Bangladesh: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2025

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

In 2022, after two years of decline, there was significant growth in the Bangladeshi market for flexible tubes, pipes and hoses of plastics, with fittings, when its value increased by 26% to $X. Over the period under review, consumption showed a significant increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

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

Exports from Bangladesh

In 2022, after two years of decline, there was significant growth in shipments abroad of flexible tubes, pipes and hoses of plastics, with fittings, when their volume increased by 1,067% to X kg. Overall, exports, however, saw a deep setback. The exports peaked at X kg 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, saw a sharp shrinkage. Over the period under review, the exports of attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X kg) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with fittings from Bangladesh, with a approx. 100% share of total exports.

From 2015 to 2022, the average annual growth rate of volume to Slovakia was relatively modest.

In value terms, Slovakia ($X) emerged as the key foreign market for flexible tubes, pipes and hoses of plastics, with fittings exports from Bangladesh.

From 2015 to 2022, the average annual growth rate of value to Slovakia was relatively modest.

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, jumping by 120% against the previous year. Overall, the export price, however, recorded a abrupt descent. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2015 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -35.9% per year.

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

Imports into Bangladesh

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2019 when imports increased by 654%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 475% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of flexible tubes, pipes and hoses of plastics, with fittings to Bangladesh, accounting for a 95% share of total imports. It was followed by India (X tons), with a 2.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +20.3%.

In value terms, China ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Bangladesh, comprising 64% of total imports. The second position in the ranking was held by India ($X), with a 1.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +25.5%.

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, reducing by -15.5% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flexible tubes, pipes and hoses of plastics, with fittings increased by +28.1% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 90%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%).

Source: IndexBox Platform

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