Latin America and the Caribbean: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Latin America and the Caribbean

The Latin American market for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa expanded modestly to $X in 2023, increasing by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Latin America and the Caribbean

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa totaled $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2021; afterwards, it flattened through to 2023.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports in Latin America and the Caribbean

In 2023, the amount of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa exported in Latin America and the Caribbean soared to X tons, increasing by X% against the year before. In general, exports continue to indicate a temperate increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports of reached the peak figure at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa surged to $X in 2023. Over the period under review, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

Mexico prevails in MPa structure, accounting for X tons, which was approx. X% of total exports in 2023. Trinidad and Tobago (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Dominican Republic (X%), Brazil (X%) and Colombia (X%). Peru (X tons) held a little share of total exports.

Mexico was also the fastest-growing in terms of the flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa exports, with a CAGR of X% from 2012 to 2023. At the same time, Trinidad and Tobago (X%) displayed positive paces of growth. Colombia experienced a relatively flat trend pattern. By contrast, Peru (X%), the Dominican Republic (X%) and Brazil (X%) illustrated a downward trend over the same period. While the share of Mexico (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Colombia (X p.p.), Peru (X p.p.), the Dominican Republic (X p.p.) and Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Trinidad and Tobago, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Mexico amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Trinidad and Tobago (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2023, falling by X% against the previous year. In general, the export price, however, posted perceptible growth. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

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

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports in Latin America and the Caribbean

In 2023, purchases abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. The total import 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 growth pace was the most rapid in 2022 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa fell to $X in 2023. The total import value 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 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2023, the Dominican Republic (X tons), Panama (X tons), Peru (X tons), Brazil (X tons), Colombia (X tons), Chile (X tons), Mexico (X tons), Honduras (X tons), Barbados (X tons), Belize (X tons), Suriname (X tons) and Ecuador (X tons) represented the largest importer of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa in Latin America and the Caribbean, generating X% of total import.

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

In value terms, Brazil ($X) constitutes the largest market for imported flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with an X% share of total imports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Brazil stood at X%. In the other countries, the average annual rates were as follows: Mexico (X% per year) and the Dominican Republic (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform