Bolivia: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Bolivia

The Bolivian market for plastics pipes and pipe fittings rose rapidly to $X in 2022, increasing by 6.1% 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, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Plastics Pipes And Pipe Fittings

Exports from Bolivia

In 2022, the amount of plastics pipes and pipe fittings exported from Bolivia reduced dramatically to X kg, with a decrease of -99.7% on the previous year's figure. In general, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2019 with an increase of 125% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastics pipe and pipe fitting exports contracted notably to $X in 2022. Overall, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2019 with an increase of 117% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X kg) was the main destination for plastics pipe and pipe fitting exports from Bolivia, accounting for a 68% share of total exports. Moreover, plastics pipe and pipe fitting exports to Canada exceeded the volume sent to the second major destination, Argentina (X kg), threefold. Brazil (X kg) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at +145.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+2,100.0% per year) and Brazil (-57.6% per year).

In value terms, Argentina ($X) emerged as the key foreign market for plastics pipes and pipe fittings exports from Bolivia, comprising 65% of total exports. The second position in the ranking was held by Peru ($X), with a 17% share of total exports. It was followed by Brazil, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Argentina totaled +1,830.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-44.1% per year) and Brazil (-51.4% per year).

Export Prices by Country

The average export price for plastics pipes and pipe fittings stood at $X per ton in 2022, rising by 13% against the previous year. In general, the export price saw a pronounced increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Canada ($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 Peru (+49.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports into Bolivia

In 2022, approx. X tons of plastics pipes and pipe fittings were imported into Bolivia; approximately reflecting the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 85% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, plastics pipe and pipe fitting imports totaled $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 48% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Brazil (X tons), China (X tons) and Argentina (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Bolivia, together comprising 67% of total imports. Chile, Colombia, Paraguay, the United States, Peru, Spain, Italy and Germany lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +31.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and China ($X) appeared to be the largest plastics pipe and pipe fitting suppliers to Bolivia, together comprising 58% of total imports. Spain, Chile, Colombia, the United States, Paraguay, Peru, Italy and Germany lagged somewhat behind, together comprising a further 34%.

Among the main suppliers, Italy, with a CAGR of +23.8%, saw the highest rates of growth with regard to 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

The average import price for plastics pipes and pipe fittings stood at $X per ton in 2022, increasing by 3.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform