United Arab Emirates: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in the United Arab Emirates

The ethylene polymer rigid pipes market in the United Arab Emirates was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in the United Arab Emirates

In value terms, ethylene polymer rigid pipes production expanded notably to $X in 2021 estimated in export price. Overall, the total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.3% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 106% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from the United Arab Emirates

Ethylene polymer rigid pipes exports from the United Arab Emirates surged to X tons in 2021, picking up by 15% on the previous year. Over the period under review, exports posted prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of 140% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, ethylene polymer rigid pipes exports skyrocketed to $X in 2021. In general, exports saw prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by 180%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Saudi Arabia (X tons) and Egypt (X tons) were the main destinations of ethylene polymer rigid pipes exports from the United Arab Emirates, together accounting for 77% of total exports. These countries were followed by Oman, Canada, Ethiopia, Rwanda, Australia and Tanzania, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +248.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of ethylene exports from the United Arab Emirates, comprising 41% of total exports. The second position in the ranking was taken by Egypt ($X), with a 20% share of total exports. It was followed by Saudi Arabia, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +213.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+15.5% per year) and Saudi Arabia (+36.7% per year).

Export Prices by Country

In 2021, the average ethylene polymer rigid pipes export price amounted to $X per ton, surging by 30% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Tanzania ($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 Ethiopia (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into the United Arab Emirates

In 2021, ethylene polymer rigid pipes imports into the United Arab Emirates contracted sharply to X tons, dropping by -22.4% on the year before. In general, imports, however, saw strong growth. The growth pace was the most rapid in 2015 when imports increased by 150% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, ethylene polymer rigid pipes imports shrank markedly to $X in 2021. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 94% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Oman (X tons) constituted the largest ethylene polymer rigid pipes supplier to the United Arab Emirates, accounting for a 46% share of total imports. Moreover, ethylene polymer rigid pipes imports from Oman exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Saudi Arabia (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Oman amounted to +56.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+17.9% per year) and Saudi Arabia (-7.0% per year).

In value terms, Oman ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of ethylene to the United Arab Emirates, comprising 31% of total imports. The second position in the ranking was taken by Turkey ($X), with a 9.1% share of total imports. It was followed by Italy, with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Oman stood at +51.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.9% per year) and Italy (-2.6% per year).

Import Prices by Country

The average ethylene polymer rigid pipes import price stood at $X per ton in 2021, declining by -13.3% against the previous year. Overall, the import price showed a pronounced decrease. The growth pace was the most rapid in 2018 when the average import price increased by 106%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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