Southern 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 Southern Asia

The South Asian ethylene polymer rigid pipes market rose slightly to $X in 2022, picking up by X% against the previous year. The market 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. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Southern Asia

In value terms, ethylene polymer rigid pipes production expanded to $X in 2022 estimated in export price. The total output 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 pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports in Southern Asia

In 2022, shipments abroad of rigid tubes, pipes and hoses of polymers of ethylene increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, ethylene polymer rigid pipes exports soared to $X in 2022. Over the period under review, exports saw a notable expansion. 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 attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

The biggest shipments were from India (X tons), together resulting at X% of total export.

India was also the fastest-growing in terms of the rigid tubes, pipes and hoses of polymers of ethylene exports, with a CAGR of X% from 2012 to 2022. India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest ethylene polymer rigid pipes supplier in Southern Asia.

From 2012 to 2022, the average annual growth rate of value in India totaled X%.

Export Prices by Country

The export price in Southern Asia 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%. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

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

Imports in Southern Asia

After two years of growth, purchases abroad of rigid tubes, pipes and hoses of polymers of ethylene decreased by X% to X tons in 2022. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, ethylene polymer rigid pipes imports totaled $X in 2022. Total imports 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, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Bangladesh represented the key importing country with an import of about X tons, which accounted for X% of total imports. India (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Nepal (X%), Sri Lanka (X%), Maldives (X%) and Pakistan (X%). Bhutan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to ethylene polymer rigid pipes imports into Bangladesh stood at X%. At the same time, Maldives (X%), Pakistan (X%), Nepal (X%) and India (X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Sri Lanka experienced a relatively flat trend pattern. By contrast, Bhutan (X%) illustrated a downward trend over the same period. While the share of Bangladesh (X p.p.), Maldives (X p.p.), Nepal (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of India (X p.p.), Bhutan (X p.p.) and Sri Lanka (X p.p.) displayed negative dynamics.

In value terms, the largest ethylene polymer rigid pipes importing markets in Southern Asia were Bangladesh ($X), India ($X) and Maldives ($X), together accounting for X% of total imports.

Maldives, 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 Southern Asia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, 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 India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform