ECOWAS: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in ECOWAS

The ECOWAS market for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa expanded to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a resilient expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in ECOWAS

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa rose modestly to $X in 2022 estimated in export price. In general, production saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports in ECOWAS

In 2022, after two years of growth, there was significant decline in overseas shipments of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa, when their volume decreased by X% to X tons. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa declined remarkably to $X in 2022. Overall, exports, however, showed a mild increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Togo prevails in MPa structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Ghana (X tons), comprising a X% share of total exports.

Togo was also the fastest-growing in terms of the flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa exports, with a CAGR of X% from 2012 to 2022. Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Togo increased by X percentage points.

In value terms, Togo ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Togo stood at X%.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Togo ($X per ton), while Ghana totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (X%).

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports in ECOWAS

In 2022, approx. X tons of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa were imported in ECOWAS; waning by X% on the previous year's figure. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa soared to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ghana (X tons), distantly followed by Nigeria (X tons), Senegal (X tons), Guinea (X tons) and Mali (X tons) represented the main importers of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa, together making up X% of total imports. The following importers - Niger (X tons), Togo (X tons), Cabo Verde (X tons), Guinea-Bissau (X tons), Sierra Leone (X tons), Cote d'Ivoire (X tons) and Burkina Faso (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa importing markets in ECOWAS were Senegal ($X), Ghana ($X) and Nigeria ($X), with a combined X% share of total imports.

Among the main importing countries, Senegal, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price showed a strong increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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