United Arab Emirates: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in the United Arab Emirates

In 2021, the market for plastic hoses and hose fittings in the United Arab Emirates decreased by -10.2% to $X, falling for the second year in a row after two years of growth. Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -27.2% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Plastic Hoses and Hose Fittings in the United Arab Emirates

In value terms, plastic hose and hose fitting production expanded to $X in 2021 estimated in export price. In general, production recorded a prominent increase. The growth pace was the most rapid in 2016 with an increase of 181%. Plastic hose and hose fitting production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports from the United Arab Emirates

In 2021, shipments abroad of plastic hoses and hose fittings was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total exports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting exports surged to $X in 2021. In general, exports recorded a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons), Benin (X tons) and Saudi Arabia (X tons) were the main destinations of plastic hose and hose fitting exports from the United Arab Emirates, with a combined 40% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Benin (with a CAGR of +293.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for plastic hoses and hose fittings exports from the United Arab Emirates, comprising 26% of total exports. The second position in the ranking was held by Oman ($X), with a 7.2% share of total exports. It was followed by India, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +170.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-3.7% per year) and India (+20.8% per year).

Export Prices by Country

In 2021, the average export price for plastic hoses and hose fittings amounted to $X per ton, waning by -2.1% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, plastic hose and hose fitting export price decreased by -2.4% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of 27%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Benin ($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 the UK (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports into the United Arab Emirates

In 2021, approx. X tons of plastic hoses and hose fittings were imported into the United Arab Emirates; approximately mirroring the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 28%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic hose and hose fitting imports surged to $X in 2021. The total import value increased at an average annual rate of +5.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of plastic hose and hose fitting to the United Arab Emirates, accounting for a 38% share of total imports. Moreover, plastic hose and hose fitting imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. The third position in this ranking was held by India (X tons), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-8.9% per year) and India (-0.3% per year).

In value terms, China ($X) constituted the largest supplier of plastic hoses and hose fittings to the United Arab Emirates, comprising 25% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.4% share of total imports. It was followed by Brazil, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.1% per year) and Brazil (+115.3% per year).

Import Prices by Country

In 2021, the average import price for plastic hoses and hose fittings amounted to $X per ton, surging by 44% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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