Mexico: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Mexico

In 2021, the Mexican market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by 3.7% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -16.4% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Mexico

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa rose modestly to $X in 2021 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -15.6% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 33% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production of growth remained at a somewhat lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports from Mexico

In 2021, the amount of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Mexico skyrocketed to X tons, growing by 58% on the previous year's figure. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 535% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa skyrocketed to $X in 2021. Overall, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 571% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Mexico, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +14.9%.

In value terms, the United States ($X) also remains the key foreign market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exports from Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +17.0%.

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, with an increase of 13% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2015 an increase of 20%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +1.8% per year.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports into Mexico

For the fifth year in a row, Mexico recorded decline in purchases abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, which decreased by -1.9% to X tons in 2021. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2016 when imports increased by 21%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa contracted to $X in 2021. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 32%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Mexico, accounting for a 59% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.6% per year) and Germany (+6.3% per year).

In value terms, the United States ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Mexico, comprising 64% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by China, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.2% per year) and China (+26.3% per year).

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, falling by -10.8% against the previous year. In general, the import price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 58% against the previous year. The import price peaked at $X per ton in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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