Pakistan: 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 Pakistan

In 2022, the Pakistani market for flexible tubes, pipes and hoses of plastics, with fittings increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed a resilient increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

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

Exports from Pakistan

Exports of flexible tubes, pipes and hoses of plastics, with fittings from Pakistan soared to X tons in 2022, growing by X% compared with 2021 figures. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Angola (X tons), Afghanistan (X tons) and France (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with fittings from Pakistan, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Angola ($X) emerged as the key foreign market for flexible tubes, pipes and hoses of plastics, with fittings exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Afghanistan ($X), with a X% share of total exports. It was followed by Saudi Arabia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Angola totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to El Salvador ($X 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 Mozambique (X%), while the prices for the other major destinations experienced a decline.

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

Imports into Pakistan

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings soared to $X in 2022. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Pakistan, with a X% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with fittings from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Japan (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Pakistan, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform