Egypt: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Egypt

The Egyptian market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X in 2021, almost unchanged from the previous year. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Egypt

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa declined slightly to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. Over the period under review, production of attained the maximum level at $X in 2020, and then reduced modestly in the following year.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports from Egypt

In 2021, the amount of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Egypt shrank rapidly to X tons, falling by -49.3% against the previous year. In general, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 173% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa reduced remarkably to $X in 2021. Over the period under review, exports recorded a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by 185% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Libya (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Egypt, with a 53% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Libya exceeded the volume sent to the second major destination, Kuwait (X tons), fourfold. Tunisia (X tons) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Libya totaled -29.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+18.5% per year) and Tunisia (+6.5% per year).

In value terms, Libya ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exports from Egypt, comprising 72% of total exports. The second position in the ranking was held by Sudan ($X), with a 3.7% share of total exports. It was followed by the United Arab Emirates, with a 3.1% share.

From 2012 to 2021, the average annual growth rate of value to Libya totaled -10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-1.3% per year) and the United Arab Emirates (+30.8% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, surging by 56% against the previous year. Overall, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 417% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+63.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports into Egypt

In 2021, overseas purchases of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by 2.3% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by 44%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa soared to $X in 2021. Over the period under review, imports, however, showed a deep downturn. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa supplier to Egypt, accounting for a 86% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.4% per year) and Taiwan (Chinese) (-12.3% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Egypt, comprising 75% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 2.1% share of total imports. It was followed by China, with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-12.3% per year) and China (-10.5% per year).

Import Prices by Country

In 2021, the average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, increasing by 70% against the previous year. In general, the import price recorded a perceptible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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