Malaysia - Plastic Tubes, Pipes And Hoses, And Fitting - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Malaysia - Plastic Tubes, Pipes And Hoses, And Fitting - Market Analysis, Forecast, Size, Trends and Insights

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Price for Plastic Pipe and Hose in Malaysia - 2021

Contents:

  1. Price for Plastic Pipe and Hose in Malaysia (FOB) - 2022
  2. Price for Plastic Pipe and Hose in Malaysia (CIF) - 2022
  3. Exports of Plastic Pipe and Hose in Malaysia
  4. Imports of Plastic Pipe and Hose in Malaysia

Price for Plastic Pipe and Hose in Malaysia (FOB) - 2022

In 2022, the average plastic pipe and hose export price amounted to $3,266 per ton, falling by -13.9% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 an increase of 17% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,792 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($14,040 per ton), while the average price for exports to Myanmar ($504 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Plastic Pipe and Hose in Malaysia (CIF) - 2022

The average plastic pipe and hose import price stood at $8,145 per ton in 2022, surging by 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue 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 ($16,940 per ton), while the price for the United Arab Emirates ($1,971 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Plastic Pipe and Hose in Malaysia

In 2022, approx. 68K tons of plastics tubes, pipes and hoses, and fitting were exported from Malaysia; with an increase of 19% on 2021. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +63.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, plastic pipe and hose exports stood at $221M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +49.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 46%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Plastic Pipe and Hose in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore47.144.064.269.613.9%
Australia15.313.026.940.638.4%
United States12.010.420.016.611.4%
Brazil0.10.1N/A12.9405.3%
Indonesia10.618.79.712.35.1%
China9.710.16.410.63.0%
Vietnam8.512.328.58.60.4%
Brunei Darussalam1.61.32.08.373.1%
Thailand8.95.211.26.9-8.1%
Philippines4.93.55.64.8-0.7%
Myanmar1.81.70.62.15.3%
Others30.127.840.827.2-3.3%
Total15114821622113.5%

Top Export Markets for Plastic Pipe and Hose from Malaysia in 2022:

  1. Singapore (30.8K tons)
  2. Australia (12.5K tons)
  3. Myanmar (4.1K tons)
  4. Indonesia (2.9K tons)
  5. Vietnam (2.7K tons)
  6. Brunei Darussalam (2.0K tons)
  7. Brazil (1.8K tons)
  8. Thailand (1.8K tons)
  9. United States (1.2K tons)
  10. China (1.2K tons)
  11. Philippines (1.1K tons)

Imports of Plastic Pipe and Hose in Malaysia

In 2022, plastic pipe and hose imports into Malaysia soared to 27K tons, rising by 28% on 2021 figures. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic pipe and hose imports soared to $217M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Plastic Pipe and Hose in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46.944.952.861.09.2%
United States18.012.221.943.734.4%
Singapore14.012.712.722.817.7%
Japan18.718.115.720.32.8%
South Korea8.86.87.012.913.6%
Germany9.28.18.112.29.9%
Thailand1.61.12.03.226.0%
Taiwan (Chinese)4.91.72.73.0-15.1%
United Arab Emirates1.50.40.22.010.1%
Others22.116.519.735.917.6%
Total14612314321714.1%

Top Suppliers of Plastic Pipe and Hose to Malaysia in 2022:

  1. China (12.2K tons)
  2. United States (2.6K tons)
  3. Singapore (2.0K tons)
  4. South Korea (1.8K tons)
  5. Japan (1.5K tons)
  6. Germany (1.1K tons)
  7. United Arab Emirates (1.0K tons)
  8. Taiwan (Chinese) (0.6K tons)
  9. Thailand (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for plastic pipe and hose 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 22212153 - Rigid tubes, pipes and hoses of polymers of ethylene
  • Prodcom 22212155 - Rigid tubes, pipes and hoses of polymers of propylene
  • Prodcom 22212157 - Rigid tubes, pipes and hoses of polymers of vinyl chloride
  • Prodcom 22212170 - Rigid tubes, pipes and hoses of plastics (excluding of polymers of ethylene, of polymers of propylene, of polymers of vinyl chloride)
  • 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)
  • Prodcom 22212970 - Fittings, e.g. joints, elbows, flanges, of plastics, for tubes, p ipes and hoses

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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