Market movement
In 2024, plastics: tubes, pipes and hoses thereof, other than those of item no. 3917.31, not reinforced or otherwise combined with other materials, without fittings trade exhibited modest growth, with global flows reaching $5,813,467,261 and a three-year compound annual growth rate of +2.3% (five-year: +5.5%). The all-time peak of $5,813,467,261 was recorded in 2024.
Over the 30-year observation window (1995–2024), 83% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-1.9% acceleration).
The World Trade Flows Characterization classifies plastics: tubes, pipes and hoses thereof, other than those of item no. 3917.31, not reinforced or otherwise combined with other materials, without fittings as "Two-way vertical trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
