CIS: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in CIS

The CIS market for plastic hoses and hose fittings expanded rapidly to $X in 2021, surging by 12% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Plastic Hoses and Hose Fittings in CIS

In value terms, plastic hose and hose fitting production rose to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 24% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports in CIS

For the sixth year in a row, the CIS recorded growth in overseas shipments of plastic hoses and hose fittings, which increased by 7.9% to X tons in 2021. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 27%. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, plastic hose and hose fitting exports skyrocketed to $X in 2021. Total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +95.6% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia was the largest exporting country with an export of around X tons, which resulted at 67% of total exports. It was distantly followed by Belarus (X tons), creating a 31% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to plastic hose and hose fitting exports from Russia stood at +10.3%. At the same time, Belarus (+21.0%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +21.0% from 2012-2021. While the share of Belarus (+16 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-10.9 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest plastic hose and hose fitting supplier in the CIS, comprising 76% of total exports. The second position in the ranking was held by Belarus ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +5.8%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, growing by 14% against the previous year. Overall, the export price, however, recorded a perceptible reduction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per ton), while Belarus amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+1.0%).

Imports of Plastic Hoses and Hose Fittings

Imports in CIS

In 2021, the amount of plastic hoses and hose fittings imported in the CIS expanded rapidly to X tons, with an increase of 13% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting imports soared to $X in 2021. Total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.8% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) represented the key importer of plastic hoses and hose fittings, achieving 64% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a 17% share, followed by Belarus (8.8%). Azerbaijan (X tons), Moldova (X tons), Armenia (X tons) and Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to plastic hose and hose fitting imports into Russia stood at +4.6%. At the same time, Armenia (+11.5%), Kazakhstan (+5.7%), Belarus (+5.1%) and Moldova (+4.1%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of +11.5% from 2012-2021. By contrast, Azerbaijan (-3.6%) and Kyrgyzstan (-6.6%) illustrated a downward trend over the same period. While the share of Kazakhstan (+2 p.p.) and Russia (+2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kyrgyzstan (-2.7 p.p.) and Azerbaijan (-3.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported plastic hoses and hose fittings in the CIS, comprising 70% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 10% share of total imports. It was followed by Belarus, with an 8.9% share.

In Russia, plastic hose and hose fitting imports increased at an average annual rate of +5.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+1.0% per year) and Belarus (-0.2% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, growing by 12% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Moldova ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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