses, of other polymers, with a 14% share.

For plastic fittings for tubes, pipes and hoses, imports increased at an average annual rate of +1.9% over the period from 2013-2024. For the other products, the average annual rates were as follows: rigid tubes, pipes and hoses of polymers of ethylene (+1.9% per year) and rigid tubes, pipes and hoses, of other polymers (+2.8% per year).

In 2024, the import price in the European Union amounted to $5,938 per ton, therefore, remained relatively stable against the previous year. Over the last eleven years, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2023 when the import price increased by 16%. The level of import peaked in 2024 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major imported products. In 2024, the product with the highest price was plastic fittings for tubes, pipes and hoses ($9,648 per ton), while the price for rigid tubes, pipes and hoses of polymers of vinyl chloride ($2,474 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by rigid tubes, pipes and hoses, of other polymers (+4.8%), while the other products experienced more modest paces of growth.

In 2024, the import price in the European Union amounted to $5,938 per ton, remaining relatively unchanged against the previous year. Over the last eleven-year period, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2023 an increase of 16%. Over the period under review, import prices hit record highs in 2024 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($9,333 per ton), while Sweden ($3,735 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the other leaders experienced more modest paces of growth.

In 2024, approx. 906K tons of plastics pipes and pipe fittings were exported in the European Union; declining by -26.1% on the previous year. In general, exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 9.4% against the previous year. As a result, the exports reached the peak of 1.4M tons. From 2022 to 2024, the growth of the exports failed to regain momentum.

In value terms, plastics pipe and pipe fitting exports reduced markedly to $6.3B in 2024. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of $8.3B. From 2022 to 2024, the growth of the exports failed to regain momentum.

Germany (197K tons), Italy (148K tons), Poland (99K tons) and Spain (89K tons) represented roughly 59% of total exports in 2024. It was distantly followed by the Netherlands (47K tons), generating a 5.2% share of total exports. The Czech Republic (33K tons), Austria (31K tons), Romania (28K tons), Portugal (28K tons) and Denmark (28K tons) took a relatively small share of total exports.

From 2013 to 2024, the biggest increases were recorded for Romania (with a CAGR of +2.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($1.9B) remains the largest plastics pipe and pipe fitting supplier in the European Union, comprising 29% of total exports. The second position in the ranking was held by Italy ($786M), with a 12% share of total exports. It was followed by Poland, with a 9.1% share.

From 2013 to 2024, the average annual growth rate of value in Germany totaled -1.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-0.6% per year) and Poland (+0.0% per year).

In 2024, rigid tubes, pipes and hoses of polymers of ethylene (273K tons), plastic fittings for tubes, pipes and hoses (205K tons), rigid tubes, pipes and hoses of polymers of vinyl chloride (203K tons) and rigid tubes, pipes and hoses of polymers of propylene (146K tons) was the largest type of plastics pipes and pipe fittings in the European Union, comprising 90% of total export. It was distantly followed by rigid tubes, pipes and hoses, of other polymers (94K tons), achieving a 10% share of total exports.

From 2013 to 2024, the biggest increases were recorded for rigid tubes, pipes and hoses of polymers of propylene (with a CAGR of -0.2%), while shipments for the other products experienced a decline in the exports figures.

In value terms, plastic fittings for tubes, pipes and hoses ($3.1B) remains the largest type of plastics pipes and pipe fittings supplied in the European Union, comprising 49% of total exports. The second position in the ranking was held by rigid tubes, pipes and hoses, of other polymers ($1.1B), with a 17% share of total exports. It was followed by rigid tubes, pipes and hoses of polymers of ethylene, with a 16% share.

For plastic fittings for tubes, pipes and hoses, exports increased at an average annual rate of +1.3% over the period from 2013-2024. For the other products, the average annual rates were as follows: rigid tubes, pipes and hoses, of other polymers (+0.4% per year) and rigid tubes, pipes and hoses of polymers of ethylene (-0.2% per year).

The export price in the European Union stood at $6,999 per ton in 2024, picking up by 5.4% against the previous year. Over the period from 2013 to 2024, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2023 an increase of 11% against the previous year. The level of export peaked in 2024 and is expected to retain growth in the near future.

Prices varied noticeably by the product type; the product with the highest price was plastic fittings for tubes, pipes and hoses ($15,047 per ton), while the average price for exports of rigid tubes, pipes and hoses of polymers of vinyl chloride ($2,709 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by rigid tubes, pipes and hoses, of other polymers (+6.4%), while the other products experienced more modest paces of growth.

The export price in the European Union stood at $6,999 per ton in 2024, increasing by 5.4% against the previous year. Over the last eleven years, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2023 when the export price increased by 11% against the previous year. The level of export peaked in 2024 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2024, amid the top suppliers, the country with the highest price was Austria ($10,933 per ton), while Portugal ($3,277 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for plastics pipe and pipe fitting in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

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Understanding the Current State of The Market and Its Prospects

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The Latest Trends and Insights into The Industry

The Largest Importers on The Market and How They Succeed

The Largest Exporters on The Market and How They Succeed

The Largest Producers on The Market and Their Profiles

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