Plastic Pipe and Pipe Fitting Market - U.S. Plastic Pipe and Pipe Fitting Exports Soften Their Growth

Plastics July 07, 2016
Author: Irina Andreeva
Market Analyst

plastic pipe and pipe fitting market

Photo: © Nomad Soul / Bigstockphoto

The U.S. takes second place in global exports on the plastic pipe and pipe fitting market (with a 9% share, based on USD), following Germany (13%), and ahead of China and Turkey (8% each).

U.S. suppliers saw their shares in global exports reduced by -2 percentage points over the period under review. By contrast, Chinese (+3 percentage points) and Turkish (+5 percentage points) companies strengthened their positions in the global trade.

In 2015, the U.S. exported 2,460 million USD, which was 1% over the previous year's export. Outside of the one-year decline of 2009, U.S. plastic pipe and pipe fitting exports showed steady growth from 2007 to 2015, with a deceleration by the end of the period. There was an average annual increase of +4.9% throughout the analysed period.

In 2015, Mexico (38%) and Canada (20%) were the main destinations of U.S. plastic pipe and pipe fitting exports. The share exported to Mexico increased (+4 percentage points), while the share sent to Canada illustrated negative dynamics (-4 percentage points) from 2007 to 2015.

From 2007 to 2015, the U.S. was a net exporter of plastic pipes and pipe fittings. However, imports grew faster than exports on average over the period under review.

After peaking in 2010, net US exports of plastic pipes and pipe fittings declined through to 2014, bouncing back in the following year. The end result was a trade surplus of 614 million USD in 2015.

U.S. Plastic Pipe And Pipe Fitting Exports

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Source: U.S. Plastic Pipe And Pipe Fitting Market. Analysis And Forecast to 2020