Southern Asia: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Southern Asia

The South Asian market for rigid tubes, pipes and hoses, of other polymers reached $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; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Southern Asia

In value terms, production of rigid tubes, pipes and hoses, of other polymers amounted to $X in 2022 estimated in export price. The total production indicated pronounced growth 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 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production of hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports in Southern Asia

In 2022, exports of rigid tubes, pipes and hoses, of other polymers in Southern Asia fell sharply to X tons, which is down by X% on the year before. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers declined to $X in 2022. Overall, exports, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2021, and then fell in the following year.

Exports by Country

India prevails in polymers structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Pakistan (X tons), constituting a X% share of total exports.

India was also the fastest-growing in terms of the rigid tubes, pipes and hoses, of other polymers exports, with a CAGR of X% from 2012 to 2022. Pakistan (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest rigid tubes, pipes and hoses, of other polymers supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports.

In India, exports of rigid tubes, pipes and hoses, of other polymers increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

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 India ($X per ton), while Pakistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports in Southern Asia

In 2022, approx. X tons of rigid tubes, pipes and hoses, of other polymers were imported in Southern Asia; declining by X% on the year before. Overall, imports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2018 when imports increased by 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 rigid tubes, pipes and hoses, of other polymers dropped sharply to $X in 2022. Total imports indicated buoyant growth 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank markedly in the following year.

Imports by Country

In 2022, India (X tons) was the largest importer of rigid tubes, pipes and hoses, of other polymers, constituting X% of total imports. Bangladesh (X tons) ranks second in terms of the total imports with a X% share, followed by Afghanistan (X%) and Pakistan (X%). Nepal (X tons), Maldives (X tons) and Sri Lanka (X tons) held a little share of total imports.

India was also the fastest-growing in terms of the rigid tubes, pipes and hoses, of other polymers imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. Pakistan experienced a relatively flat trend pattern. By contrast, Nepal (X%), Sri Lanka (X%), Maldives (X%) and Afghanistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India and Bangladesh increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported rigid tubes, pipes and hoses, of other polymers in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with an X% share of total imports. It was followed by Pakistan, with a X% share.

In India, imports of rigid tubes, pipes and hoses, of other polymers expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Import price indicated a strong 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 rigid tubes, pipes and hoses, of other polymers increased by X% against 2018 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 India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform