South-Eastern Asia: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in South-Eastern Asia

The Southeast Asian ethylene polymer rigid pipes market rose modestly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in South-Eastern Asia

In value terms, ethylene polymer rigid pipes production totaled $X in 2022 estimated in export price. In general, production showed mild growth. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports in South-Eastern Asia

In 2022, ethylene polymer rigid pipes exports in South-Eastern Asia totaled X tons, surging by X% against 2021. 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 was the most pronounced in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, ethylene polymer rigid pipes exports contracted to $X in 2022. The total export 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 in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand represented the major exporter of rigid tubes, pipes and hoses of polymers of ethylene in South-Eastern Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Malaysia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (X%). Indonesia (X tons) followed a long way behind the leaders.

Exports from Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) and Malaysia (X%) illustrated a downward trend over the same period. Thailand (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Malaysia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Thailand ($X) remains the largest ethylene polymer rigid pipes supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

In Thailand, ethylene polymer rigid pipes exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports in South-Eastern Asia

In 2022, purchases abroad of rigid tubes, pipes and hoses of polymers of ethylene was finally on the rise to reach X tons after two years of decline. Overall, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, ethylene polymer rigid pipes imports skyrocketed to $X in 2022. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of rigid tubes, pipes and hoses of polymers of ethylene, namely Cambodia, the Philippines and Indonesia, represented more than two-thirds of total import. Singapore (X tons) ranks next in terms of the total imports with a X% share, followed by Lao People's Democratic Republic (X%), Vietnam (X%) and Malaysia (X%).

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

In value terms, the largest ethylene polymer rigid pipes importing markets in South-Eastern Asia were the Philippines ($X), Indonesia ($X) and Cambodia ($X), together comprising X% of total imports.

Among the main importing countries, Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, saw a perceptible descent. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while Lao People's Democratic Republic ($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.

Source: IndexBox Platform