United Arab Emirates: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in the United Arab Emirates

After two years of growth, the market for rigid tubes, pipes and hoses, of other polymers in the United Arab Emirates decreased by -29.8% to $X in 2022. In general, consumption, however, continues to indicate tangible growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in the United Arab Emirates

In value terms, production of rigid tubes, pipes and hoses, of other polymers contracted modestly to $X in 2022 estimated in export price. Overall, production enjoyed a remarkable increase. The growth pace was the most rapid in 2018 when the production volume increased by 347% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from the United Arab Emirates

In 2022, after three years of decline, there was significant growth in overseas shipments of rigid tubes, pipes and hoses, of other polymers, when their volume increased by 51% to X tons. In general, exports posted resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 257% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers soared to $X in 2022. Overall, exports enjoyed a resilient increase. The growth pace was the most rapid in 2018 when exports increased by 569% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Egypt (X tons) and Canada (X tons) were the main destinations of exports of rigid tubes, pipes and hoses, of other polymers from the United Arab Emirates, with a combined 64% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +304.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Canada ($X) and Egypt ($X) appeared to be the largest markets for rigid tubes, pipes and hoses, of other polymers exported from the United Arab Emirates worldwide, with a combined 58% share of total exports.

Among the main countries of destination, Canada, with a CAGR of +262.2%, saw the highest rates of growth with regard to 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 average export price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, waning by -23.7% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 87%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Tanzania ($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 Ethiopia (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into the United Arab Emirates

In 2022, overseas purchases of rigid tubes, pipes and hoses, of other polymers decreased by -19.2% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a slight expansion from 2012 to 2022: its volume 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, imports increased by +40.4% against 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 49%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers declined slightly to $X in 2022. Overall, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 47% against the previous year. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and India (X tons) were the main suppliers of imports of rigid tubes, pipes and hoses, of other polymers to the United Arab Emirates, together comprising 76% of total imports. Austria, Italy, Egypt and Jordan lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +98.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Italy ($X) appeared to be the largest rigid tubes, pipes and hoses, of other polymers suppliers to the United Arab Emirates, together comprising 60% of total imports. India, Austria, Egypt and Jordan lagged somewhat behind, together accounting for a further 11%.

Egypt, with a CAGR of +81.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, with an increase of 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 an increase of 43% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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