Chile: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Chile

In 2022, after two years of growth, there was significant decline in the Chilean market for other plastic tubes, pipes and hoses, when its value decreased by -15.1% to $X. Overall, consumption, however, continues to indicate a modest expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Other Plastic Tubes, Pipes and Hoses in Chile

In value terms, production of other plastic tubes, pipes and hoses fell to $X in 2022 estimated in export price. In general, production, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by 56%. Production of peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Chile

In 2022, overseas shipments of other plastic tubes, pipes and hoses decreased by -0.8% to X tons, falling for the second consecutive year after two years of growth. Overall, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of other plastic tubes, pipes and hoses soared to $X in 2022. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by 131%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Peru (X tons), Argentina (X tons) and Colombia (X tons) were the main destinations of exports of other plastic tubes, pipes and hoses from Chile, with a combined 85% share of total exports. The United States, Mexico, Bolivia, Guatemala, Nicaragua and Ecuador lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +28.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) emerged as the key foreign market for other plastic tubes, pipes and hoses exports from Chile, comprising 40% of total exports. The second position in the ranking was held by Peru ($X), with an 18% share of total exports. It was followed by Colombia, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Argentina stood at -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-13.6% per year) and Colombia (+9.1% per year).

Export Prices by Country

The average export price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, surging by 20% against the previous year. In general, the export price, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 107%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Peru ($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 Nicaragua (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Chile

After eight years of growth, overseas purchases of other plastic tubes, pipes and hoses decreased by -32.3% to X tons in 2022. In general, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 34%. Imports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, imports of other plastic tubes, pipes and hoses shrank markedly to $X in 2022. Overall, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of other plastic tubes, pipes and hoses to Chile, accounting for a 68% share of total imports. Moreover, imports of other plastic tubes, pipes and hoses from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was held by Brazil (X tons), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +28.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.4% per year) and Brazil (+7.6% per year).

In value terms, China ($X) constituted the largest supplier of other plastic tubes, pipes and hoses to Chile, comprising 50% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports. It was followed by Brazil, with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +24.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.7% per year) and Brazil (+0.9% per year).

Import Prices by Country

The average import price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, rising by 3.9% against the previous year. In general, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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