Asia-Pacific: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Asia-Pacific

The Asia-Pacific market for rigid tubes, pipes and hoses of polymers of vinyl chloride fell slightly to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat 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 Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Asia-Pacific

In value terms, vinyl chloride polymer rigid pipes production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports in Asia-Pacific

In 2022, approx. X tons of rigid tubes, pipes and hoses of polymers of vinyl chloride were exported in Asia-Pacific; surging by X% against the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, vinyl chloride polymer rigid pipes exports skyrocketed to $X in 2022. Total exports indicated a prominent expansion 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China was the largest exporter of rigid tubes, pipes and hoses of polymers of vinyl chloride in Asia-Pacific, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. India (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%) and the Philippines (X%). The following exporters - Thailand (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) - each recorded a X% share of total exports.

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

In value terms, China ($X) remains the largest vinyl chloride polymer rigid pipes supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. In the other countries, the average annual rates were as follows: India (X% per year) and the Philippines (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Taiwan (Chinese) ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports in Asia-Pacific

In 2022, overseas purchases of rigid tubes, pipes and hoses of polymers of vinyl chloride increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period 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 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, vinyl chloride polymer rigid pipes imports stood at $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, 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 X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Singapore (X tons) and Hong Kong SAR (X tons) were the largest importers of rigid tubes, pipes and hoses of polymers of vinyl chloride in Asia-Pacific, together reaching approx. X% of total imports. Australia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Indonesia (X%), Thailand (X%), Myanmar (X%), Vietnam (X%) and Lao People's Democratic Republic (X%). Maldives (X tons), China (X tons), Malaysia (X tons), New Zealand (X tons) and Macao SAR (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl chloride polymer rigid pipes importing markets in Asia-Pacific were Singapore ($X), China ($X) and Australia ($X), together accounting for X% of total imports. Hong Kong SAR, Vietnam, Malaysia, Indonesia, Maldives, Thailand, New Zealand, Lao People's Democratic Republic, Myanmar and Macao SAR lagged somewhat behind, together accounting for a further X%.

Lao People's Democratic Republic, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the import price in Asia-Pacific amounted to $X per ton, increasing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

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

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

Source: IndexBox Platform