Market movement
In 2024, plastics: tubes, pipes and hoses thereof, rigid, of plastics n.e.c. in heading no. 3917 trade exhibited slight decline, with global flows reaching $2,360,298,776 and a three-year compound annual growth rate of +0.9% (five-year: +1.5%). The all-time peak of $2,475,506,464 was recorded in 2023; the current level is 5% below that high-water mark.
Over the 30-year observation window (1995–2024), 76% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-0.8% acceleration).
The World Trade Flows Characterization classifies plastics: tubes, pipes and hoses thereof, rigid, of plastics n.e.c. in heading no. 3917 as "Two-way vertical trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.
