Egypt: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Egypt

The Egyptian market for flexible tubes, pipes and hoses of plastics, without fittings expanded rapidly to $X in 2022, with an increase of 8.5% against the previous year. In general, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 -7.5% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Egypt

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings rose sharply to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 48%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports from Egypt

In 2022, shipments abroad of flexible tubes, pipes and hoses of plastics, without fittings was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2019 with an increase of 96% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings soared to $X in 2022. In general, exports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of 165% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Morocco (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, without fittings from Egypt, with a 73% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, without fittings to Morocco exceeded the volume sent to the second major destination, Libya (X tons), threefold. The third position in this ranking was held by India (X tons), with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume to Morocco amounted to +43.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (-24.2% per year) and India (-1.1% per year).

In value terms, Morocco ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, without fittings exports from Egypt, comprising 55% of total exports. The second position in the ranking was taken by Libya ($X), with a 21% share of total exports. It was followed by India, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value to Morocco stood at +27.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (-23.0% per year) and India (-6.7% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, without fittings stood at $X per ton in 2022, growing by 14% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 151% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+417.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports into Egypt

In 2022, supplies from abroad of flexible tubes, pipes and hoses of plastics, without fittings decreased by -19.6% to X tons, falling for the third year in a row after two years of growth. Overall, imports recorded a perceptible setback. The growth pace was the most rapid in 2014 when imports increased by 231%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings declined remarkably to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 405%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

China (X tons), Poland (X tons) and the United States (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, without fittings to Egypt, together accounting for 49% of total imports. Italy, Germany, Belarus, Spain, France, Bulgaria, Turkey, Belgium, Russia and the Czech Republic lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +196.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and the United States ($X) were the largest flexible tubes, pipes and hoses of plastics, without fittings suppliers to Egypt, together comprising 49% of total imports. Italy, Germany, Belarus, Spain, France, Bulgaria, Turkey, Belgium, Russia and the Czech Republic lagged somewhat behind, together comprising a further 39%.

In terms of the main suppliers, Bulgaria, with a CAGR of +152.0%, recorded 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

The average import price for flexible tubes, pipes and hoses of plastics, without fittings stood at $X per ton in 2022, stabilizing at the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.0% 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, without fittings increased by +157.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 113% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bulgaria ($X per ton) and Poland ($X per ton), while the price for Russia ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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