ASEAN: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2025

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in ASEAN

The ASEAN market for rigid tubes, pipes and hoses, of other polymers declined remarkably to $X in 2022, with a decrease of -16.7% against the previous year. In general, consumption saw a pronounced setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in ASEAN

In value terms, production of rigid tubes, pipes and hoses, of other polymers dropped modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 45% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports in ASEAN

In 2022, exports of rigid tubes, pipes and hoses, of other polymers in ASEAN soared to X tons, increasing by 78% on the previous year's figure. Total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers shrank to $X in 2022. Total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +2.9% against 2020 indices. The growth pace was the most rapid in 2014 when exports increased by 30%. Over the period under review, the exports of attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

Vietnam was the main exporter of rigid tubes, pipes and hoses, of other polymers in ASEAN, with the volume of exports recording X tons, which was near 53% of total exports in 2022. Thailand (X tons) held a 28% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (12%). The following exporters - Malaysia (X tons) and Singapore (X tons) - together made up 6.7% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of +33.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest rigid tubes, pipes and hoses, of other polymers supplying countries in ASEAN were Thailand ($X), Vietnam ($X) and Singapore ($X), with a combined 90% share of total exports.

In terms of the main exporting countries, Vietnam, with a CAGR of +10.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, waning by -49.9% against the previous year. Overall, the export price showed a pronounced downturn. The pace of growth was the most pronounced in 2021 an increase of 46%. As a result, the export price attained the peak level of $X per ton, and then shrank significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.0%), while the other leaders experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports in ASEAN

Imports of rigid tubes, pipes and hoses, of other polymers declined modestly to X tons in 2022, approximately reflecting the previous year's figure. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 34%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers expanded remarkably to $X in 2022. Over the period under review, imports saw a slight downturn. The pace of growth was the most pronounced in 2018 with an increase of 91% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

The purchases of the three major importers of rigid tubes, pipes and hoses, of other polymers, namely the Philippines, Thailand and Indonesia, represented more than half of total import. It was distantly followed by Singapore (X tons), Vietnam (X tons), Myanmar (X tons), Cambodia (X tons) and Malaysia (X tons), together creating a 42% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +11.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rigid tubes, pipes and hoses, of other polymers importing markets in ASEAN were Thailand ($X), Singapore ($X) and the Philippines ($X), with a combined 58% share of total imports.

In terms of the main importing countries, the Philippines, with a CAGR of +16.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, surging by 6.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 42%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform