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

The global market for flexible tubes, pipes and hoses of plastics, without fittings is expected to continue its upward consumption trend, with forecasts showing an increase in market volume and value over the next eight years. Key highlights include the largest consuming countries, production statistics, import and export trends, growth rates in different regions, and average prices in the market.

Market Forecast

Driven by increasing demand for flexible tubes, pipes and hoses of plastics, without fittings worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.5% for the period from 2022 to 2030, which is projected to bring the market volume to 5.9M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.6% for the period from 2022 to 2030, which is projected to bring the market value to $45.9B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

In 2022, approx. 4.8M tons of flexible tubes, pipes and hoses of plastics, without fittings were consumed worldwide; almost unchanged from 2021 figures. The total consumption volume increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, global consumption of reached the maximum volume in 2022 and is likely to continue growth in years to come.

The size of the market for flexible tubes, pipes and hoses of plastics, without fittings worldwide rose slightly to $32B in 2022, growing by 2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $33.9B. From 2021 to 2022, the growth of the global market remained at a somewhat lower figure.

Consumption By Country

The country with the largest volume of consumption of flexible tubes, pipes and hoses of plastics, without fittings was China (1.1M tons), comprising approx. 22% of total volume. Moreover, consumption of flexible tubes, pipes and hoses of plastics, without fittings in China exceeded the figures recorded by the second-largest consumer, the United States (479K tons), twofold. India (425K tons) ranked third in terms of total consumption with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at +5.4%. In the other countries, the average annual rates were as follows: the United States (+4.3% per year) and India (+4.6% per year).

In value terms, Japan ($6.5B), the United States ($5.1B) and China ($4.8B) appeared to be the countries with the highest levels of market value in 2022, with a combined 51% share of the global market. Germany, Turkey, India, Brazil, Russia, Mexico, South Korea, Thailand, Italy and Iran lagged somewhat behind, together accounting for a further 27%.

In terms of the main consuming countries, Turkey, with a CAGR of +9.6%, recorded the highest growth rate of market size over the period under review, while fittings for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of per capita consumption of flexible tubes, pipes and hoses of plastics, without fittings was registered in Germany (5.1 kg per person), followed by Italy (1.9 kg per person), South Korea (1.7 kg per person) and Japan (1.5 kg per person), while the world average per capita consumption of flexible tubes, pipes and hoses of plastics, without fittings was estimated at 0.6 kg per person.

In Germany, per capita consumption of flexible tubes, pipes and hoses of plastics, without fittings increased at an average annual rate of +5.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (+6.3% per year) and South Korea (+4.9% per year).

Production

World Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

In 2022, the amount of flexible tubes, pipes and hoses of plastics, without fittings produced worldwide expanded to 4.7M tons, surging by 1.5% against 2021. The total output volume increased at an average annual rate of +4.1% 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 2020 with an increase of 13% against the previous year. As a result, production reached the peak volume of 4.8M tons. From 2021 to 2022, global production of growth remained at a lower figure.

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings rose to $30.4B in 2022 estimated in export price. The total output value increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 26%. Over the period under review, global production of reached the peak level in 2022 and is likely to see steady growth in the near future.

Production By Country

China (1.1M tons) remains the largest flexible tubes, pipes and hoses of plastics, without fittings producing country worldwide, comprising approx. 24% of total volume. Moreover, production of flexible tubes, pipes and hoses of plastics, without fittings in China exceeded the figures recorded by the second-largest producer, Germany (469K tons), twofold. The United States (458K tons) ranked third in terms of total production with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume in China amounted to +5.8%. In the other countries, the average annual rates were as follows: Germany (+5.2% per year) and the United States (+3.4% per year).

Imports

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

Global imports of flexible tubes, pipes and hoses of plastics, without fittings contracted to 767K tons in 2022, reducing by -1.8% compared with 2021 figures. The total import volume increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of 781K tons, and then contracted in the following year.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings rose remarkably to $5.8B in 2022. Overall, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +33.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports By Country

In 2022, the United States (101K tons), Mexico (76K tons) and Germany (58K tons) was the main importer of flexible tubes, pipes and hoses of plastics, without fittings in the world, generating 31% of total import. France (33K tons), the Netherlands (30K tons), Poland (25K tons), Belgium (23K tons), Austria (22K tons), Canada (21K tons), China (16K tons), Hungary (16K tons), Russia (16K tons) and Thailand (15K tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +20.1%), 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, without fittings importing markets worldwide were Mexico ($721M), the United States ($570M) and Germany ($399M), with a combined 29% share of global imports. China, France, Poland, the Netherlands, Belgium, Austria, Canada, Hungary, Russia and Thailand lagged somewhat behind, together accounting for a further 29%.

Among the main importing countries, the Netherlands, with a CAGR of +9.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $7,595 per ton, rising by 9% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2018 an increase of 9.1%. Global import price peaked in 2022 and is expected to retain growth in the immediate term.

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 China ($23,584 per ton), while Thailand ($3,345 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 (+5.0%), while the other global leaders experienced more modest paces of growth.

Exports

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

In 2022, global exports of flexible tubes, pipes and hoses of plastics, without fittings expanded slightly to 705K tons, growing by 2.5% on 2021 figures. In general, total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.3% 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 +52.6% against 2013 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. The global exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings rose markedly to $5.8B in 2022. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +69.8% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of 23%. The global exports peaked in 2022 and are likely to see steady growth in the near future.

Exports By Country

In 2022, Germany (107K tons), the United States (79K tons), China (71K tons) and Italy (70K tons) was the main exporter of flexible tubes, pipes and hoses of plastics, without fittings in the world, creating 46% of total export. France (35K tons) took the next position in the ranking, followed by Mexico (33K tons). All these countries together took near 9.7% share of total exports. Canada (23K tons), the Netherlands (22K tons), Sweden (21K tons), the Czech Republic (19K tons), Poland (19K tons), Argentina (16K tons) and South Korea (13K tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +12.9%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, without fittings supplying countries worldwide were the United States ($1.1B), Germany ($1B) and China ($391M), together comprising 43% of global exports.

China, with a CAGR of +15.2%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average export price for flexible tubes, pipes and hoses of plastics, without fittings stood at $8,178 per ton in 2022, increasing by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 9% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($13,674 per ton), while Argentina ($3,187 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform