Chile: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Chile

For the third year in a row, the Chilean market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa recorded growth in sales value, which increased by 26% to $X in 2021. Overall, consumption saw a remarkable increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports from Chile

In 2021, overseas shipments of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by 9.4% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 87%. Over the period under review, the exports of hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa soared to $X in 2021. Overall, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of 52% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Chile, with a 61% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Bolivia exceeded the volume sent to the second major destination, Argentina (X kg), threefold. Uruguay (X kg) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bolivia stood at +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+5.7% per year) and Uruguay (-7.0% per year).

In value terms, Bolivia ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exports from Chile, comprising 78% of total exports. The second position in the ranking was held by Argentina ($X), with an 8.4% share of total exports. It was followed by Uruguay, with an 8% share.

From 2012 to 2021, the average annual growth rate of value to Bolivia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-7.1% per year) and Uruguay (-18.8% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, growing by 21% against the previous year. Over the period under review, the export price posted a moderate expansion. The most prominent rate of growth was recorded in 2017 an increase of 89%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Costa Rica ($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 Egypt (+91.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports into Chile

For the third consecutive year, Chile recorded growth in overseas purchases of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, which increased by 33% to X tons in 2021. Overall, imports enjoyed a resilient increase. The growth pace was the most rapid in 2017 when imports increased by 163%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa soared to $X in 2021. Over the period under review, imports showed noticeable growth. The pace of growth was the most pronounced in 2019 with an increase of 52% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa supplier to Chile, accounting for a 56% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The third position in this ranking was taken by Vietnam (X tons), with a 4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+24.5% per year) and Vietnam (+10.7% per year).

In value terms, China ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Chile, comprising 45% of total imports. The second position in the ranking was held by South Korea ($X), with a 19% share of total imports. It was followed by Italy, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+20.4% per year) and Italy (+4.3% per year).

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, declining by -10.3% against the previous year. Over the period under review, the import price saw a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 25%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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