Brazil: 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 Brazil

The Brazilian market for flexible tubes, pipes and hoses of plastics, with fittings shrank modestly to $X in 2022, stabilizing at the previous year. Overall, consumption, however, saw a perceptible descent. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Brazil

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings declined slightly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 13%. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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

Exports from Brazil

In 2022, exports of flexible tubes, pipes and hoses of plastics, with fittings from Brazil shrank sharply to X tons, declining by -31.5% on the previous year's figure. Overall, exports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. As a result, the exports reached the peak of X tons, and then contracted rapidly in the following year.

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, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 242%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Argentina (X tons), Nigeria (X tons) and Bolivia (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with fittings from Brazil, together comprising 76% of total exports. Paraguay, Uruguay and India lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +51.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) emerged as the key foreign market for flexible tubes, pipes and hoses of plastics, with fittings exports from Brazil, comprising 55% of total exports. The second position in the ranking was taken by India ($X), with an 11% share of total exports. It was followed by Nigeria, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Argentina stood at +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+49.2% per year) and Nigeria (-0.9% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, with an increase of 87% against the previous year. In general, the export price recorded measured growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Bolivia ($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 Uruguay (+2.5%), 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 Brazil

In 2022, overseas purchases of flexible tubes, pipes and hoses of plastics, with fittings decreased by -29.5% to X tons, falling for the second year in a row after five years of growth. Over the period under review, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 180% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings amounted to $X in 2022. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 92% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The United States (X tons), China (X tons) and Thailand (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to Brazil, with a combined 74% share of total imports. Serbia, Italy, Poland, Mexico, Germany, France and Chile lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +187.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, with fittings suppliers to Brazil were Thailand ($X), the United States ($X) and Serbia ($X), with a combined 62% share of total imports.

In terms of the main suppliers, Serbia, with a CAGR of +255.8%, 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

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, jumping by 43% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 84%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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