Colombia: Market for Plastic Hoses and Hose Fittings 2025

Market Size for Plastic Hoses and Hose Fittings in Colombia

In 2021, the Colombian market for plastic hoses and hose fittings increased by 4% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, showed a slight contraction. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Plastic Hoses and Hose Fittings in Colombia

In value terms, plastic hose and hose fitting production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 23%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Plastic Hoses and Hose Fittings

Exports from Colombia

After two years of decline, shipments abroad of plastic hoses and hose fittings increased by 65% to X tons in 2021. In general, exports recorded a notable increase. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, plastic hose and hose fitting exports soared to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Peru (X tons), Ecuador (X tons) and the United States (X tons) were the main destinations of plastic hose and hose fitting exports from Colombia, together comprising 55% of total exports. These countries were followed by the Dominican Republic, France, Malaysia, Panama, Thailand, Guatemala, Venezuela, Costa Rica, Mexico and El Salvador, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +538.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic hose and hose fitting exported from Colombia were Peru ($X), Ecuador ($X) and the United States ($X), together accounting for 46% of total exports. Venezuela, the Dominican Republic, Malaysia, Panama, Guatemala, Costa Rica, France, Mexico, Thailand and El Salvador lagged somewhat behind, together accounting for a further 47%.

Thailand, with a CAGR of +225.2%, saw the highest rates of growth with regard to the value of exports, among 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 plastic hoses and hose fittings stood at $X per ton in 2021, dropping by -3.5% against the previous year. In general, the export price showed a noticeable decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 9.5% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Venezuela ($X per ton), while the average price for exports to France ($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 Malaysia (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports into Colombia

In 2021, overseas purchases of plastic hoses and hose fittings increased by 40% to X tons, rising for the fifth consecutive year after two years of decline. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.5% 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 +73.6% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of 60% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, plastic hose and hose fitting imports soared to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.2% against 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 49% 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 plastic hose and hose fitting supplier to Colombia, accounting for a 47% share of total imports. Moreover, plastic hose and hose fitting imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was held by Peru (X tons), with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.2% per year) and Peru (+43.8% per year).

In value terms, the largest plastic hose and hose fitting suppliers to Colombia were China ($X), the United States ($X) and Mexico ($X), together accounting for 48% of total imports. Brazil, Russia, Peru, Germany, Argentina, Free Zones, Chile and Costa Rica lagged somewhat behind, together comprising a further 33%.

Peru, with a CAGR of +45.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for plastic hoses and hose fittings amounted to $X per ton, picking up by 3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 7.9%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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