MENA: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in MENA

The MENA's non-reinforced rubber tubing market expanded remarkably to $X in 2023, increasing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.

Non-Reinforced Rubber Tubing Production in MENA

In value terms, non-reinforced rubber tubing production soared to $X in 2023 estimated in export price. Overall, production continues to indicate moderate growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Non-Reinforced Rubber Tubing Exports

Exports in MENA

In 2023, approx. X tons of rubber tubing not reinforced were exported in MENA; flattening at the previous year. Total exports indicated a prominent expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, non-reinforced rubber tubing exports expanded rapidly to $X in 2023. Total exports indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

Turkey was the largest exporting country with an export of around X tons, which accounted for X% of total exports. The United Arab Emirates (X tons) held the second position in the ranking, distantly followed by Egypt (X tons). All these countries together took near X% share of total exports. Iran (X tons) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Egypt (X%) and Iran (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Egypt (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest non-reinforced rubber tubing supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Non-Reinforced Rubber Tubing Imports

Imports in MENA

In 2023, the amount of rubber tubing not reinforced imported in MENA declined modestly to X tons, stabilizing at 2022 figures. Over the period under review, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, non-reinforced rubber tubing imports fell modestly to $X in 2023. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the key importer of rubber tubing not reinforced in MENA, with the volume of imports reaching X tons, which was near X% of total imports in 2023. It was distantly followed by Morocco (X tons), Iraq (X tons), Oman (X tons), Turkey (X tons), Kuwait (X tons), Egypt (X tons) and Israel (X tons), together mixing up a X% share of total imports. The following importers - Iran (X tons), Qatar (X tons), Tunisia (X tons), Jordan (X tons) and Algeria (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to non-reinforced rubber tubing imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%), Jordan (X%), Morocco (X%), Oman (X%), Algeria (X%), Qatar (X%), Turkey (X%), Iraq (X%) and Israel (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Tunisia (X%), Egypt (X%) and Iran (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates, Morocco, Oman, Turkey, Iraq, Kuwait, Jordan, Qatar and Israel increased by X, X, X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Morocco ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Egypt, Israel, Kuwait, Iraq, Oman, Tunisia, Algeria, Qatar, Iran and Jordan lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2023, the import price in MENA amounted to $X per ton, flattening at the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then shrank slightly in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Iraq (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform