Canada: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Canada

After five years of growth, the Canadian market for flexible tubes, pipes and hoses of plastics, without fittings decreased by -0.4% to $X in 2022. Over the period under review, consumption, however, showed noticeable growth. Consumption of peaked at $X in 2021, and then fell modestly in the following year.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Canada

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings totaled $X in 2022 estimated in export price. Over the period under review, production posted a moderate expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 405%. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports from Canada

In 2022, the amount of flexible tubes, pipes and hoses of plastics, without fittings exported from Canada expanded sharply to X tons, with an increase of 8.4% compared with the previous year. Over the period under review, total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.6% against 2013 indices. The pace of growth was the most pronounced in 2019 when exports increased by 15% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings soared to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. The exports peaked in 2022 and are likely to see steady 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, without fittings from Canada, with a 83% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, without fittings to the United States exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold. The third position in this ranking was held by Mexico (X tons), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+48.9% per year) and Mexico (+6.3% per year).

In value terms, the United States ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, without fittings exports from Canada, comprising 87% of total exports. The second position in the ranking was taken by Belgium ($X), with a 4.7% share of total exports. It was followed by Mexico, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+44.4% per year) and Mexico (+12.3% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, without fittings stood at $X per ton in 2022, rising by 7.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2021 an increase of 10%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($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 Poland (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports into Canada

Imports of flexible tubes, pipes and hoses of plastics, without fittings into Canada contracted sharply to X tons in 2022, which is down by -18.8% compared with the previous year's figure. Over the period under review, imports, however, posted a modest increase. The most prominent rate of growth was recorded in 2014 when imports increased by 76%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings totaled $X in 2022. The total import value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, without fittings to Canada, accounting for a 72% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, without fittings from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was held by Mexico (X tons), with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.1% per year) and Mexico (+13.8% per year).

In value terms, the United States ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, without fittings to Canada, comprising 69% of total imports. The second position in the ranking was taken by China ($X), with a 9.7% share of total imports. It was followed by Mexico, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.1% per year) and Mexico (+10.8% per year).

Import Prices by Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, with an increase of 25% against the previous year. In general, the import price continues to indicate modest growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 61%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($X per ton) and the United States ($X per ton), while the price for China ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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