Plastic Pipe And Hose Prices in the United States

U.S. Plastic Pipe And Hose Export Price per Ton in June 2022

In June 2022, the plastic pipe and hose price per ton amounted to $11.5K (FOB, US), flattening at the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 12% against the previous month. As a result, the export price reached the peak level of $12.9K per ton. From March 2022 to June 2022, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Chile ($7.8K per ton), while the average price for exports to Mexico ($4.6K per ton) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+1.6%), while the prices for the other major destinations experienced a decline.

U.S. Plastic Pipe And Hose Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was flexible tubes, pipes and hoses of plastics, with fittings ($36.7K per ton), while the average price for exports of rigid tubes, pipes and hoses of polymers of ethylene ($5.0K per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: propylene polymer rigid pipes (+4.8%), while the prices for the other products experienced more modest paces of growth.

U.S. Plastic Pipe And Hose Exports

In August 2022, approximately 26K tons of plastics tubes, pipes and hoses, and fitting were exported from the United States; picking up by 2.8% compared with the previous month's figure. The total export volume increased at an average monthly rate of +2.0% from January 2022 to August 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in March 2022 with an increase of 30% against the previous month.

In value terms, plastic pipe and hose exports rose significantly to $320M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +2.8% from January 2022 to August 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain months. The pace of growth was the most pronounced in March 2022 when exports increased by 22% against the previous month. As a result, the exports reached the peak of $339M. From April 2022 to August 2022, the growth of the exports remained at a somewhat lower figure.

U.S. Plastic Pipe And Hose Exports by Type

Flexible tubes, pipes and hoses of plastics, without fittings (7.2K tons), plastic fittings for tubes, pipes and hoses (4.8K tons) and rigid tubes, pipes and hoses of polymers of vinyl chloride (4K tons) were the main products of plastic pipe and hose exports from the United States, with a combined 61% share of total exports. Rigid tubes, pipes and hoses of polymers of ethylene, other plastic tubes, pipes and hoses, rigid tubes, pipes and hoses, of other polymers, flexible tubes, pipes and hoses of plastics, with fittings, flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 mpa and rigid tubes, pipes and hoses of polymers of propylene lagged somewhat behind, together comprising a further 39%.

From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by ethylene polymer rigid pipes (with a CAGR of +8.9%), while the other products experienced more modest paces of growth.

In value terms, the most traded types of plastics tubes, pipes and hoses, and fitting in the United States were flexible tubes, pipes and hoses of plastics, without fittings ($100M), plastic fittings for tubes, pipes and hoses ($80M) and other plastic tubes, pipes and hoses ($41M), with a combined 69% share of total exports. These products were followed by flexible tubes, pipes and hoses of plastics, with fittings, rigid tubes, pipes and hoses of polymers of vinyl chloride, rigid tubes, pipes and hoses of polymers of ethylene, rigid tubes, pipes and hoses, of other polymers, flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 mpa and rigid tubes, pipes and hoses of polymers of propylene, which together accounted for a further 31%.

Ethylene polymer rigid pipes, with a CAGR of +11.9%, saw the highest growth rate of the value of exports, among the main product categories over the period under review, while shipments for the other products experienced more modest paces of growth.

U.S. Plastic Pipe And Hose Exports by Country

Canada (2.4K tons) was the main destination for plastic pipe and hose exports from the United States, with a 8.2% share of total exports. Moreover, plastic pipe and hose exports to Canada exceeded the volume sent to the second major destination, Mexico (789 tons), threefold. The third position in this ranking was held by the UK (134 tons), with a 0.5% share.

From January 2022 to June 2022, the average monthly growth rate of volume to Canada amounted to -22.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (-37.5% per month) and the UK (-11.3% per month).

In value terms, Canada ($14M) emerged as the key foreign market for plastic pipe and hose exports from the United States, comprising 4.3% of total exports. The second position in the ranking was taken by Mexico ($3.6M), with a 1.1% share of total exports. It was followed by the UK, with a 0.2% share.

From January 2022 to June 2022, the average monthly rate of growth in terms of value to Canada stood at -24.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (-46.3% per month) and the UK (-38.2% per month).

Source: IndexBox Market Intelligence Platform