MERCOSUR: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in MERCOSUR

The MERCOSUR market for rigid tubes, pipes and hoses, of other polymers was estimated at $X in 2022, approximately mirroring the previous year. In general, consumption, however, recorded a pronounced decline. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in MERCOSUR

In value terms, production of rigid tubes, pipes and hoses, of other polymers dropped slightly to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by 31%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports in MERCOSUR

In 2022, overseas shipments of rigid tubes, pipes and hoses, of other polymers decreased by -37% to X tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 86% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers shrank notably to $X in 2022. Over the period under review, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2013 with an increase of 80%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Colombia was the largest exporter of rigid tubes, pipes and hoses, of other polymers in MERCOSUR, with the volume of exports accounting for X tons, which was approx. 62% of total exports in 2022. It was distantly followed by Brazil (X tons), achieving a 29% share of total exports. Argentina (X tons) and Chile (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to rigid tubes, pipes and hoses, of other polymers exports from Colombia stood at -7.5%. At the same time, Chile (+8.5%) and Brazil (+5.0%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +8.5% from 2012-2022. By contrast, Argentina (-19.6%) illustrated a downward trend over the same period. Brazil (+20 p.p.) and Chile (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while Colombia and Argentina saw its share reduced by -8.8% and -13.1% from 2012 to 2022, respectively.

In value terms, Colombia ($X), Brazil ($X) and Argentina ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 96% share of total exports. Chile lagged somewhat behind, comprising a further 2.4%.

Among the main exporting countries, Chile, with a CAGR of +3.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, increasing by 16% against the previous year. Export price indicated a notable increase from 2012 to 2022: its price 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, export price for rigid tubes, pipes and hoses, of other polymers increased by +20.0% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 55% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+2.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports in MERCOSUR

In 2022, purchases abroad of rigid tubes, pipes and hoses, of other polymers decreased by -1.4% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2020 with an increase of 71% against the previous year. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers stood at $X in 2022. Overall, imports showed a mild decrease. The growth pace was the most rapid in 2017 with an increase of 37%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Suriname (X tons), distantly followed by Brazil (X tons), Argentina (X tons), Chile (X tons), Peru (X tons), Ecuador (X tons) and Guyana (X tons) represented the major importers of rigid tubes, pipes and hoses, of other polymers, together achieving 88% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Suriname (with a CAGR of +21.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported rigid tubes, pipes and hoses, of other polymers in MERCOSUR, comprising 39% of total imports. The second position in the ranking was held by Argentina ($X), with an 18% share of total imports. It was followed by Chile, with a 13% share.

In Brazil, imports of rigid tubes, pipes and hoses, of other polymers increased at an average annual rate of +10.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (-0.4% per year) and Chile (+13.3% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, with an increase of 3.6% against the previous year. Import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 rigid tubes, pipes and hoses, of other polymers increased by +45.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 52% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Suriname ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (+9.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform