Market movement
In 2024, plastics: tubes, pipes and hoses thereof, rigid, of polymers of vinyl chloride trade exhibited significant decline, with global flows reaching $1,841,574,445 and a three-year compound annual growth rate of -0.9% (five-year: +4.9%). The all-time peak of $2,121,200,441 was recorded in 2022; the current level is 13% below that high-water mark.
Over the 30-year observation window (1995–2024), 72% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-3.1% acceleration).
The World Trade Flows Characterization classifies plastics: tubes, pipes and hoses thereof, rigid, of polymers of vinyl chloride as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
