Peru: 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 Peru

In 2022, the Peruvian market for flexible tubes, pipes and hoses of plastics, without fittings increased by 0.2% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a slight decrease. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

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

Exports from Peru

In 2022, the amount of flexible tubes, pipes and hoses of plastics, without fittings exported from Peru expanded significantly to X tons, with an increase of 8.2% against 2021 figures. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 176%. Over the period under review, the exports of hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings contracted modestly to $X in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 185% against the previous year. The exports peaked at $X in 2021, and then declined modestly in the following year.

Exports by Country

Chile (X tons), Colombia (X tons) and Bolivia (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, without fittings from Peru, together accounting for 61% of total exports. Ecuador, Mexico, Honduras, Guatemala and Argentina lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +200.9%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Colombia ($X) and Ecuador ($X) appeared to be the largest markets for flexible tubes, pipes and hoses of plastics, without fittings exported from Peru worldwide, together accounting for 66% of total exports. Mexico, Bolivia, Honduras, Guatemala and Argentina lagged somewhat behind, together accounting for a further 29%.

Mexico, with a CAGR of +166.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, shrinking by -10.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 24%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 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 Guatemala ($X per ton), while the average price for exports to Bolivia ($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 Guatemala (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Peru

In 2022, overseas purchases of flexible tubes, pipes and hoses of plastics, without fittings were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports saw a temperate expansion. The growth pace was the most rapid in 2015 with an increase of 197%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings totaled $X in 2022. Over the period under review, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.2% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 126% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Chile (X tons), Mexico (X tons) and Colombia (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, without fittings to Peru, with a combined 59% share of total imports. China, the United States, Russia, Greece, Israel, Turkey, Brazil and South Korea lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +86.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Mexico ($X) and the United States ($X) were the largest flexible tubes, pipes and hoses of plastics, without fittings suppliers to Peru, together comprising 49% of total imports. China, Colombia, Russia, Israel, Greece, Brazil, Turkey and South Korea lagged somewhat behind, together accounting for a further 35%.

Turkey, with a CAGR of +87.4%, saw the highest growth rate of 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

The average import price for flexible tubes, pipes and hoses of plastics, without fittings stood at $X per ton in 2022, reducing by -5.2% against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 an increase of 8.9%. The import price peaked at $X per ton in 2014; however, from 2015 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 Brazil ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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