MENA: 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 MENA

In 2022, the MENA's market for flexible tubes, pipes and hoses of plastics, with fittings decreased by -5.7% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, showed a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2017 when the production volume increased by 14% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

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

Exports in MENA

In 2022, overseas shipments of flexible tubes, pipes and hoses of plastics, with fittings were finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 when exports increased by 82% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 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 markedly to $X in 2022. In general, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 60% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Israel (X tons) represented the largest exporter of flexible tubes, pipes and hoses of plastics, with fittings, committing 50% of total exports. Turkey (X tons) held the second position in the ranking, distantly followed by Oman (X tons) and Jordan (X tons). All these countries together took near 37% share of total exports. The following exporters - Tunisia (X tons), Egypt (X tons) and the United Arab Emirates (X tons) - together made up 9.5% of total exports.

Exports from Israel decreased at an average annual rate of -5.6% from 2012 to 2022. At the same time, Tunisia (+34.7%), Oman (+16.6%) and Jordan (+16.1%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in MENA, with a CAGR of +34.7% from 2012-2022. By contrast, the United Arab Emirates (-11.0%), Turkey (-16.6%) and Egypt (-22.0%) illustrated a downward trend over the same period. While the share of Israel (+27 p.p.), Oman (+11 p.p.), Jordan (+4.3 p.p.) and Tunisia (+3.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Egypt (-7.5 p.p.) and Turkey (-11.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X), Turkey ($X) and Oman ($X) were the countries with the highest levels of exports in 2022, together comprising 85% of total exports. Tunisia, Egypt, the United Arab Emirates and Jordan lagged somewhat behind, together comprising a further 13%.

Among the main exporting countries, Tunisia, with a CAGR of +33.2%, recorded the highest growth rate of 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

The export price in MENA stood at $X per ton in 2022, with a decrease of -9% against the previous year. Overall, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 68%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+12.3%), while the other leaders experienced more modest paces of growth.

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

Imports in MENA

Imports of flexible tubes, pipes and hoses of plastics, with fittings amounted to X tons in 2022, increasing by 14% against the previous year's figure. Over the period under review, imports, however, recorded a slight decrease. The pace of growth was the most pronounced in 2020 with an increase of 35%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings amounted to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 26%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Saudi Arabia represented the main importing country with an import of around X tons, which accounted for 41% of total imports. Israel (X tons) held the second position in the ranking, followed by Turkey (X tons), Egypt (X tons), the United Arab Emirates (X tons) and Syrian Arab Republic (X tons). All these countries together held near 34% share of total imports. Qatar (X tons), Tunisia (X tons), Iran (X tons), Algeria (X tons), Oman (X tons), Kuwait (X tons) and Yemen (X tons) held a little share of total imports.

Imports into Saudi Arabia increased at an average annual rate of +24.6% from 2012 to 2022. At the same time, Syrian Arab Republic (+29.5%), Qatar (+11.8%), Egypt (+9.7%), Oman (+5.6%), Israel (+4.3%) and Kuwait (+1.0%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in MENA, with a CAGR of +29.5% from 2012-2022. Iran, Algeria and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Tunisia (-1.6%), Yemen (-4.2%) and Turkey (-10.2%) illustrated a downward trend over the same period. Saudi Arabia (+37 p.p.), Syrian Arab Republic (+4.4 p.p.), Israel (+4.1 p.p.), Egypt (+4.1 p.p.) and Qatar (+3.2 p.p.) significantly strengthened its position in terms of the total imports, while Turkey saw its share reduced by -12.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest flexible tubes, pipes and hoses of plastics, with fittings importing markets in MENA were Saudi Arabia ($X), Turkey ($X) and the United Arab Emirates ($X), with a combined 57% share of total imports.

Saudi Arabia, with a CAGR of +20.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, with a decrease of -6.5% against the previous year. Import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% 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, with fittings decreased by -36.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 57% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+13.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform