Overview of the Global Market for Plastics Tubes, Pipes And Hoses, And Fitting

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting

The global plastic pipe and hose market totaled $X in 2023, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the global market failed to regain momentum.

Production of Plastics Tubes, Pipes And Hoses, And Fitting

In value terms, plastic pipe and hose production rose 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; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Global production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports

Global plastic pipe and hose exports declined modestly to X tons in 2023, approximately mirroring 2022 figures. 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 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 tons. From 2022 to 2023, the growth of the global exports remained at a somewhat lower figure.

In value terms, plastic pipe and hose exports dropped slightly to $X in 2023. Over the period under review, total exports indicated a moderate increase 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked at $X in 2022, and then reduced modestly in the following year.

Exports by Country

In 2023, China (X tons), distantly followed by Germany (X tons), Italy (X tons), Turkey (X tons) and the United States (X tons) were the main exporters of plastics tubes, pipes and hoses, and fitting, together committing X% of total exports. The following exporters - Poland (X tons), Mexico (X tons), Spain (X tons), the Netherlands (X tons), Canada (X tons), France (X tons) and India (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, Mexico (X%), India (X%), Spain (X%), Poland (X%), Canada (X%), France (X%) and Italy (X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The Netherlands, Germany and Turkey experienced a relatively flat trend pattern. By contrast, the United States (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China and Mexico 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 ($X), China ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of global exports. Italy, Poland, the Netherlands, France, Turkey, Spain, Canada, Mexico and India lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic pipe and hose export price stood at $X per ton in 2023, stabilizing at the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. The global export price 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 the United States ($X per ton), while Turkey ($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 United States (X%), while the other global leaders experienced more modest paces of growth.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports

In 2023, supplies from abroad of plastics tubes, pipes and hoses, and fitting decreased by X% to X tons, falling for the second year in a row after five years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of global imports remained at a lower figure.

In value terms, plastic pipe and hose imports declined modestly to $X in 2023. Over the period under review, total imports indicated a perceptible 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 was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at $X in 2022, and then reduced modestly in the following year.

Imports by Country

In 2023, the United States (X tons), followed by Germany (X tons) and France (X tons) were the main importers of plastics tubes, pipes and hoses, and fitting, together creating X% of total imports. Belgium (X tons), Mexico (X tons), Iraq (X tons), the Netherlands (X tons), Canada (X tons), Russia (X tons), Spain (X tons), Italy (X tons), the UK (X tons) and Poland (X tons) held a minor share of total imports.

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

In value terms, the largest plastic pipe and hose importing markets worldwide were the United States ($X), Germany ($X) and Mexico ($X), with a combined X% share of global imports. France, the Netherlands, Canada, Italy, Poland, the UK, Belgium, Spain, Russia and Iraq lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic pipe and hose import price stood at $X per ton in 2023, standing approx. at the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

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

Source: IndexBox Platform