Argentina: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Argentina

In 2021, after two years of decline, there was significant growth in the Argentinian market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, when its value increased by 41% to $X. In general, consumption, however, saw a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports from Argentina

In 2021, the amount of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Argentina dropped sharply to X kg, which is down by -83.7% on the previous year. Over the period under review, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2019 when exports increased by 1,386% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa contracted rapidly to $X in 2021. Overall, exports saw a sharp setback. The most prominent rate of growth was recorded in 2015 with an increase of 1,186% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Argentina, with a 48% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to the United States exceeded the volume sent to the second major destination, Brazil (X kg), fourfold. The third position in this ranking was held by Paraguay (X kg), with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+25.5% per year) and Paraguay (-20.1% per year).

In value terms, Brazil ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exports from Argentina, comprising 35% of total exports. The second position in the ranking was held by Paraguay ($X), with a 15% share of total exports. It was followed by the United States, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value to Brazil stood at +46.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-12.8% per year) and the United States (+0.5% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, reducing by -18.2% against the previous year. In general, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of 256%. As a result, the export price reached the peak level of $X per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Angola ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports into Argentina

Imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa into Argentina skyrocketed to X tons in 2021, with an increase of 34% against the previous year. Overall, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 37% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa surged to $X in 2021. In general, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

South Korea (X tons), the United States (X tons) and China (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Argentina, with a combined 46% share of total imports. These countries were followed by Brazil, Italy, Hong Kong SAR, Ireland, India, Turkey, Spain and Austria, which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +108.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Argentina, comprising 22% of total imports. The second position in the ranking was held by South Korea ($X), with a 3.2% share of total imports. It was followed by China, with a 3% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-13.4% per year) and China (-13.2% per year).

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, approximately equating the previous year. Overall, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by +21.6% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 79%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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