Jordan: 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 Jordan

The Jordanian market for flexible tubes, pipes and hoses of plastics, without fittings expanded sharply to $X in 2022, picking up by 9.1% against the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% 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 -9.6% against 2020 indices. As a result, consumption reached 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, without Fittings in Jordan

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings rose significantly to $X in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value 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, production decreased by -9.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 58%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

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

Exports from Jordan

In 2022, after two years of decline, there was significant growth in shipments abroad of flexible tubes, pipes and hoses of plastics, without fittings, when their volume increased by 577% to X tons. Overall, exports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of 9,754%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings skyrocketed to $X in 2022. In general, exports showed a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 7,829% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Algeria (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, without fittings from Jordan, with a 56% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, without fittings to Algeria exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold. Morocco (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria stood at -26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-20.1% per year) and Morocco (0.0% per year).

In value terms, Algeria ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, without fittings exports from Jordan, comprising 58% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 13% share of total exports. It was followed by Morocco, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Algeria stood at +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+2.1% per year) and Morocco (0.0% per year).

Export Prices by Country

In 2022, the average export price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, increasing by 18% against the previous year. Over the period under review, the export price posted a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 135% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Qatar ($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 Algeria (+78.4%), 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 Jordan

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, without fittings was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2015 with an increase of 119%. Over the period under review, imports of reached the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings skyrocketed to $X in 2022. Overall, imports, however, saw a slight curtailment. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Sweden (X tons) and Ukraine (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, without fittings to Jordan, with a combined 63% share of total imports. Saudi Arabia, Italy, the Czech Republic, Spain, Serbia, the United States, China, Bulgaria and Mexico lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +65.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, without fittings suppliers to Jordan were Germany ($X), Sweden ($X) and Ukraine ($X), together accounting for 63% of total imports. Saudi Arabia, Italy, the Czech Republic, Spain, Serbia, the United States, China, Bulgaria and Mexico lagged somewhat behind, together accounting for a further 33%.

Among the main suppliers, the United States, with a CAGR of +44.1%, recorded the highest growth rate of 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, without fittings amounted to $X per ton, remaining stable against the previous year. In general, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 48% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Ukraine ($X per ton), while the price for Bulgaria ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform