Saudi Arabia - Plastic Fittings For Tubes, Pipes and Hoses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia - 2022
Contents:
- Price for Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia (CIF) - 2022
- Price for Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia (FOB) - 2022
- Imports of Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia
- Exports of Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia
Price for Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia (CIF) - 2022
In 2022, the average import price for plastic fittings for tubes, pipes and hoses amounted to $4,554 per ton, which is down by -3.1% against the previous year. Overall, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 8.8% against the previous year. The import price peaked at $5,449 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,644 per ton), while the price for Moldova ($2,142 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 States (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia (FOB) - 2022
In 2022, the average export price for plastic fittings for tubes, pipes and hoses amounted to $2,762 per ton, falling by -10.8% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plastic fittings for tubes, pipes and hoses increased by +14.1% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 40% against the previous year. Over the period under review, the average export prices reached the maximum at $3,126 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($4,429 per ton), while the average price for exports to Egypt ($1,739 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 Jordan (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia
After three years of growth, supplies from abroad of plastic fittings for tubes, pipes and hoses decreased by -8.4% to 27K tons in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 109% against the previous year.
In value terms, imports of plastic fittings for tubes, pipes and hoses fell to $123M in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 86%.
Import of Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.9 | 17.4 | 24.0 | 23.2 | 37.6% |
Germany | 8.2 | 18.6 | 19.6 | 19.0 | 32.3% |
United States | 8.9 | 11.7 | 15.2 | 14.8 | 18.5% |
Italy | 8.8 | 9.9 | 15.2 | 14.7 | 18.7% |
United Arab Emirates | 2.3 | 6.7 | 9.6 | 9.3 | 59.3% |
India | 1.5 | 3.2 | 6.1 | 5.9 | 57.9% |
Thailand | 0.5 | 1.3 | 5.2 | 5.0 | 115.4% |
Bahrain | 2.1 | 5.1 | 4.6 | 4.4 | 28.0% |
Spain | 1.5 | 7.1 | 4.2 | 4.1 | 39.8% |
Turkey | 4.5 | 6.6 | 0.3 | 3.6 | -7.2% |
Moldova | 2.0 | 2.7 | 1.9 | 2.1 | 1.6% |
Egypt | 0.7 | 1.5 | 1.7 | 1.7 | 34.4% |
Japan | N/A | 1.5 | 11.0 | N/A | 633.3% |
Others | 8.0 | 14.2 | 20.4 | 15.6 | 24.9% |
Total | 58.0 | 108 | 139 | 123 | 28.5% |
Top Suppliers of Plastic Fittings for Tubes, Pipes and Hoses to Saudi Arabia in 2022:
- China (9.2K tons)
- Germany (2.9K tons)
- United Arab Emirates (2.3K tons)
- Italy (2.2K tons)
- Bahrain (1.7K tons)
- India (1.2K tons)
- Thailand (1.2K tons)
- United States (1.1K tons)
- Turkey (1.0K tons)
- Moldova (1.0K tons)
- Egypt (0.7K tons)
- Spain (0.7K tons)
Exports of Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia
Exports of plastic fittings for tubes, pipes and hoses from Saudi Arabia expanded remarkably to 5.5K tons in 2022, increasing by 6.4% on 2021 figures. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. As a result, the exports reached the peak of 6K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of plastic fittings for tubes, pipes and hoses dropped to $15M in 2022. The total export value increased at an average annual rate of +10.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year.
Export of Plastic Fittings for Tubes, Pipes and Hoses in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Yemen | 8.4 | 7.7 | 8.3 | 7.5 | -3.7% |
Jordan | 0.3 | 0.4 | 2.8 | 2.6 | 105.4% |
Kuwait | 0.6 | 0.8 | 1.6 | 1.5 | 35.7% |
Egypt | 0.1 | 3.4 | 0.4 | 1.2 | 128.9% |
United Arab Emirates | 0.6 | 0.5 | 0.9 | 0.8 | 10.1% |
Bahrain | 0.5 | 0.9 | 0.6 | 0.6 | 6.3% |
Others | 0.9 | 0.8 | 1.5 | 1.1 | 6.9% |
Total | 11.3 | 14.4 | 16.1 | 15.2 | 10.4% |
Top Export Markets for Plastic Fittings for Tubes, Pipes and Hoses from Saudi Arabia in 2022:
- Yemen (3099.6 tons)
- Egypt (665.3 tons)
- Jordan (577.4 tons)
- Kuwait (480.0 tons)
- United Arab Emirates (238.2 tons)
- Bahrain (200.8 tons)
This report provides an in-depth analysis of the market for plastic fittings for tubes, pipes and hoses in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22212970 - Fittings, e.g. joints, elbows, flanges, of plastics, for tubes, p ipes and hoses
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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