Rigid plastic tubes, pipes and hoses of PE market in Hungary

Earlier Report Observations

The market for rigid plastic tubes, pipes and hoses of PE in Hungary expanded consistently from 2018 to 2022, with volume growing by over 45% across the period to reach 22 481 tonnes. This growth was particularly strong in 2022, when the market size increased by more than a quarter compared to the previous year.

However, this upward trajectory reversed sharply in 2023, with market volume dropping by 40% to 13 487 tonnes. The contraction continued into 2024, falling a further 17% to 11 227 tonnes, which brought the market below its 2018 starting point.

In value terms, the market followed a similar pattern, peaking at around $63 million in 2022 before declining to $28 million in 2024. The value per tonne fluctuated, reflecting changes in product mix or pricing pressures during the period.

Production rigid plastic tubes, pipes and hoses of PE in Hungary

In value, 2018-2021, K $ US

In 2021, Hungary's production of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) reached a value of 56 808 thousand US dollars, marking a significant increase of 27.7% compared to the previous year. Over the period from 2018 to 2021, production grew by 41.6%, which translates to an annualized growth rate of 12.3%. The most notable decline occurred in 2020, with a drop of 5.3%.

Annual dynamics of production in Hungary in value, 2018-2021, K $ US

In kind, 2018-2021, t

Hungary's production of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) has increased for the third consecutive year. In 2021, the country produced 23 505 tonnes, reflecting a moderate gain of 4.1% from 2020. From 2018 to 2021, production rose by 20.3%, with a compound annual growth rate (CAGR) of 6.3%.

Annual dynamics of production in Hungary in kind, 2018-2021, t

Exports rigid plastic tubes, pipes and hoses of PE from Hungary

Exports in kind, t

Hungary's exports of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) have grown for the third year in a row. In 2021, exports totaled 12 316 tonnes, representing an increase of 23.3% compared to 2020. Between 2018 and 2021, exports surged by 69.5%, with a compound annual growth rate (CAGR) of 19.2%.

Annual dynamics of product's exports from Hungary in kind, 2018-2021, t

From 2018 to 2021, France, Austria, and Germany were the primary destinations for Hungary's exports of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) in volume terms. France accounted for 56.8% of exports, Austria for 9.3%, and Germany for 8.2%, together making up 74.3% of total exports.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Hungary in kind, 2018-2021

Exports in value, K $ US

Hungary's exports of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) have increased for the third consecutive year. In 2021, the value of these exports reached 27 003 thousand US dollars, showing a substantial rise of 63.0% compared to 2020. Over the period from 2018 to 2021, exports doubled, growing by 100%, which equates to an annualized rate of 26.0%.

Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US

From 2018 to 2021, the three main markets for Hungary's exports of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) in value terms were France, Slovakia, and Austria. Together, they accounted for 66.5% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Hungary in value, 2018-2021

Imports rigid plastic tubes, pipes and hoses of PE to Hungary

Imports in kind, t

In 2021, Hungary's imports of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) amounted to 6 538 tonnes, which is 52.5% higher than in the previous year. Between 2018 and 2021, imports more than doubled, increasing by 104.2%, with an annualized growth rate of 26.9%. The largest decline was recorded in 2020, at 4.4%.

Annual dynamics of product's imports to Hungary in kind, 2018-2021, t

From 2018 to 2021, Germany, Poland, and Serbia were the top suppliers of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) to Hungary in volume terms. Germany held a 24.9% share of imports, Poland 20.2%, and Serbia 12.2%, with their combined share reaching 57.3% of total imports.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Hungary in kind, 2018-2021

Imports in value, K $ US

In 2021, the value of Hungary's imports of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) was 21 263 thousand US dollars, representing a 47.7% increase compared to the previous year. Over the period from 2018 to 2021, imports grew by 63%, with a compound annual growth rate (CAGR) of 17.7%. The most significant decline occurred in 2020, with a drop of 4.2%.

Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US

From 2018 to 2021, Germany, Poland, and Italy were the leading sources for Hungary's imports of rigid plastic tubes, pipes, and hoses made from polyethylene (PE) in value terms. Germany accounted for 31.1% of import value, Poland for 24.1%, and Italy for 12.0%, together making up 67.2% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Hungary in value, 2018-2021