Japan: 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 Japan

The Japanese market for flexible tubes, pipes and hoses of plastics, without fittings was estimated at $X in 2022, growing by 10% against the previous year. Over the period under review, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -10.2% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Japan

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

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

Exports from Japan

In 2022, shipments abroad of flexible tubes, pipes and hoses of plastics, without fittings increased by 4.6% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings fell to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

China (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, without fittings from Japan, accounting for a 35% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, without fittings to China exceeded the volume sent to the second major destination, Thailand (X tons), fourfold. The third position in this ranking was held by the United States (X tons), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+1.2% per year) and the United States (+1.3% per year).

In value terms, China ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, without fittings exports from Japan, comprising 36% of total exports. The second position in the ranking was held by the United States ($X), with a 10% share of total exports. It was followed by Vietnam, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+0.9% per year) and Vietnam (+0.2% per year).

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, shrinking by -14.5% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 13% against the previous year. The export price peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Indonesia ($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 Taiwan (Chinese) (+3.5%), 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 Japan

In 2022, supplies from abroad of flexible tubes, pipes and hoses of plastics, without fittings decreased by -3.2% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2017 when imports increased by 8%. Over the period under review, imports of reached the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings rose significantly to $X in 2022. The total import value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), South Korea (X tons) and Vietnam (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, without fittings to Japan, with a combined 66% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +21.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and the United States ($X) appeared to be the largest flexible tubes, pipes and hoses of plastics, without fittings suppliers to Japan, together accounting for 67% of total imports. Germany, South Korea, Malaysia and Indonesia lagged somewhat behind, together comprising a further 19%.

Indonesia, with a CAGR of +24.3%, 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 2022, the average import price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, surging by 12% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 +67.5% against 2013 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 18%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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