Overview of the Global Market for Plastic Hoses and Hose Fittings

Market Size for Plastic Hoses and Hose Fittings

The global market for plastic hoses and hose fittings totaled $X in 2022, therefore, remained relatively stable 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 throughout the analyzed period. Global consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Plastic Hoses and Hose Fittings

In value terms, plastic hose and hose fitting production stood at $X in 2022 estimated in export price. Overall, the total production indicated a temperate 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports

In 2022, after five years of growth, there was decline in shipments abroad of plastic hoses and hose fittings, when their volume decreased by X% to X tons. 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 throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, leveling off in the following year.

In value terms, plastic hose and hose fitting exports totaled $X in 2022. In general, total exports indicated a prominent increase 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, China (X tons), distantly followed by Germany (X tons), Italy (X tons) and the United States (X tons) were the largest exporters of plastic hoses and hose fittings, together generating X% of total exports. Mexico (X tons), France (X tons), Spain (X tons), Canada (X tons), Turkey (X tons), the Netherlands (X tons), Poland (X tons), South Korea (X tons) and the Czech Republic (X tons) took a relatively small share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Spain (X%), Mexico (X%), France (X%), Italy (X%), Canada (X%), the Czech Republic (X%), Germany (X%), South Korea (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The United States experienced a relatively flat trend pattern. By contrast, Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic hose and hose fitting supplying countries worldwide were Germany ($X), China ($X) and the United States ($X), together comprising X% of global exports. Italy, France, the Netherlands, Mexico, Poland, the Czech Republic, Spain, Canada, South Korea and Turkey lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for plastic hoses and hose fittings amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Imports of Plastic Hoses and Hose Fittings

Imports

In 2022, supplies from abroad of plastic hoses and hose fittings increased by X% to X tons, rising for the sixth year in a row after two years of decline. The total import 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, plastic hose and hose fitting imports reached $X in 2022. In general, total imports indicated a prominent increase 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 most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the United States (X tons), followed by Germany (X tons) and Mexico (X tons) represented the key importers of plastic hoses and hose fittings, together making up X% of total imports. Belgium (X tons), France (X tons), Russia (X tons), the Netherlands (X tons), Iraq (X tons), Canada (X tons), Austria (X tons), Poland (X tons), the UK (X tons) and Italy (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to plastic hose and hose fitting imports into the United States stood at X%. At the same time, Belgium (X%), the UK (X%), Austria (X%), the Netherlands (X%), Germany (X%), France (X%), Poland (X%), Canada (X%) and Italy (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Mexico and Iraq experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. The United States (X p.p.) and Belgium (X p.p.) significantly strengthened its position in terms of the global imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic hose and hose fitting importing markets worldwide were the United States ($X), Germany ($X) and Mexico ($X), together accounting for X% of global imports. France, the Netherlands, the UK, Canada, Poland, Belgium, Italy, Austria, Russia and Iraq lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for plastic hoses and hose fittings stood at $X per ton in 2022, increasing by 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 2018 when the average import price increased by X% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the near future.

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 Mexico ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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