Canada: 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 Canada

The Canadian market for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X in 2022, with an increase of 3.2% against the previous year. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 28%. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

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

Exports from Canada

In 2022, shipments abroad of flexible tubes, pipes and hoses of plastics, with fittings increased by 10% to X tons, rising for the fourth year in a row after two years of decline. In general, exports posted a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 60%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022. Overall, exports recorded a prominent increase. The growth pace was the most rapid in 2019 when exports increased by 46%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The United States (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with fittings from Canada, accounting for a 70% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with fittings to the United States exceeded the volume sent to the second major destination, Cuba (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (+25.5% per year) and China (+60.3% per year).

In value terms, the United States ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, with fittings exports from Canada, comprising 75% of total exports. The second position in the ranking was taken by Cuba ($X), with a 16% share of total exports. It was followed by China, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (+22.8% per year) and China (+56.8% 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, rising by 8.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 47%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Trinidad and Tobago ($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 Trinidad and Tobago (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Canada

For the third consecutive year, Canada recorded growth in overseas purchases of flexible tubes, pipes and hoses of plastics, with fittings, which increased by 5.2% to X tons in 2022. Over the period under review, imports saw a strong expansion. The growth pace was the most rapid in 2018 when imports increased by 45%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings soared to $X in 2022. Overall, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to Canada, with a combined 84% share of total imports. Mexico, Italy and Poland lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +81.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Canada, comprising 55% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by Poland, with a 7% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.8% per year) and Poland (+77.3% per year).

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, growing by 23% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2013 an increase of 29% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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