MENA: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in MENA

The MENA's plastic pipe and hose market fell to $X in 2022, which is down by X% against the previous year. The total consumption indicated a noticeable increase 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in MENA

In value terms, plastic pipe and hose production contracted remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports in MENA

In 2022, the amount of plastics tubes, pipes and hoses, and fitting exported in MENA fell to X tons, dropping by X% on the previous year. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic pipe and hose exports declined slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Turkey prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. Saudi Arabia (X tons) ranks second in terms of the total exports with an X% share, followed by Bahrain (X%), the United Arab Emirates (X%), Iran (X%) and Israel (X%). Egypt (X tons) held a minor share of total exports.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2022. At the same time, Bahrain (X%), Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Iran (X%), Egypt (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. Bahrain (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest plastic pipe and hose supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, plastic pipe and hose exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports in MENA

In 2022, the amount of plastics tubes, pipes and hoses, and fitting imported in MENA declined slightly to X tons, falling by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, plastic pipe and hose imports expanded to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

Iraq represented the largest importing country with an import of around X tons, which amounted to X% of total imports. Saudi Arabia (X tons) held the second position in the ranking, followed by Turkey (X tons), the United Arab Emirates (X tons) and Morocco (X tons). All these countries together held near X% share of total imports. Algeria (X tons), Israel (X tons), Libya (X tons), Yemen (X tons), Kuwait (X tons), Qatar (X tons), Tunisia (X tons) and Egypt (X tons) followed a long way behind the leaders.

Imports into Iraq increased at an average annual rate of X% from 2012 to 2022. At the same time, Turkey (X%), Israel (X%), Saudi Arabia (X%), Morocco (X%), Yemen (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Algeria and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Egypt (X%), Libya (X%), Kuwait (X%) and Qatar (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.), Turkey (X p.p.), Kuwait (X p.p.) and Iraq (X p.p.) significantly strengthened its position in terms of the total imports, while Libya and Qatar saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic pipe and hose importing markets in MENA were Iraq ($X), Turkey ($X) and Saudi Arabia ($X), with a combined X% share of total imports. The United Arab Emirates, Morocco, Israel, Tunisia, Egypt, Algeria, Kuwait, Yemen, Libya and Qatar lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Yemen, with a CAGR of X%, saw 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

The import price in MENA stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform