Overview of the Global Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

The global market for flexible tubes, pipes and hoses of plastics, with fittings dropped modestly to $X in 2022, falling by -2.1% against the previous year. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2021, and then fell modestly in the following year.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 13% against the previous year. Over the period under review, global production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports

In 2022, overseas shipments of flexible tubes, pipes and hoses of plastics, with fittings increased by 2.4% to X tons, rising for the sixth consecutive year after three years of decline. The total export volume increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. Over the period under review, the global exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings expanded notably to $X in 2022. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

China (X tons), Mexico (X tons), Germany (X tons) and Ireland (X tons) represented roughly 55% of total exports in 2022. It was distantly followed by Italy (X tons), comprising a 6% share of total exports. The following exporters - the United States (X tons), the Czech Republic (X tons), Taiwan (Chinese) (X tons), Spain (X tons), France (X tons), North Macedonia (X tons), the Netherlands (X tons) and the UK (X tons) - together made up 23% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +50.0%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, with fittings supplying countries worldwide were the United States ($X), Germany ($X) and Mexico ($X), with a combined 37% share of global exports. China, the UK, the Netherlands, France, Italy, Taiwan (Chinese), Spain, Ireland, the Czech Republic and North Macedonia lagged somewhat behind, together comprising a further 39%.

In terms of the main exporting countries, Ireland, with a CAGR of +34.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, with an increase of 8.2% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flexible tubes, pipes and hoses of plastics, with fittings increased by +61.6% against 2012 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 16% against the previous year. The global export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.4%), while the other global leaders experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports

In 2022, supplies from abroad of flexible tubes, pipes and hoses of plastics, with fittings increased by 3% to X tons, rising for the seventh consecutive year after two years of decline. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% 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 +58.8% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 15%. Global imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022. Overall, imports saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the United States (X tons), distantly followed by Germany (X tons), the Netherlands (X tons) and Belgium (X tons) were the main importers of flexible tubes, pipes and hoses of plastics, with fittings, together constituting 40% of total imports. The following importers - Mexico (X tons), the Czech Republic (X tons), France (X tons), the UK (X tons), Saudi Arabia (X tons), Austria (X tons), Spain (X tons), Canada (X tons) and Australia (X tons) - together made up 24% of total imports.

From 2012 to 2022, average annual rates of growth with regard to flexible tubes, pipes and hoses of plastics, with fittings imports into the United States stood at +9.7%. At the same time, Saudi Arabia (+24.6%), the Netherlands (+19.5%), Belgium (+11.0%), Canada (+7.2%), the Czech Republic (+6.9%), Australia (+6.7%), Germany (+5.6%), the UK (+4.2%) and France (+3.2%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in the world, with a CAGR of +24.6% from 2012-2022. By contrast, Mexico (-1.5%), Austria (-1.9%) and Spain (-1.9%) illustrated a downward trend over the same period. While the share of the United States (+8.1 p.p.), the Netherlands (+3.6 p.p.), Belgium (+2 p.p.) and Saudi Arabia (+2 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Spain (-1.9 p.p.), Austria (-2 p.p.) and Mexico (-3.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported flexible tubes, pipes and hoses of plastics, with fittings worldwide, comprising 24% of global imports. The second position in the ranking was held by Germany ($X), with a 10% share of global imports. It was followed by the Netherlands, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +14.0%. In the other countries, the average annual rates were as follows: Germany (+9.3% per year) and the Netherlands (+26.0% per year).

Import Prices by Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, rising by 12% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flexible tubes, pipes and hoses of plastics, with fittings increased by +50.3% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. Global import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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