Northern America: 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 Northern America

The North American market for flexible tubes, pipes and hoses of plastics, without fittings was estimated at $X in 2022, surging by 4.9% against the previous year. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +9.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.5% against 2018 indices. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings totaled $X in 2022 estimated in export price. The total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.4% 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 -0.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 27% against the previous year. Over the period under review, production of attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

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

Exports in Northern America

In 2022, exports of flexible tubes, pipes and hoses of plastics, without fittings in Northern America shrank modestly to X tons, remaining constant against the previous year's figure. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 6.5% against the previous year. As a result, the exports attained the peak of X tons, and then fell in the following year.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings expanded notably to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

The United States was the major exporting country with an export of around X tons, which resulted at 77% of total exports. It was distantly followed by Canada (X tons), making up a 23% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of flexible tubes, pipes and hoses of plastics, without fittings. At the same time, Canada (+3.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +3.8% from 2012-2022. Canada (+5.1 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -5.1% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest flexible tubes, pipes and hoses of plastics, without fittings supplier in Northern America, comprising 90% of total exports. The second position in the ranking was held by Canada ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +6.3%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, rising by 10% against the previous year. Over the last decade, it increased at an average annual rate of +5.1%. The pace of growth appeared the most rapid in 2021 an increase of 12% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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 the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.8%).

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

Imports in Northern America

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, without fittings increased by 12% to X tons, rising for the second consecutive year after three years of decline. Total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.4% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 25% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings soared to $X in 2022. The total import value increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The United States was the main importing country with an import of around X tons, which reached 83% of total imports. It was distantly followed by Canada (X tons), generating a 17% share of total imports.

The United States was also the fastest-growing in terms of the flexible tubes, pipes and hoses of plastics, without fittings imports, with a CAGR of +4.8% from 2012 to 2022. At the same time, Canada (+1.4%) displayed positive paces of growth. From 2012 to 2022, the share of the United States increased by +5.2 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported flexible tubes, pipes and hoses of plastics, without fittings in Northern America, comprising 82% of total imports. The second position in the ranking was taken by Canada ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +5.2%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, surging by 5.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 17%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.7%).

Source: IndexBox Platform

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