Australia: 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

For the third consecutive year, the Australian market for flexible tubes, pipes and hoses of plastics, with fittings recorded growth in sales value, which increased by 7.3% to $X in 2022. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 +47.0% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

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

Exports from Australia

In 2022, approx. X tons of flexible tubes, pipes and hoses of plastics, with fittings were exported from Australia; rising by 17% against 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 95% against the previous year. The exports peaked 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 soared to $X in 2022. Over the period under review, exports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2018 with an increase of 77%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), New Zealand (X tons) and Papua New Guinea (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with fittings from Australia, together accounting for 86% of total exports. Cote d'Ivoire, Singapore and Thailand lagged somewhat behind, together accounting for a further 5.2%.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +69.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, with fittings exported from Australia were the United States ($X), New Zealand ($X) and Singapore ($X), with a combined 65% share of total exports. Papua New Guinea, Cote d'Ivoire and Thailand lagged somewhat behind, together comprising a further 8.1%.

In terms of the main countries of destination, Cote d'Ivoire, with a CAGR of +51.5%, 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 2022, the average export price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, increasing by 48% against the previous year. Over the period under review, the export price, however, showed a perceptible descent. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Australia

For the third year in a row, Australia recorded growth in purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings, which increased by 8.2% to X tons in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.7% 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 +27.0% against 2013 indices. The pace of growth appeared the most rapid in 2013 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings rose remarkably to $X in 2022. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +62.5% against 2014 indices. The most prominent rate of growth was recorded in 2015 with an increase of 17% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Australia, with a 68% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with fittings from China exceeded the figures recorded by the second-largest supplier, Israel (X tons), ninefold. The UK (X tons) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+70.7% per year) and the UK (+3.2% per year).

In value terms, China ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Australia, comprising 49% of total imports. The second position in the ranking was taken by the United States ($X), with a 24% share of total imports. It was followed by Taiwan (Chinese), with a 6% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.3% per year) and Taiwan (Chinese) (+9.0% per year).

Import Prices by Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, standing approx. at the previous year. Overall, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 31%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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