Indonesia: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Indonesia

In 2022, the Indonesian market for flexible tubes, pipes and hoses of plastics, without fittings increased by 37% to $X, rising for the second year in a row after five years of decline. Overall, consumption, however, saw a drastic downturn. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports from Indonesia

In 2022, shipments abroad of flexible tubes, pipes and hoses of plastics, without fittings decreased by -43.4% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, posted strong growth. The growth pace was the most rapid in 2013 when exports increased by 148%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings shrank to $X in 2022. Overall, exports, however, showed resilient growth. The growth pace was the most rapid in 2013 with an increase of 139% against the previous year. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Timor-Leste (X tons), Nigeria (X tons) and Australia (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, without fittings from Indonesia, with a combined 47% share of total exports. Saudi Arabia, Japan, the United Arab Emirates, Brazil, New Zealand, Ghana, China, Kuwait and Poland lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +96.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, without fittings exported from Indonesia were Japan ($X), Nigeria ($X) and Saudi Arabia ($X), together accounting for 44% of total exports. Brazil, Australia, the United Arab Emirates, New Zealand, China, Timor-Leste, Ghana, Kuwait and Poland lagged somewhat behind, together accounting for a further 38%.

China, with a CAGR of +99.0%, recorded 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, without fittings stood at $X per ton in 2022, jumping by 52% against the previous year. Overall, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Timor-Leste ($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 Japan (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports into Indonesia

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, without fittings was finally on the rise to reach X tons for the first time since 2015, thus ending a six-year declining trend. Overall, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 when imports increased by 39% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings rose remarkably to $X in 2022. In general, imports, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2021 when imports increased by 15%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, without fittings supplier to Indonesia, with a 32% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, without fittings from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. Singapore (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-10.0% per year) and Singapore (-5.8% per year).

In value terms, China ($X), Japan ($X) and Singapore ($X) appeared to be the largest flexible tubes, pipes and hoses of plastics, without fittings suppliers to Indonesia, with a combined 52% share of total imports. Russia, Germany, Thailand, the Czech Republic, the Philippines, Taiwan (Chinese), Australia, Malaysia and Myanmar lagged somewhat behind, together accounting for a further 28%.

Among the main suppliers, the Czech Republic, with a CAGR of +67.8%, 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

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, surging by 2.6% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flexible tubes, pipes and hoses of plastics, without fittings increased by +11.0% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 36%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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