Eastern Asia: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Eastern Asia

The East Asian market for flexible tubes, pipes and hoses of plastics, without fittings reached $X in 2023, growing by X% against the previous year. The total consumption indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. 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. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Eastern Asia

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings expanded slightly to $X in 2023 estimated in export price. The total production indicated a buoyant increase 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 pace of growth appeared the most rapid in 2020 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports in Eastern Asia

Exports of flexible tubes, pipes and hoses of plastics, without fittings skyrocketed to X tons in 2023, increasing by X% compared with 2022 figures. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2017 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.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings fell to $X in 2023. Total exports 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, exports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports of reached the peak figure at $X in 2022, and then reduced modestly in the following year.

Exports by Country

In 2023, China (X tons) represented the major exporter of flexible tubes, pipes and hoses of plastics, without fittings, making up X% of total exports. South Korea (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Japan (X%) and Taiwan (Chinese) (X%).

China was also the fastest-growing in terms of the flexible tubes, pipes and hoses of plastics, without fittings exports, with a CAGR of X% from 2012 to 2023. At the same time, Taiwan (Chinese) (X%) and South Korea (X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. China (X p.p.) significantly strengthened its position in terms of the total exports, while Japan and South Korea saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest flexible tubes, pipes and hoses of plastics, without fittings supplying countries in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), together accounting for X% of total exports.

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

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, declining by X% against the previous year. In general, the export price showed a noticeable decline. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports in Eastern Asia

In 2023, the amount of flexible tubes, pipes and hoses of plastics, without fittings imported in Eastern Asia fell to X tons, waning by X% against the previous year. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings fell to $X in 2023. Total imports indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2022, and then contracted in the following year.

Imports by Country

China was the key importer of flexible tubes, pipes and hoses of plastics, without fittings in Eastern Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2023. Japan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%).

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

In value terms, China ($X) constitutes the largest market for imported flexible tubes, pipes and hoses of plastics, without fittings in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with an X% share of total imports. It was followed by South Korea, with an X% share.

In China, imports of flexible tubes, pipes and hoses of plastics, without fittings expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2023, picking up by X% against the previous year. Import price indicated a pronounced expansion from 2012 to 2023: its price 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, import price for flexible tubes, pipes and hoses of plastics, without fittings increased by X% against 2016 indices. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure in 2023 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform