Venezuela: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2025

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

In 2021, the Venezuelan market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a noticeable slump. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa rose significantly to $X in 2021 estimated in export price. Overall, production, however, saw a noticeable reduction. The growth pace was the most rapid in 2018 when the production volume increased by 33%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 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 Venezuela

In 2021, shipments abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa decreased by -17.6% to X tons, falling for the third year in a row after two years of growth. Overall, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by 11,623% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa contracted sharply to $X in 2021. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2014 when exports increased by 12,235%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Venezuela, with a 89% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Colombia exceeded the volume sent to the second major destination, Panama (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Colombia amounted to -10.6%.

In value terms, Colombia ($X) and Panama ($X) appeared to be the largest markets for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Venezuela worldwide.

In terms of the main countries of destination, Panama, with a CAGR of -15.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, remaining constant against the previous year. Overall, the export price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 58%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Colombia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+84.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Venezuela

Imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa into Venezuela contracted remarkably to X tons in 2021, shrinking by -53.5% on the previous year. In general, imports recorded a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 644%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa shrank remarkably to $X in 2021. Overall, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 when imports increased by 377% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

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 Venezuela, with a 58% 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, Hong Kong SAR (X tons), fourfold. Panama (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -23.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+10.5% per year) and Panama (+25.2% per year).

In value terms, China ($X), Panama ($X) and Hong Kong SAR ($X) appeared to be the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa suppliers to Venezuela, with a combined 73% share of total imports.

Panama, with a CAGR of +27.7%, 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 mixed trend patterns.

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, declining by -9% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 74%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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