Asia: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Asia

The Asian market for flexible tubes, pipes and hoses of plastics, with fittings rose rapidly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Asia

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings rose notably to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production of growth remained at a somewhat lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports in Asia

In 2023, approx. X tons of flexible tubes, pipes and hoses of plastics, with fittings were exported in Asia; growing by X% compared with 2022 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings contracted to $X in 2023. Over the period under review, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2022, and then reduced in the following year.

Exports by Country

China represented the main exporter of flexible tubes, pipes and hoses of plastics, with fittings in Asia, with the volume of exports recording X tons, which was approx. X% of total exports in 2023. Taiwan (Chinese) (X tons) took the second position in the ranking, distantly followed by Singapore (X tons). All these countries together took near X% share of total exports. South Korea (X tons) and Thailand (X tons) held a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to flexible tubes, pipes and hoses of plastics, with fittings exports from China stood at X%. At the same time, Singapore (X%), Thailand (X%), South Korea (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. While the share of China (X p.p.), Taiwan (Chinese) (X p.p.) and Singapore (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest flexible tubes, pipes and hoses of plastics, with fittings supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with an X% share.

From 2012 to 2023, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, falling by X% against the previous year. Export price indicated a pronounced increase 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, export price for flexible tubes, pipes and hoses of plastics, with fittings increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined remarkably in the following year.

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

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

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports in Asia

After two years of decline, purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings increased by X% to X tons in 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings shrank to $X in 2023. Total imports indicated moderate growth 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, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 when imports increased by X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

The purchases of the five major importers of flexible tubes, pipes and hoses of plastics, with fittings, namely South Korea, Saudi Arabia, Vietnam, Uzbekistan and Japan, represented more than third of total import. It was followed by Indonesia (X tons), China (X tons), Turkey (X tons) and Thailand (X tons), together generating a X% share of total imports. The following importers - Malaysia (X tons), Israel (X tons), Taiwan (Chinese) (X tons) and India (X tons) - together made up X% of total imports.

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

In value terms, China ($X), Japan ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Taiwan (Chinese), Turkey, India, Vietnam, Malaysia, Saudi Arabia, Thailand, Indonesia, Israel and Uzbekistan lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Asia amounted to $X per ton, falling by X% against the previous year. Import price indicated temperate growth 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, with fittings increased by X% against 2012 indices. The pace of growth was the most pronounced in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform