China: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in China

The Chinese market for rigid tubes, pipes and hoses, of other polymers dropped to $X in 2023, falling 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 attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in China

In value terms, production of rigid tubes, pipes and hoses, of other polymers dropped slightly to $X in 2023 estimated in export price. In general, the total production indicated a measured increase 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2023, production of growth remained at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from China

In 2023, approx. X tons of rigid tubes, pipes and hoses, of other polymers were exported from China; increasing by X% against 2022 figures. Overall, total exports indicated buoyant growth from 2012 to 2023: its volume 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers rose notably to $X in 2023. In general, exports recorded a strong increase. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports of attained the peak figure in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons), Iraq (X tons) and the United States (X tons) were the main destinations of exports of rigid tubes, pipes and hoses, of other polymers from China, with a combined X% share of total exports. Mexico, Uzbekistan, Australia, Indonesia, Vietnam, Hong Kong SAR, Japan, the Philippines, Spain and Thailand lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for rigid tubes, pipes and hoses, of other polymers exports from China, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Iraq, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Iraq (X% per year).

Export Prices by Country

In 2023, the average export price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into China

Imports of rigid tubes, pipes and hoses, of other polymers into China rose to X tons in 2023, growing by X% compared with 2022. In general, total imports indicated measured growth from 2012 to 2023: its volume 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, imports increased by X% against 2021 indices. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports of reached the maximum at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers skyrocketed to $X in 2023. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2023 and are expected to retain growth in the near future.

Imports by Country

Austria (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of imports of rigid tubes, pipes and hoses, of other polymers to China, together comprising X% of total imports. Malaysia, Taiwan (Chinese), the United States, Japan, the Netherlands, the Czech Republic, the United Arab Emirates, South Korea, Italy and Singapore lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and the United States ($X) appeared to be the largest rigid tubes, pipes and hoses, of other polymers suppliers to China, together comprising X% of total imports. The UK, Malaysia, South Korea, Japan, the Netherlands, Italy, Taiwan (Chinese), the Czech Republic, the United Arab Emirates and Singapore lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a resilient 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. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for the United Arab Emirates ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform