Bangladesh: 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 Bangladesh

The Bangladeshi market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa reached $X in 2021, surging by 5.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.5% 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 increased by +22.4% against 2018 indices. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

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

Exports from Bangladesh

In 2021, the amount of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Bangladesh totaled X tons, stabilizing at 2020. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 450%. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X in 2021. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 308%. Over the period under review, the exports of reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest.

From 2012 to 2021, the average annual growth rate of value to France was relatively modest.

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, remaining stable against the previous year. Overall, the export price recorded a modest expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for Maldives amounted to -48.0% per year.

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

Imports into Bangladesh

In 2021, approx. X tons of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa were imported into Bangladesh; surging by 7.5% against 2020 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 36%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa expanded notably to $X in 2021. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 112% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa supplier to Bangladesh, with a 87% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-9.2% per year) and India (-5.0% per year).

In value terms, China ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Bangladesh, comprising 86% of total imports. The second position in the ranking was taken by South Korea ($X), with a 4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-13.5% per year) and India (-1.4% per year).

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, shrinking by -2% against the previous year. Overall, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by +60.9% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of 56%. The import price peaked at $X per ton in 2020, and then fell modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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