Pakistan: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Pakistan

The Pakistani plastic pipe and hose market rose modestly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in Pakistan

In value terms, plastic pipe and hose production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period 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 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Pakistan

In 2022, overseas shipments of plastics tubes, pipes and hoses, and fitting decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic pipe and hose exports dropped sharply to $X in 2022. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons), Afghanistan (X tons) and Turkey (X tons) were the main destinations of plastic pipe and hose exports from Pakistan, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X) remains the key foreign market for plastics tubes, pipes and hoses, and fitting exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and Turkey (X% per year).

Export Prices by Country

The average plastic pipe and hose export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic pipe and hose export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

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

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Pakistan

After two years of growth, supplies from abroad of plastics tubes, pipes and hoses, and fitting decreased by X% to X tons in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, plastic pipe and hose imports declined to $X in 2022. Over the period under review, imports, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% 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 plastic pipe and hose supplier to Pakistan, accounting for a X% share of total imports. Moreover, plastic pipe and hose imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of plastics tubes, pipes and hoses, and fitting to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Japan (X% per year).

Import Prices by Country

The average plastic pipe and hose import price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Saudi Arabia ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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