Asia-Pacific: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Asia-Pacific

The Asia-Pacific market for flexible tubes, pipes and hoses of plastics, with fittings contracted slightly to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Asia-Pacific

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings declined slightly to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports in Asia-Pacific

After five years of growth, shipments abroad of flexible tubes, pipes and hoses of plastics, with fittings decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, China (X tons) represented the largest exporter of flexible tubes, pipes and hoses of plastics, with fittings, generating X% of total exports. It was distantly followed by Taiwan (Chinese) (X tons), achieving a X% share of total exports. Singapore (X tons), South Korea (X tons) and Thailand (X tons) held a minor share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, South Korea (X%), Singapore (X%), Thailand (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Taiwan (Chinese) (X p.p.), South Korea (X p.p.) and Singapore (X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Singapore ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Singapore, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2014 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

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

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

Imports in Asia-Pacific

In 2022, overseas purchases of flexible tubes, pipes and hoses of plastics, with fittings decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 2017 with an increase of X%. The volume of import peaked at X tons in 2021, and then contracted dramatically in the following year.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings contracted to $X in 2022. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then contracted modestly in the following year.

Imports by Country

In 2022, Vietnam (X tons), Japan (X tons), Singapore (X tons), Australia (X tons), Indonesia (X tons), China (X tons), South Korea (X tons), Malaysia (X tons) and Thailand (X tons) was the main importer of flexible tubes, pipes and hoses of plastics, with fittings in Asia-Pacific, creating X% of total import. The following importers - Bangladesh (X tons), Taiwan (Chinese) (X tons), Afghanistan (X tons) and India (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Singapore ($X) and Japan ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. South Korea, Vietnam, Australia, Taiwan (Chinese), Malaysia, India, Thailand, Indonesia, Bangladesh and Afghanistan lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, with an increase of X% against the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2012 indices. 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 destination: amid the top importers, the country with the highest price was China ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform