China - Plastic Hoses and Hose Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Plastic Hose and Hose Fitting in China - 2023
Contents:
- Price for Plastic Hose and Hose Fitting in China (FOB) - 2023
- Price for Plastic Hose and Hose Fitting in China (CIF) - 2022
- Exports of Plastic Hose and Hose Fitting in China
- Imports of Plastic Hose and Hose Fitting in China
Price for Plastic Hose and Hose Fitting in China (FOB) - 2023
In June 2023, the average export price for plastic hoses and hose fittings amounted to $4,462 per ton, almost unchanged from the previous month. In general, the export price continues to indicate a slight reduction. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices hit record highs at $5,246 per ton in August 2022; however, from September 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the UK ($5,784 per ton), while the average price for exports to Nigeria ($2,405 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Plastic Hose and Hose Fitting in China (CIF) - 2022
In 2022, the average import price for plastic hoses and hose fittings amounted to $23,021 per ton, increasing by 8.7% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic hose and hose fitting import price increased by +96.6% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($88,623 per ton), while the price for Taiwan (Chinese) ($5,061 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Plastic Hose and Hose Fitting in China
In 2022, overseas shipments of plastic hoses and hose fittings decreased by -1.6% to 456K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, the exports attained the peak of 464K tons, and then contracted slightly in the following year.
In value terms, plastic hose and hose fitting exports expanded significantly to $2.3B in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Plastic Hose and Hose Fitting in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 350 | 369 | 483 | 580 | 18.3% |
Thailand | 45.7 | 69.4 | 95.8 | 85.1 | 23.0% |
Australia | 53.8 | 60.4 | 63.8 | 84.9 | 16.4% |
Russia | 52.4 | 52.8 | 71.1 | 84.4 | 17.2% |
Vietnam | 51.9 | 69.9 | 82.5 | 77.1 | 14.1% |
India | 49.1 | 44.2 | 60.9 | 65.3 | 10.0% |
Canada | 34.1 | 36.1 | 46.0 | 56.7 | 18.5% |
Malaysia | 36.8 | 39.8 | 57.8 | 55.4 | 14.6% |
Indonesia | 30.8 | 36.6 | 51.6 | 50.6 | 18.0% |
Mexico | 24.2 | 26.7 | 39.8 | 46.5 | 24.3% |
United Kingdom | 29.1 | 33.0 | 43.6 | 43.0 | 13.9% |
Philippines | 24.6 | 28.0 | 35.2 | 41.6 | 19.1% |
Nigeria | 18.4 | 21.9 | 32.4 | 27.4 | 14.2% |
Others | 670 | 717 | 896 | 958 | 12.7% |
Total | 1,470 | 1,605 | 2,059 | 2,256 | 15.3% |
Top Export Markets for Plastic Hose and Hose Fitting from China in 2022:
- United States (96.2K tons)
- Thailand (24.3K tons)
- Russia (19.0K tons)
- Australia (17.9K tons)
- Vietnam (17.0K tons)
- Indonesia (14.3K tons)
- India (13.2K tons)
- Canada (11.7K tons)
- Philippines (10.8K tons)
- Nigeria (10.3K tons)
- Mexico (8.6K tons)
- Malaysia (8.5K tons)
- United Kingdom (7.6K tons)
Imports of Plastic Hose and Hose Fitting in China
In 2022, purchases abroad of plastic hoses and hose fittings decreased by -10.7% to 32K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 7.7%. As a result, imports attained the peak of 36K tons, and then fell in the following year.
In value terms, plastic hose and hose fitting imports declined slightly to $741M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 26%. As a result, imports reached the peak of $763M, and then declined slightly in the following year.
Import of Plastic Hose and Hose Fitting in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 119 | 131 | 195 | 185 | 15.8% |
Germany | 130 | 144 | 159 | 135 | 1.3% |
Japan | 116 | 103 | 133 | 132 | 4.4% |
South Korea | 35.1 | 34.9 | 41.0 | 45.6 | 9.1% |
Taiwan (Chinese) | 21.8 | 26.7 | 36.1 | 33.6 | 15.5% |
Vietnam | 2.0 | 3.1 | 15.6 | 18.8 | 111.0% |
Italy | 12.9 | 12.6 | 15.6 | 16.4 | 8.3% |
Czech Republic | 14.7 | 15.0 | 21.2 | 15.6 | 2.0% |
Singapore | 28.4 | 22.2 | 12.8 | 13.4 | -22.1% |
France | 9.5 | 9.9 | 10.9 | 11.8 | 7.5% |
Israel | 3.5 | 3.6 | 3.1 | 7.4 | 28.3% |
United Arab Emirates | 8.8 | 0.3 | 0.8 | N/A | -69.8% |
Others | 76.3 | 101 | 120 | 126 | 18.2% |
Total | 578 | 607 | 763 | 741 | 8.6% |
Top Suppliers of Plastic Hose and Hose Fitting to China in 2022:
- Germany (6.7K tons)
- Taiwan (Chinese) (6.6K tons)
- Japan (4.6K tons)
- South Korea (3.3K tons)
- United States (2.1K tons)
- Italy (1.9K tons)
- Israel (0.9K tons)
- Vietnam (0.8K tons)
- France (0.7K tons)
- Czech Republic (0.6K tons)
- Singapore (0.3K tons)
This report provides an in-depth analysis of the market for plastic hose and hose fitting in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22212920 - Flexible tubes, pipes and hoses of plastics, with a burst pressure . .27,6 MPa
- Prodcom 22212935 - Flexible tubes, pipes and hoses of plastics, not reinforced or otherwise combined with other materials, without fittings
- Prodcom 22212937 - Flexible tubes, pipes and hoses of plastics, not reinforced or otherwise combined with other materials, with fittings, seals or connectors
- Prodcom 22212950 - Plastic tubes, pipes and hoses (excluding artificial guts, s ausage skins, rigid, flexible tubes and pipes having a minimum burst pressure of .27,6 MPa)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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