Turkey: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Turkey

The Turkish market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa dropped rapidly to $X in 2021, declining by -17.5% against the previous year. Overall, consumption, however, saw a modest expansion. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Turkey

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa soared to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible decrease. Production of peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports from Turkey

In 2021, overseas shipments of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by 78% to X tons, rising for the third year in a row after six years of decline. Overall, exports, however, saw a noticeable setback. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa soared to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons), Iraq (X tons) and France (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Turkey, together comprising 30% of total exports. These countries were followed by Georgia, Uzbekistan, Ukraine, Germany, Libya, Cyprus, Thailand, Morocco, Poland and the UK, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +58.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and the UK ($X) appeared to be the largest markets for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Turkey worldwide, together accounting for 28% of total exports.

The UK, with a CAGR of +58.6%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 2021, the average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, growing by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports into Turkey

In 2021, purchases abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa decreased by -3.4% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 45% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa rose significantly to $X in 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 21%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Turkey, with a 49% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.3% per year) and Germany (-11.9% per year).

In value terms, China ($X), Italy ($X) and Germany ($X) were the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa suppliers to Turkey, with a combined 53% share of total imports. The United States, Thailand, the United Arab Emirates, India, Taiwan (Chinese), South Korea, Iran, Spain, Greece and Israel lagged somewhat behind, together comprising a further 28%.

Thailand, with a CAGR of +142.9%, 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, with a burst pressure ≥ X MPa stood at $X per ton in 2021, picking up by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.1%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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