Overview of the Global Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

In 2023, the global market for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa increased by X% to $X, rising for the ninth year in a row after two years of decline. Over the period under review, the total consumption indicated a prominent expansion 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 increased by X% against 2014 indices. Over the period under review, the global market reached the maximum level in 2023 and is expected to retain growth in the near future.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa totaled $X in 2023 estimated in export price. In general, production, however, saw a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, global production of attained the maximum level in 2023 and is likely to continue growth in years to come.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports

Global exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa expanded markedly to X tons in 2023, increasing by X% on the previous year's figure. Over the period under review, exports, however, saw a perceptible curtailment. Over the period under review, the global exports of hit record highs at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa stood at $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The global exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

In 2023, China (X tons) was the key exporter of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa, mixing up X% of total exports. Turkey (X tons) ranks second in terms of the total exports with an X% share, followed by Malaysia (X%) and France (X%). The following exporters - South Korea (X tons), Italy (X tons), the United States (X tons), India (X tons), Sweden (X tons), the Philippines (X tons), Hong Kong SAR (X tons), the Netherlands (X tons) and Germany (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, the Philippines (X%), the Netherlands (X%), Sweden (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. France and India experienced a relatively flat trend pattern. By contrast, Italy (X%), South Korea (X%), the United States (X%), Germany (X%), Hong Kong SAR (X%) and Turkey (X%) illustrated a downward trend over the same period. China (X p.p.), Malaysia (X p.p.), the Philippines (X p.p.), Sweden (X p.p.), the Netherlands (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the global exports, while Hong Kong SAR and Turkey 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, China ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Germany ($X), with a X% share of global exports. It was followed by the United States, with an X% share.

In China, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

Export Prices by Country

In 2023, the average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa amounted to $X per ton, shrinking by X% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2023: its price 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, export price for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa increased by X% against 2019 indices. The growth pace was the most rapid in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

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

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

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports

In 2023, approx. X tons of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa were imported worldwide; picking up by X% against 2022. Overall, imports, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Global imports peaked at X tons in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa reached $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Global imports peaked in 2023 and are expected to retain growth in years to come.

Imports by Country

The purchases of the twelve major importers of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa, namely Iraq, the United States, the Philippines, France, Germany, Canada, Vietnam, Spain, Hong Kong SAR, Belgium, Austria and Italy, represented more than third of total import. Sweden (X tons) followed a long way behind the leaders.

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

In value terms, the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa importing markets worldwide were the United States ($X), France ($X) and Germany ($X), together accounting for X% of global imports. Belgium, Canada, Spain, Sweden, Italy, Vietnam, Iraq, Austria, Hong Kong SAR and the Philippines lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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

In 2023, the average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa amounted to $X per ton, approximately equating the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Global import price peaked in 2023 and is expected to retain 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 the United States ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform