Chile: 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 Chile

The Chilean market for flexible tubes, pipes and hoses of plastics, with fittings fell dramatically to $X in 2022, reducing by -23.3% against the previous year. Over the period under review, consumption saw a perceptible contraction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 60%. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a lower figure.

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

Exports from Chile

In 2022, approx. X tons of flexible tubes, pipes and hoses of plastics, with fittings were exported from Chile; rising by 23% on 2021. Overall, exports saw a noticeable expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 931%. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022. In general, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by 967% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with fittings from Chile, with a 64% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with fittings to Argentina exceeded the volume sent to the second major destination, Spain (X tons), threefold. The third position in this ranking was held by Peru (X tons), with an 8% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina stood at +57.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+152.0% per year) and Peru (+20.5% per year).

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, with fittings exported from Chile were Argentina ($X), Spain ($X) and Peru ($X), together accounting for 93% of total exports. Bolivia and Ecuador lagged somewhat behind, together accounting for a further 5.6%.

Ecuador, with a CAGR of +131.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, surging by 35% against the previous year. Over the period under review, the export price showed a tangible expansion. The pace of growth appeared the most rapid in 2013 an increase of 66% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Argentina ($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 Bolivia (+4.0%), 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 Chile

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings decreased by -49.8% to X tons, falling for the second consecutive year after five years of growth. Overall, imports, however, posted a prominent increase. The growth pace was the most rapid in 2020 with an increase of 94%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings declined dramatically to $X in 2022. Over the period under review, imports, however, posted a pronounced increase. The growth pace was the most rapid in 2020 when imports increased by 78% against the previous year. Imports peaked at $X in 2021, and then contracted markedly in the following year.

Imports by Country

Italy (X tons), China (X tons) and the United States (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to Chile, with a combined 91% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +60.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Italy ($X) constituted the largest flexible tubes, pipes and hoses of plastics, with fittings suppliers to Chile, together accounting for 82% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +46.4%, recorded 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

The average import price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, rising by 13% against the previous year. Over the period under review, the import price, however, saw a slight downturn. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 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 Mexico ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :