Jordan: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

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

After two years of growth, the Jordanian market for flexible tubes, pipes and hoses of plastics, with fittings decreased by -1% to $X in 2022. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 37% against the previous year. Over the period under review, production of attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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

Exports from Jordan

Exports of flexible tubes, pipes and hoses of plastics, with fittings from Jordan skyrocketed to X tons in 2022, growing by 52% compared with the previous year's figure. In general, exports posted prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by 3,119% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings rose remarkably to $X in 2022. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 1,678%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Qatar (X tons), Chile (X tons) and Australia (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with fittings from Jordan, with a combined 99.9% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +92.7%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Qatar ($X) and Australia ($X) were the largest markets for flexible tubes, pipes and hoses of plastics, with fittings exported from Jordan worldwide, together accounting for 99.9% of total exports.

Among the main countries of destination, Qatar, with a CAGR of +93.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, dropping by -25.6% against the previous year. Over the period under review, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 75% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Qatar ($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 Saudi Arabia (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Jordan

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings decreased by -6.7% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 437% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings dropped sharply to $X in 2022. Over the period under review, imports, however, saw noticeable growth. The pace of growth was the most pronounced in 2016 with an increase of 347% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to Jordan, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +61.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Jordan, comprising 46% of total imports. The second position in the ranking was held by India ($X), with an 18% share of total imports. It was followed by the United States, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+26.7% per year) and the United States (-5.9% per year).

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, falling by -19.1% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of 29%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform