South-Eastern Asia: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in South-Eastern Asia

In 2022, the Southeast Asian plastic pipe and hose market decreased by X% to $X, falling for the second consecutive year after nine years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in South-Eastern Asia

In value terms, plastic pipe and hose production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports in South-Eastern Asia

In 2022, shipments abroad of plastics tubes, pipes and hoses, and fitting increased by X% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated a prominent increase 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic pipe and hose exports expanded slightly to $X in 2022. Over the period under review, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

Malaysia (X tons) and Vietnam (X tons) represented roughly X% of total exports in 2022. Thailand (X tons) took the next position in the ranking, followed by the Philippines (X tons), Indonesia (X tons) and Singapore (X tons). All these countries together took approx. X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic pipe and hose supplying countries in South-Eastern Asia were Singapore ($X), Malaysia ($X) and the Philippines ($X), together accounting for X% of total exports.

Among the main exporting countries, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, reducing by X% against the previous year. Export price indicated modest growth 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. The growth pace was the most rapid in 2020 an increase of X%. The level of export peaked at $X per ton in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports in South-Eastern Asia

In 2022, plastic pipe and hose imports in South-Eastern Asia totaled X tons, flattening at the previous year. Total imports indicated a prominent expansion 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 2015 indices. The growth pace was the most rapid in 2015 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, plastic pipe and hose imports expanded notably to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value 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 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of plastic pipe and hose imports in 2022 were Singapore (X tons), Thailand (X tons), Indonesia (X tons), Vietnam (X tons), the Philippines (X tons), Malaysia (X tons), Cambodia (X tons), Myanmar (X tons) and Lao People's Democratic Republic (X tons), together reaching X% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic pipe and hose importing markets in South-Eastern Asia were Singapore ($X), Thailand ($X) and Vietnam ($X), with a combined X% share of total imports. Malaysia, Indonesia, the Philippines, Cambodia, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Cambodia, with a CAGR of X%, 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, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a slight downturn. Over the period under review, import prices hit record highs 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 Malaysia ($X per ton), while Myanmar ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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