Australia: 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 Australia

The Australian market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa surged to $X in 2021, jumping by 18% against the previous year. Over the period under review, consumption recorded a strong increase. Consumption of peaked 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 Australia

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa soared to $X in 2021 estimated in export price. Overall, production recorded prominent growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 87%. Production of peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

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

Exports from Australia

In 2021, the amount of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Australia soared to X tons, increasing by 123% compared with the previous year. Over the period under review, exports, however, showed a deep reduction. Over the period under review, the exports of hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa surged to $X in 2021. Overall, exports saw measured growth. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons), the United States (X tons) and Singapore (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Australia, together accounting for 85% of total exports. Ghana and Papua New Guinea lagged somewhat behind, together comprising a further 7.6%.

From 2012 to 2021, the biggest increases were recorded for Ghana (with a CAGR of +38.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), the United States ($X) and Singapore ($X) were the largest markets for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Australia worldwide, together comprising 80% of total exports. These countries were followed by Ghana and Papua New Guinea, which together accounted for a further 9%.

Among the main countries of destination, Ghana, with a CAGR of +30.1%, recorded 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 2021, the average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, shrinking by -1.6% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 101%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to Singapore ($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 Singapore (+15.1%), 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 Australia

In 2021, purchases abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by 38% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +46.7% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 48% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood 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. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 52%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

China (X tons), the UK (X tons) and the United States (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Australia, together comprising 54% of total imports. Germany, India, Italy, Austria and Japan lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +39.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the UK ($X) and the United States ($X) appeared to be the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa suppliers to Australia, together comprising 54% of total imports. These countries were followed by Germany, India, Italy, Austria and Japan, which together accounted for a further 32%.

Among the main suppliers, India, with a CAGR of +36.0%, recorded 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 2021, the average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, growing by 5.3% against the previous year. Over the period under review, the import price enjoyed a strong increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 54% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were India ($X per ton) and Japan ($X per ton), while the price for Italy ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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