South-Eastern Asia: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2025

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in South-Eastern Asia

The Southeast Asian market for flexible tubes, pipes and hoses of plastics, without fittings totaled $X in 2022, standing approx. at the previous year. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -7.8% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in South-Eastern Asia

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by 26% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

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

Exports in South-Eastern Asia

In 2022, the amount of flexible tubes, pipes and hoses of plastics, without fittings exported in South-Eastern Asia shrank to X tons, waning by -13.2% compared with the previous year. Overall, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by 41% against the previous year. The volume of export peaked at X tons in 2021, and then reduced in the following year.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings dropped to $X in 2022. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 57% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, Vietnam (X tons) was the largest exporter of flexible tubes, pipes and hoses of plastics, without fittings, generating 57% of total exports. Malaysia (X tons) took the second position in the ranking, followed by Singapore (X tons), Thailand (X tons) and the Philippines (X tons). All these countries together held near 40% share of total exports. Indonesia (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to flexible tubes, pipes and hoses of plastics, without fittings exports from Vietnam stood at +16.7%. At the same time, the Philippines (+23.4%), Malaysia (+15.3%), Indonesia (+10.3%) and Singapore (+7.9%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +23.4% from 2012-2022. By contrast, Thailand (-1.3%) illustrated a downward trend over the same period. While the share of Vietnam (+20 p.p.), Malaysia (+4 p.p.) and the Philippines (+3.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (-4.1 p.p.) and Thailand (-23.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest flexible tubes, pipes and hoses of plastics, without fittings supplier in South-Eastern Asia, comprising 50% of total exports. The second position in the ranking was taken by Singapore ($X), with a 23% share of total exports. It was followed by Malaysia, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam totaled +16.5%. In the other countries, the average annual rates were as follows: Singapore (+15.6% per year) and Malaysia (+10.9% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, standing approx. at the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flexible tubes, pipes and hoses of plastics, without fittings increased by +5.0% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 46%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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 Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.6%), while the other leaders experienced more modest paces of growth.

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

Imports in South-Eastern Asia

After three years of growth, supplies from abroad of flexible tubes, pipes and hoses of plastics, without fittings decreased by -13.9% to X tons in 2022. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by 41% against the previous year. The volume of import peaked at X tons in 2021, and then reduced in the following year.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings fell modestly to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +8.0% 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 +115.0% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of 24%. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2022, Thailand (X tons) was the main importer of flexible tubes, pipes and hoses of plastics, without fittings, committing 42% of total imports. It was distantly followed by Vietnam (X tons), Singapore (X tons), Malaysia (X tons) and Indonesia (X tons), together mixing up a 50% share of total imports. The Philippines (X tons) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the flexible tubes, pipes and hoses of plastics, without fittings imports, with a CAGR of +20.1% from 2012 to 2022. At the same time, Singapore (+15.3%), Vietnam (+14.3%) and Malaysia (+9.3%) displayed positive paces of growth. By contrast, the Philippines (-1.2%) and Indonesia (-5.3%) illustrated a downward trend over the same period. While the share of Thailand (+23 p.p.), Singapore (+5.4 p.p.) and Vietnam (+4.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Philippines (-9.3 p.p.) and Indonesia (-23.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Vietnam ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2022, with a combined 75% share of total imports.

In terms of the main importing countries, Singapore, with a CAGR of +16.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, surging by 13% against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The growth pace was the most rapid in 2017 when the import price increased by 23% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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