South-Eastern Asia: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in South-Eastern Asia

In 2023, the Southeast Asian market for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa decreased by X% to $X, falling for the second consecutive year after five years of growth. The total consumption indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in South-Eastern Asia

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa rose slightly to $X in 2023 estimated in export price. The total production indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports in South-Eastern Asia

In 2023, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X mpa in South-Eastern Asia skyrocketed to X tons, increasing by X% compared with 2022. In general, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa rose markedly to $X in 2023. Over the period under review, exports saw buoyant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2023 and are expected to retain growth in the near future.

Exports by Country

Malaysia was the key exporter of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa in South-Eastern Asia, with the volume of exports accounting for X tons, which was near X% of total exports in 2023. The Philippines (X tons) held the second position in the ranking, distantly followed by Thailand (X tons). All these countries together took approx. X% share of total exports. Singapore (X tons) held a minor share of total exports.

Exports from Malaysia increased at an average annual rate of X% from 2012 to 2023. At the same time, the Philippines (X%), Thailand (X%) and Singapore (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2023. While the share of the Philippines (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Singapore (X p.p.), Thailand (X p.p.) and Malaysia (X p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Malaysia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price, however, showed a tangible expansion. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports in South-Eastern Asia

In 2023, approx. X tons of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa were imported in South-Eastern Asia; increasing by X% compared with the previous year. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked in 2023 and is likely to see gradual growth in the near future.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa stood at $X in 2023. Total imports indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked in 2023 and is expected to retain growth in the near future.

Imports by Country

In 2023, the Philippines (X tons), distantly followed by Vietnam (X tons), Myanmar (X tons), Malaysia (X tons), Singapore (X tons), Lao People's Democratic Republic (X tons), Indonesia (X tons) and Brunei Darussalam (X tons) represented the largest importers of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa, together committing X% of total imports.

From 2012 to 2023, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Singapore ($X) and Brunei Darussalam ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Brunei Darussalam, 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 2023, the import price in South-Eastern Asia amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price saw a mild decrease. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2023, the import prices remained at a somewhat lower figure.

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

From 2012 to 2023, 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.

Source: IndexBox Platform