Pakistan: 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 Pakistan

The Pakistani market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa surged to $X in 2021, with an increase of 16% against the previous year. In general, consumption continues to indicate buoyant growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa skyrocketed to $X in 2021 estimated in export price. In general, production recorded prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 73% against the previous year. As a result, production reached the peak level of $X. From 2020 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 Pakistan

In 2021, the amount of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Pakistan skyrocketed to X tons, picking up by 73% against the previous year's figure. In general, exports showed buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 2,644% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa skyrocketed to $X in 2021. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by 1,838% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to +155.7%.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey totaled +252.2%.

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, waning by -9.2% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa decreased by -43.1% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 63% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

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

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

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

Imports into Pakistan

For the third year in a row, Pakistan recorded decline in purchases abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, which decreased by -38.6% to X tons in 2021. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 157%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa dropped markedly to $X in 2021. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of 78%. Over the period under review, imports of attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Pakistan, with a combined 81% share of total imports. Italy, Turkey, the United States and Japan lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +94.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and Saudi Arabia ($X) constituted the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa suppliers to Pakistan, with a combined 72% share of total imports. Italy, the United States, Turkey and Japan lagged somewhat behind, together comprising a further 18%.

Japan, with a CAGR of +94.7%, recorded the highest rates of growth with regard to 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 2021, the average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, reducing by -10.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 52%. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Saudi Arabia ($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 Arab Emirates (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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