Asia-Pacific: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2025

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

The Asia-Pacific market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X in 2021, picking up by 2.3% against the previous year. The total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.7% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Asia-Pacific

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X in 2021 estimated in export price. The total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.6% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 25%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

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

Exports in Asia-Pacific

In 2021, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X mpa in Asia-Pacific skyrocketed to X tons, picking up by 17% on the previous year's figure. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa soared to $X in 2021. The total export value increased at an average annual rate of +5.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the major exporting country with an export of about X tons, which resulted at 59% of total exports. Malaysia (X tons) held the second position in the ranking, followed by South Korea (X tons), Hong Kong SAR (X tons) and India (X tons). All these countries together took near 36% share of total exports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +2.8% from 2012 to 2021. At the same time, Taiwan (Chinese) (+20.8%) and Malaysia (+4.5%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +20.8% from 2012-2021. India experienced a relatively flat trend pattern. By contrast, South Korea (-3.3%) and Hong Kong SAR (-5.0%) illustrated a downward trend over the same period. China (+8.1 p.p.), Malaysia (+2.7 p.p.) and Taiwan (Chinese) (+1.5 p.p.) significantly strengthened its position in terms of the total exports, while South Korea and Hong Kong SAR saw its share reduced by -4.8% and -6.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa supplier in Asia-Pacific, comprising 59% of total exports. The second position in the ranking was taken by Malaysia ($X), with an 11% share of total exports. It was followed by India, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +7.0%. In the other countries, the average annual rates were as follows: Malaysia (+15.4% per year) and India (+10.1% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, picking up by 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2013 when the export price increased by 12% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.5%), while the other leaders experienced more modest paces of growth.

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

Imports in Asia-Pacific

For the third consecutive year, Asia-Pacific recorded growth in overseas purchases of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, which increased by 15% to X tons in 2021. The total import volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 26% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports of remained at a somewhat 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. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa in 2021 were the Philippines (X tons), Hong Kong SAR (X tons), Vietnam (X tons), China (X tons), Myanmar (X tons), Lao People's Democratic Republic (X tons), Singapore (X tons), Indonesia (X tons), Australia (X tons), South Korea (X tons) and India (X tons), together amounting to 87% of total import. Malaysia (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of +31.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa in Asia-Pacific, comprising 39% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 10% share of total imports. It was followed by Hong Kong SAR, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +4.2%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+22.1% per year) and Hong Kong SAR (-1.6% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, flattening at the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 42%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+10.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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