Pakistan: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Pakistan

In 2022, the Pakistani market for other plastic tubes, pipes and hoses increased by 36% to $X, rising for the second consecutive year after three years of decline. In general, consumption enjoyed a prominent expansion. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Pakistan

In 2022, the amount of other plastic tubes, pipes and hoses exported from Pakistan soared to X tons, growing by 1,091% compared with 2021 figures. Over the period under review, exports, however, showed a noticeable slump. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of other plastic tubes, pipes and hoses surged to $X in 2022. In general, exports, however, saw a abrupt contraction. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of other plastic tubes, pipes and hoses from Pakistan, accounting for a 98% share of total exports. It was followed by Oman (X kg), with a 2.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at +24.3%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for other plastic tubes, pipes and hoses exports from Pakistan, comprising 89% of total exports. The second position in the ranking was held by Oman ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +11.5%.

Export Prices by Country

In 2022, the average export price for other plastic tubes, pipes and hoses amounted to $X per ton, declining by -73% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 62% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Pakistan

In 2022, supplies from abroad of other plastic tubes, pipes and hoses increased by 57% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2015 with an increase of 116% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of other plastic tubes, pipes and hoses soared to $X in 2022. Overall, imports posted a resilient increase. The growth pace was the most rapid in 2015 with an increase of 140% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest other plastic tubes, pipes and hoses supplier to Pakistan, accounting for a 44% share of total imports. Moreover, imports of other plastic tubes, pipes and hoses from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. South Korea (X tons) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+4.0% per year) and South Korea (-3.0% per year).

In value terms, China ($X) constituted the largest supplier of other plastic tubes, pipes and hoses to Pakistan, comprising 41% of total imports. The second position in the ranking was taken by South Korea ($X), with a 9.8% share of total imports. It was followed by Germany, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-0.3% per year) and Germany (+12.7% per year).

Import Prices by Country

The average import price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, declining by -14.4% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 other plastic tubes, pipes and hoses decreased by -29.2% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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