Overview of the Market for Plastics Pipe And Pipe Fitting in the USA

After two years of growth, the U.S. market for plastics pipes and pipe fittings decreased by -% to $ in 2019. In general, the total consumption indicated a temperate expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2012 with an increase of % year-to-year. Plastics pipe and pipe fitting consumption peaked at $ in 2018, and then dropped modestly in the following year.

In value terms, plastics pipe and pipe fitting production shrank modestly to $ in 2019. Over the period under review, the total production indicated a pronounced expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2016 indices. The pace of growth was the most pronounced in 2011 when the production volume increased by % y-o-y. Over the period under review, production reached the maximum level at $ in 2018, and then dropped modestly in the following year.

After two years of growth, consumption of plastics pipes and pipe fittings decreased by -% to tonnes in 2019. Over the period under review, the total consumption indicated a modest increase from 2007 to 2019: its volume increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of % y-o-y. Plastics pipe and pipe fitting consumption peaked at tonnes in 2018, and then reduced in the following year.

The value of the market for plastics pipes and pipe fittings in the U.S. shrank slightly to $ in 2019, with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a noticeable increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2016 indices. The growth pace was the most rapid in 2012 when the market value increased by % against the previous year. Plastics pipe and pipe fitting consumption peaked at $ in 2018, and then dropped slightly in the following year.

Driven by increasing demand for plastics pipe and pipe fitting in the U.S., the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from 2019 to , which is projected to bring the market volume to tonnes by the end of .

Over the period under review, the share of imports in terms of total plastics pipe and pipe fitting consumption in the U.S. was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the the U.S. plastics pipe and pipe fitting market is largely supplied by domestic manufacturers.

Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.