Bahrain: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2025

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Bahrain

The Bahraini market for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X in 2022, surging by 1.7% against the previous year. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -14.0% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Bahrain

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by 29% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports from Bahrain

In 2022, after two years of growth, there was significant decline in shipments abroad of flexible tubes, pipes and hoses of plastics, with fittings, when their volume decreased by -65.4% to X tons. Overall, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 2,900% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings declined significantly to $X in 2022. Over the period under review, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 2,929%. The exports peaked at $X in 2012; afterwards, it flattened through to 2022.

Exports by Country

Saudi Arabia (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with fittings from Bahrain, with a approx. 97% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at -50.1%.

In value terms, Saudi Arabia ($X) also remains the key foreign market for flexible tubes, pipes and hoses of plastics, with fittings exports from Bahrain.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia amounted to -49.5%.

Export Prices by Country

In 2022, the average export price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, shrinking by -30.6% against the previous year. In general, the export price, however, recorded a perceptible increase. The pace of growth was the most pronounced in 2019 an increase of 159% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +21.2% per year.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports into Bahrain

Imports of flexible tubes, pipes and hoses of plastics, with fittings into Bahrain declined rapidly to X tons in 2022, reducing by -21% compared with 2021 figures. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 129% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings declined to $X in 2022. In general, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Saudi Arabia (X tons) and the UK (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to Bahrain, with a combined 70% share of total imports. Italy, Belgium, Greece, Taiwan (Chinese), South Korea, France, the United States, Germany, India and the United Arab Emirates lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +72.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and France ($X) appeared to be the largest flexible tubes, pipes and hoses of plastics, with fittings suppliers to Bahrain, with a combined 45% share of total imports. Germany, the UK, Saudi Arabia, Italy, Greece, South Korea, Taiwan (Chinese), Belgium, the United Arab Emirates and India lagged somewhat behind, together accounting for a further 45%.

In terms of the main suppliers, Greece, with a CAGR of +82.6%, saw the highest rates of growth with regard to 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 2022, the average import price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, picking up by 15% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flexible tubes, pipes and hoses of plastics, with fittings increased by +2.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 31% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform