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 markedly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached 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 markedly 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%. As a result, production reached 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, the amount of flexible tubes, pipes and hoses of plastics, with fittings exported in Asia rose significantly to X tons, surging by X% on 2022. The total export volume increased at an average annual rate of X% 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 when exports increased by 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 lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings shrank to $X in 2023. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports of attained the peak figure at $X in 2022, and then shrank in the following year.

Exports by Country

In 2023, China (X tons) represented the major exporter of flexible tubes, pipes and hoses of plastics, with fittings, achieving X% of total exports. It was distantly followed by Taiwan (Chinese) (X tons), making up a X% share of total exports. Singapore (X tons), South Korea (X tons) and Thailand (X tons) held a relatively small share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. 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 rate of growth in terms of value in China stood at 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

In 2023, the export price in Asia amounted to $X per ton, declining by X% against the previous year. Export price indicated a moderate 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 fittings increased by X% against 2012 indices. The growth pace was 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 contracted 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

In 2023, after two years of decline, there was significant growth in purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings, when their volume increased by X% to X tons. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings contracted to $X in 2023. Total imports indicated a noticeable 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, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, South Korea (X tons), Saudi Arabia (X tons), Uzbekistan (X tons), Vietnam (X tons) and Japan (X tons) was the largest importer of flexible tubes, pipes and hoses of plastics, with fittings in Asia, creating X% of total import. Indonesia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by China (X%), Israel (X%) and Turkey (X%). The following importers - Thailand (X tons), Malaysia (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) appeared to be 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 comprising 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, waning by X% against the previous year. Import price indicated a perceptible 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, import price for flexible tubes, pipes and hoses of plastics, with fittings increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank notably in the following year.

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 ($X per ton), while Saudi Arabia ($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