Saudi Arabia: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2025

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in Saudi Arabia

In 2021, the Saudi rubber tube and pipe market decreased by -5.1% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a relatively flat trend pattern. Rubber tube and pipe consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports from Saudi Arabia

In 2021, overseas shipments of tubes, pipes and hoses of vulcanized rubber were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of 109%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, rubber tube and pipe exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2014 with an increase of 425%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X tons), Jordan (X tons) and Bangladesh (X tons) were the main destinations of rubber tube and pipe exports from Saudi Arabia, together accounting for 85% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of +11.1%), while the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X), Bahrain ($X) and the United Arab Emirates ($X) appeared to be the largest markets for rubber tube and pipe exported from Saudi Arabia worldwide, together accounting for 62% of total exports.

Jordan, with a CAGR of +30.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rubber tube and pipe export price stood at $X per ton in 2021, rising by 3.5% against the previous year. Over the period under review, the export price saw a strong expansion. The pace of growth was the most pronounced in 2014 an increase of 154% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports into Saudi Arabia

In 2021, supplies from abroad of tubes, pipes and hoses of vulcanized rubber decreased by -2% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 71% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, rubber tube and pipe imports dropped to $X in 2021. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 60% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of rubber tube and pipe to Saudi Arabia, accounting for a 38% share of total imports. Moreover, rubber tube and pipe imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+31.2% per year) and Italy (-4.6% per year).

In value terms, the largest rubber tube and pipe suppliers to Saudi Arabia were China ($X), the United States ($X) and the UK ($X), together comprising 40% of total imports. Italy, Spain, Japan, Germany and South Korea lagged somewhat behind, together accounting for a further 34%.

Spain, with a CAGR of +28.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average rubber tube and pipe import price amounted to $X per ton, shrinking by -3.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 23%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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