Brazil: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Brazil

The Brazilian market for plastic hoses and hose fittings totaled $X in 2021, approximately mirroring the previous year. Over the period under review, consumption, however, showed a pronounced slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Plastic Hoses and Hose Fittings in Brazil

In value terms, plastic hose and hose fitting production fell modestly to $X in 2021 estimated in export price. Overall, production, however, saw a noticeable decrease. The growth pace was the most rapid in 2017 with an increase of 10% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Plastic Hoses and Hose Fittings

Exports from Brazil

Plastic hose and hose fitting exports from Brazil expanded rapidly to X tons in 2021, surging by 6% compared with 2020 figures. Overall, exports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 54%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, plastic hose and hose fitting exports expanded markedly to $X in 2021. In general, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 57% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons), Argentina (X tons) and Bolivia (X tons) were the main destinations of plastic hose and hose fitting exports from Brazil, with a combined 47% share of total exports. These countries were followed by Chile, Uruguay, Mexico, Peru, the United States and the Netherlands, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +47.1%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Argentina ($X) and Mexico ($X) were the largest markets for plastic hose and hose fitting exported from Brazil worldwide, with a combined 47% share of total exports.

Among the main countries of destination, Mexico, with a CAGR of +31.6%, saw the highest rates of growth with regard to 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 2021, the average export price for plastic hoses and hose fittings amounted to $X per ton, approximately equating the previous year. In general, the export price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.0%), while the prices for the other major destinations experienced a decline.

Imports of Plastic Hoses and Hose Fittings

Imports into Brazil

Plastic hose and hose fitting imports into Brazil skyrocketed to X tons in 2021, growing by 25% compared with the previous year. Overall, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +115.2% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 38% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, plastic hose and hose fitting imports stood at $X in 2021. Over the period under review, imports enjoyed noticeable growth. The pace of growth appeared the most rapid in 2019 when imports increased by 85% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Argentina (X tons), China (X tons) and Norway (X tons) were the main suppliers of plastic hose and hose fitting imports to Brazil, with a combined 73% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +89.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Norway ($X) and Argentina ($X) appeared to be the largest plastic hose and hose fitting suppliers to Brazil, with a combined 45% share of total imports.

In terms of the main suppliers, Norway, with a CAGR of +85.4%, saw the highest growth rate of 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 2021, the average import price for plastic hoses and hose fittings amounted to $X per ton, dropping by -12.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 50%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Norway ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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