Middle East: 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 the Middle East

In 2022, after two years of growth, there was significant decline in the Middle Eastern market for flexible tubes, pipes and hoses of plastics, with fittings, when its value decreased by -7.5% to $X. Overall, consumption, however, showed a abrupt slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in the Middle East

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings declined to $X in 2022 estimated in export price. In general, production, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 17%. The level of production peaked 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 in the Middle East

In 2022, shipments abroad of flexible tubes, pipes and hoses of plastics, with fittings increased by 25% to X tons for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 73%. The volume of export peaked 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 expanded rapidly to $X in 2022. In general, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 68%. Over the period under review, the exports of hit record highs 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 major exporter of flexible tubes, pipes and hoses of plastics, with fittings, constituting 55% of total exports. Turkey (X tons) took a 23% share (based on physical terms) of total exports, which put it in second place, followed by Oman (12%) and Jordan (5%). The United Arab Emirates (X tons) followed a long way behind the leaders.

Exports from Israel decreased at an average annual rate of -5.6% from 2012 to 2022. At the same time, Oman (+16.6%) and Jordan (+16.1%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +16.6% from 2012-2022. By contrast, the United Arab Emirates (-11.0%) and Turkey (-16.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Israel, Oman and Jordan increased by +29, +12 and +4.7 percentage points, 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 supplying countries in the Middle East were Israel ($X), Turkey ($X) and Oman ($X), with a combined 94% share of total exports.

Oman, with a CAGR of +20.7%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, falling by -15.1% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by 69%. 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 the United Arab Emirates (+10.0%), while the other leaders experienced more modest paces of growth.

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

Imports in the Middle East

Imports of flexible tubes, pipes and hoses of plastics, with fittings amounted to X tons in 2022, growing by 10% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 61%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings dropped modestly to $X in 2022. In general, imports, however, showed a mild contraction. The pace of growth was the most pronounced in 2013 with an increase of 24% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Saudi Arabia represented the major importer of flexible tubes, pipes and hoses of plastics, with fittings in the Middle East, with the volume of imports reaching X tons, which was approx. 47% of total imports in 2022. Israel (X tons) held the second position in the ranking, followed by Turkey (X tons), the United Arab Emirates (X tons), Syrian Arab Republic (X tons) and Qatar (X tons). All these countries together held approx. 38% share of total imports. The following importers - Iran (X tons) and Oman (X tons) - together made up 6.2% 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%), Oman (+5.6%) and Israel (+4.3%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +29.5% from 2012-2022. Iran and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Turkey (-10.2%) illustrated a downward trend over the same period. Saudi Arabia (+43 p.p.), Syrian Arab Republic (+5.1 p.p.), Israel (+5 p.p.) and Qatar (+3.8 p.p.) significantly strengthened its position in terms of the total imports, while Turkey saw its share reduced by -13.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), Turkey ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 69% share of total imports.

Saudi Arabia, with a CAGR of +20.4%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in the Middle East stood at $X per ton in 2022, waning by -10.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 77%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat 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 the United Arab Emirates (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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