Malaysia - 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 Malaysia - 2021
Contents:
- Price for Plastic Hose and Hose Fitting in Malaysia (FOB) - 2021
- Price for Plastic Hose and Hose Fitting in Malaysia (CIF) - 2021
- Exports of Plastic Hose and Hose Fitting in Malaysia
- Imports of Plastic Hose and Hose Fitting in Malaysia
Price for Plastic Hose and Hose Fitting in Malaysia (FOB) - 2021
In December 2021, the average export price for plastic hoses and hose fittings amounted to $4,876 per ton, growing by 37% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2021 when the average export price increased by 47% m-o-m. Over the period under review, the average export prices attained the peak figure at $6,035 per ton in May 2021; however, from June 2021 to December 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($8,248 per ton), while the average price for exports to Australia ($2,039 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Plastic Hose and Hose Fitting in Malaysia (CIF) - 2021
In December 2021, the average import price for plastic hoses and hose fittings amounted to $8,543 per ton, almost unchanged from the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in June 2021 an increase of 57% m-o-m. As a result, import price reached the peak level of $9,568 per ton. From July 2021 to December 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Germany ($28,189 per ton), while the price for China ($4,331 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Plastic Hose and Hose Fitting in Malaysia
In 2022, approx. 15K tons of plastic hoses and hose fittings were exported from Malaysia; reducing by -16.5% compared with 2021 figures. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of 18K tons, and then declined markedly in the following year.
In value terms, plastic hose and hose fitting exports reduced sharply to $72M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, the exports attained the peak of $93M, and then contracted rapidly in the following year.
| Export of Plastic Hose and Hose Fitting in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 11.0 | 9.6 | 33.4 | 22.9 | 27.7% |
| Singapore | 12.1 | 16.4 | 30.8 | 20.9 | 20.0% |
| Vietnam | 1.9 | 3.9 | 8.2 | 5.8 | 45.1% |
| Indonesia | 1.9 | 11.7 | 2.7 | 5.5 | 42.5% |
| United States | 5.2 | 3.6 | 5.8 | 5.5 | 1.9% |
| New Zealand | 0.7 | 0.8 | 1.6 | 1.2 | 19.7% |
| India | 0.9 | 0.5 | 0.8 | 0.6 | -12.6% |
| Others | 5.4 | 5.3 | 9.7 | 9.9 | 22.4% |
| Total | 38.9 | 51.7 | 92.8 | 72.3 | 23.0% |
Top Export Markets for Plastic Hose and Hose Fitting from Malaysia in 2022:
- Australia (7.6K tons)
- Singapore (3.4K tons)
- Indonesia (1.3K tons)
- Vietnam (0.5K tons)
- United States (0.4K tons)
- India (0.3K tons)
- New Zealand (0.3K tons)
Imports of Plastic Hose and Hose Fitting in Malaysia
In 2022, the amount of plastic hoses and hose fittings imported into Malaysia declined to 7.9K tons, which is down by -8.7% compared with 2021 figures. Overall, imports continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 7.5% against the previous year. As a result, imports reached the peak of 8.7K tons, and then fell in the following year.
In value terms, plastic hose and hose fitting imports fell to $64M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20%. As a result, imports attained the peak of $69M, and then fell in the following year.
| Import of Plastic Hose and Hose Fitting in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.8 | 24.6 | 25.0 | 22.6 | -0.3% |
| United States | 6.7 | 6.8 | 12.8 | 11.1 | 18.3% |
| Japan | 4.8 | 4.3 | 6.5 | 5.4 | 4.0% |
| Germany | 5.0 | 5.1 | 5.2 | 5.2 | 1.3% |
| Singapore | 3.7 | 4.8 | 5.3 | 4.9 | 9.8% |
| South Korea | 4.7 | 5.9 | 5.4 | 4.8 | 0.7% |
| France | 0.4 | 0.1 | 0.1 | 1.5 | 55.4% |
| Others | 6.5 | 6.4 | 9.1 | 8.3 | 8.5% |
| Total | 54.6 | 58.1 | 69.5 | 63.8 | 5.3% |
Top Suppliers of Plastic Hose and Hose Fitting to Malaysia in 2022:
- China (4588.4 tons)
- United States (719.4 tons)
- South Korea (637.4 tons)
- Singapore (432.5 tons)
- Germany (317.7 tons)
- Japan (289.2 tons)
- France (203.6 tons)
This report provides an in-depth analysis of the market for plastic hose and hose fitting in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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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