GCC: Market for Other Plastic Tubes, Pipes and Hoses 2025

Market Size for Other Plastic Tubes, Pipes and Hoses in GCC

The GCC market for other plastic tubes, pipes and hoses stood at $X in 2022, growing by 3.6% against the previous year. Over the period under review, consumption posted strong growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Other Plastic Tubes, Pipes and Hoses in GCC

In value terms, production of other plastic tubes, pipes and hoses amounted to $X in 2022 estimated in export price. In general, production continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 50% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports in GCC

In 2022, overseas shipments of other plastic tubes, pipes and hoses increased by 1.9% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, showed a slight decline. The growth pace was the most rapid in 2018 with an increase of 82%. Over the period under review, the exports of reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of other plastic tubes, pipes and hoses declined to $X in 2022. Total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.9% against 2017 indices. The growth pace was the most rapid in 2018 when exports increased by 32% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the key exporter of other plastic tubes, pipes and hoses in GCC, with the volume of exports recording X tons, which was near 72% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), mixing up a 22% share of total exports. The following exporters - Oman (X tons), Bahrain (X tons) and Kuwait (X tons) - each finished at a 6.2% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the other plastic tubes, pipes and hoses exports, with a CAGR of +11.7% from 2012 to 2022. Oman experienced a relatively flat trend pattern. Bahrain (-8.0%), Kuwait (-10.3%) and Saudi Arabia (-12.3%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+52 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bahrain (-2.1 p.p.), Kuwait (-2.4 p.p.) and Saudi Arabia (-47.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest other plastic tubes, pipes and hoses supplier in GCC, comprising 79% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 15% share of total exports. It was followed by Bahrain, with a 2.3% share.

In the United Arab Emirates, exports of other plastic tubes, pipes and hoses increased at an average annual rate of +12.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (-11.1% per year) and Bahrain (-3.8% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, reducing by -14.7% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 an increase of 77%. The level of export peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+4.5%), while the other leaders experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports in GCC

In 2022, imports of other plastic tubes, pipes and hoses in GCC was estimated at X tons, growing by 14% compared with 2021. The total import volume increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 33% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of other plastic tubes, pipes and hoses rose to $X in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by 31%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) dominates hoses structure, together generating 80% of total imports. Oman (X tons) took a 7.8% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (5.2%). Qatar (X tons) and Bahrain (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +10.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported other plastic tubes, pipes and hoses in GCC, comprising 51% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 25% share of total imports. It was followed by Oman, with a 10% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled +6.4%. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (-1.7% per year) and Oman (+15.9% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, dropping by -8.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 20% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform