Egypt: Market for Rigid Tubes, Pipes and Hoses of Polymers of Propylene 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Egypt

The Egyptian propylene polymer rigid pipes market stood at $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Propylene in Egypt

In value terms, propylene polymer rigid pipes production expanded slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports from Egypt

In 2022, overseas shipments of rigid tubes, pipes and hoses of polymers of propylene were finally on the rise to reach X tons after two years of decline. Overall, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, propylene polymer rigid pipes exports skyrocketed to $X in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Iraq (X tons), Saudi Arabia (X tons) and Turkey (X tons) were the main destinations of propylene polymer rigid pipes exports from Egypt, with a combined X% share of total exports. Yemen, Libya, Bahrain, Croatia and Algeria lagged somewhat behind, together accounting for a further X%.

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

In value terms, Iraq ($X), Saudi Arabia ($X) and Turkey ($X) were the largest markets for propylene polymer rigid pipes exported from Egypt worldwide, with a combined X% share of total exports. Yemen, Libya, Bahrain, Croatia and Algeria lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Croatia, with a CAGR of X%, saw the highest growth rate of 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 propylene polymer rigid pipes export price stood at $X per ton in 2022, growing by X% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propylene polymer rigid pipes export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Iraq ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Croatia ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Egypt

In 2022, the amount of rigid tubes, pipes and hoses of polymers of propylene imported into Egypt declined dramatically to X tons, dropping by X% against 2021 figures. Over the period under review, imports saw a mild descent. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, propylene polymer rigid pipes imports fell to $X in 2022. Overall, imports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest propylene polymer rigid pipes supplier to Egypt, with a X% share of total imports. Moreover, propylene polymer rigid pipes imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Saudi Arabia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Saudi Arabia (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of propylene to Egypt, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The average propylene polymer rigid pipes import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propylene polymer rigid pipes import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Saudi Arabia ($X per ton) and the United Arab Emirates ($X per ton), while the price for China ($X per ton) and Turkey ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform