Australia and Oceania: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Australia and Oceania

The market for flexible tubes, pipes and hoses of plastics, with fittings in Australia and Oceania totaled $X in 2022, approximately equating the previous year. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +38.5% against 2019 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Australia and Oceania

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings amounted to $X in 2022 estimated in export price. Overall, production, however, showed significant growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by 2,317%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports in Australia and Oceania

In 2022, the amount of flexible tubes, pipes and hoses of plastics, with fittings exported in Australia and Oceania soared to X tons, increasing by 18% on the previous year. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 69% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022. Overall, exports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2018 when exports increased by 85%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia was the largest exporter of flexible tubes, pipes and hoses of plastics, with fittings in Australia and Oceania, with the volume of exports accounting for X tons, which was approx. 78% of total exports in 2022. It was distantly followed by New Zealand (X tons), comprising a 21% share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of flexible tubes, pipes and hoses of plastics, with fittings. At the same time, New Zealand (+9.0%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +9.0% from 2012-2022. While the share of New Zealand (+12 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-12.6 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest flexible tubes, pipes and hoses of plastics, with fittings supplier in Australia and Oceania, comprising 73% of total exports. The second position in the ranking was held by New Zealand ($X), with a 27% share of total exports.

In Australia, exports of flexible tubes, pipes and hoses of plastics, with fittings shrank by an average annual rate of -4.6% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, picking up by 49% against the previous year. Over the period under review, the export price, however, showed a noticeable curtailment. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+0.6%).

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports in Australia and Oceania

In 2022, imports of flexible tubes, pipes and hoses of plastics, with fittings in Australia and Oceania expanded notably to X tons, increasing by 5.1% against the previous year's figure. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.1% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 47% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings stood at $X in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when imports increased by 14%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

Australia dominates fittings structure, finishing at X tons, which was approx. 85% of total imports in 2022. It was distantly followed by New Zealand (X tons), creating a 5.7% share of total imports. New Caledonia (X tons), Fiji (X tons), Papua New Guinea (X tons) and French Polynesia (X tons) followed a long way behind the leaders.

Imports into Australia increased at an average annual rate of +6.7% from 2012 to 2022. At the same time, New Caledonia (+22.4%) and French Polynesia (+11.2%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +22.4% from 2012-2022. New Zealand experienced a relatively flat trend pattern. By contrast, Fiji (-4.2%) and Papua New Guinea (-4.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia and New Caledonia increased by +8.1 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported flexible tubes, pipes and hoses of plastics, with fittings in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 9.6% share of total imports. It was followed by French Polynesia, with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +4.5%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+5.4% per year) and French Polynesia (+17.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, growing by 2.3% against the previous year. In general, the import price, however, saw a slight setback. The most prominent rate of growth was recorded in 2014 when the import price increased by 18% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by French Polynesia (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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