Overview of the Global Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

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

The global market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa totaled $X in 2021, surging by 2.4% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.2% against 2019 indices. Over the period under review, the global market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa rose rapidly to $X in 2021 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.6% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 20% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

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

Exports

In 2021, after two years of decline, there was significant growth in overseas shipments of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, when their volume increased by 30% to X tons. Overall, exports, however, saw a relatively flat trend pattern. The global exports peaked at X tons in 2012; however, from 2013 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 surged to $X in 2021. The total export value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons), distantly followed by Turkey (X tons), Saudi Arabia (X tons) and Spain (X tons) were the major exporters of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, together mixing up 51% of total exports. The following exporters - Malaysia (X tons), Italy (X tons), France (X tons), South Korea (X tons), the United States (X tons), Hong Kong SAR (X tons), India (X tons), Bahrain (X tons) and Germany (X tons) - together made up 29% of total exports.

From 2012 to 2021, the biggest increases were recorded for Bahrain (with a CAGR of +45.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa supplier worldwide, comprising 20% of global exports. The second position in the ranking was taken by Germany ($X), with an 8.9% share of global exports. It was followed by the United States, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +7.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-0.7% per year) and the United States (+2.2% per year).

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, approximately reflecting the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2013 an increase of 12% against the previous year. The global export price peaked at $X per ton in 2020, and then declined slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.5%), while the other global leaders experienced more modest paces of growth.

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

Imports

In 2021, the amount of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa imported worldwide expanded markedly to X tons, with an increase of 7.5% on 2020 figures. Overall, imports, however, showed a relatively flat trend pattern. Global imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Yemen (X tons), Spain (X tons), France (X tons), the United States (X tons), Iraq (X tons), Germany (X tons), the Philippines (X tons), Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Canada (X tons) and China (X tons) was the largest importer of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa in the world, achieving 46% of total import. Sweden (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +31.2%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 26% of global imports. These countries were followed by Germany, the UK, Canada, Spain, Vietnam, Hong Kong SAR, Sweden, Yemen, Iraq and the Philippines, which together accounted for a further 26%.

Yemen, with a CAGR of +29.0%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, growing by 8.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+5.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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