South-Eastern Asia: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in South-Eastern Asia

The Southeast Asian market for other plastic tubes, pipes and hoses fell modestly to $X in 2023, almost unchanged from the previous year. In general, consumption saw a slight descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Other Plastic Tubes, Pipes and Hoses in South-Eastern Asia

In value terms, production of other plastic tubes, pipes and hoses stood at $X in 2023 estimated in export price. Over the period under review, production, however, recorded a noticeable decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports in South-Eastern Asia

Exports of other plastic tubes, pipes and hoses rose significantly to X tons in 2023, increasing by X% on 2022 figures. Total exports indicated a remarkable increase from 2012 to 2023: its volume 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, exports decreased by X% against 2021 indices. 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 maximum at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of other plastic tubes, pipes and hoses expanded remarkably to $X in 2023. Total exports indicated strong growth 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, exports increased by X% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

Vietnam (X tons) and Malaysia (X tons) represented roughly X% of total exports in 2023. Thailand (X tons) held the next position in the ranking, followed by Singapore (X tons). All these countries together took approx. X% share of total exports. Indonesia (X tons) held a little share of total exports.

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

In value terms, the largest other plastic tubes, pipes and hoses supplying countries in South-Eastern Asia were Vietnam ($X), Singapore ($X) and Malaysia ($X), together accounting for X% of total exports.

Vietnam, with a CAGR of X%, saw 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 leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

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 Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Imports of Other Plastic Tubes, Pipes and Hoses

Imports in South-Eastern Asia

In 2023, overseas purchases of other plastic tubes, pipes and hoses decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Total imports indicated a prominent expansion 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. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2022, and then fell in the following year.

In value terms, imports of other plastic tubes, pipes and hoses declined notably to $X in 2023. Total imports indicated a notable 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. The growth pace was the most rapid in 2013 when imports increased by X%. The level of import peaked at $X in 2022, and then reduced dramatically in the following year.

Imports by Country

In 2023, Indonesia (X tons), Thailand (X tons) and Vietnam (X tons) represented the main importer of other plastic tubes, pipes and hoses in South-Eastern Asia, making up X% of total import. It was distantly followed by Malaysia (X tons), the Philippines (X tons) and Singapore (X tons), together comprising a X% share of total imports. Myanmar (X tons) followed a long way behind the leaders.

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

In value terms, Thailand ($X), Indonesia ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Malaysia, Singapore, the Philippines and Myanmar lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Malaysia, with a CAGR of X%, recorded the highest growth rate of 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 South-Eastern Asia amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 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 Singapore ($X per ton), while Myanmar ($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.

Source: IndexBox Platform