Middle East: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in the Middle East

In 2022, the Middle Eastern market for flexible tubes, pipes and hoses of plastics, with fittings decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in the Middle East

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings fell to $X in 2022 estimated in export price. In general, production saw a abrupt decrease. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports in the Middle East

In 2022, the amount of flexible tubes, pipes and hoses of plastics, with fittings exported in the Middle East surged to X tons, rising by X% on the year before. Overall, exports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings soared to $X in 2022. In general, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from the United Arab Emirates (X tons), Iran (X tons), Israel (X tons) and Turkey (X tons), together resulting at X% of total export.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the United Arab Emirates ($X), Israel ($X) and Turkey ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, increasing by X% against the previous year. In general, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 Israel (X%), while the other leaders experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports in the Middle East

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings rose modestly to $X in 2022. Overall, imports, however, showed a mild slump. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Saudi Arabia was the largest importing country with an import of around X tons, which amounted to X% of total imports. Turkey (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%), the United Arab Emirates (X%), Syrian Arab Republic (X%) and Qatar (X%). Iran (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to flexible tubes, pipes and hoses of plastics, with fittings imports into Saudi Arabia stood at X%. At the same time, Syrian Arab Republic (X%), Qatar (X%) and Israel (X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%), Iran (X%) and Turkey (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.), Syrian Arab Republic (X p.p.), Qatar (X p.p.) and Israel (X p.p.) significantly strengthened its position in terms of the total imports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), Turkey ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Saudi Arabia, 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 2022, the import price in the Middle East amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 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 Turkey ($X per ton), while Syrian Arab Republic ($X 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 Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform