Southern Asia: Market for Other Plastic Tubes, Pipes and Hoses 2025

Market Size for Other Plastic Tubes, Pipes and Hoses in Southern Asia

The South Asian market for other plastic tubes, pipes and hoses amounted to $X in 2022, remaining stable against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% 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 -0.7% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Production of Other Plastic Tubes, Pipes and Hoses in Southern Asia

In value terms, production of other plastic tubes, pipes and hoses reached $X in 2022 estimated in export price. The total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 27% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports in Southern Asia

In 2022, shipments abroad of other plastic tubes, pipes and hoses increased by 18% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by 84% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, exports of other plastic tubes, pipes and hoses surged to $X in 2022. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by 44%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, India (X tons) was the key exporter of other plastic tubes, pipes and hoses in Southern Asia, comprising 98% of total export.

India was also the fastest-growing in terms of the other plastic tubes, pipes and hoses exports, with a CAGR of +8.4% from 2012 to 2022. While the share of India (+2.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest other plastic tubes, pipes and hoses supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +10.9%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, saw a temperate expansion. The most prominent rate of growth was recorded in 2019 an increase of 40%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2.3% per year.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports in Southern Asia

In 2022, approx. X tons of other plastic tubes, pipes and hoses were imported in Southern Asia; rising by 5.5% compared with 2021 figures. Total imports indicated measured growth from 2012 to 2022: its volume 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, imports increased by +40.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of other plastic tubes, pipes and hoses expanded to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +47.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

India was the major importer of other plastic tubes, pipes and hoses in Southern Asia, with the volume of imports amounting to X tons, which was near 69% of total imports in 2022. It was distantly followed by Pakistan (X tons) and Bangladesh (X tons), together constituting a 22% share of total imports. Nepal (X tons), Maldives (X tons) and Sri Lanka (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to other plastic tubes, pipes and hoses imports into India stood at +6.7%. At the same time, Nepal (+11.9%), Bangladesh (+7.4%), Maldives (+4.4%) and Pakistan (+2.3%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +11.9% from 2012-2022. By contrast, Sri Lanka (-17.5%) illustrated a downward trend over the same period. India (+17 p.p.), Bangladesh (+3 p.p.) and Nepal (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Pakistan and Sri Lanka saw its share reduced by -1.8% and -15.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported other plastic tubes, pipes and hoses in Southern Asia, comprising 81% of total imports. The second position in the ranking was held by Pakistan ($X), with a 7.6% share of total imports. It was followed by Bangladesh, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +6.9%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+6.3% per year) and Bangladesh (+12.6% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, dropping by -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2020 when the import price increased by 27% against the previous year. The level of import peaked at $X per ton in 2021, and then dropped modestly in the following year.

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 India ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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