Middle East: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in the Middle East

The Middle Eastern non-reinforced rubber tubing market dropped to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a mild setback. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Non-Reinforced Rubber Tubing Production in the Middle East

In value terms, non-reinforced rubber tubing production fell markedly to $X in 2022 estimated in export price. In general, production saw temperate growth. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Non-Reinforced Rubber Tubing Exports

Exports in the Middle East

In 2022, approx. X tons of rubber tubing not reinforced were exported in the Middle East; with an increase of X% against 2021. Overall, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-reinforced rubber tubing exports surged to $X in 2022. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Turkey (X tons) and the United Arab Emirates (X tons) were the largest exporters of rubber tubing not reinforced in 2022, accounting for approx. X% and X% of total exports, respectively. It was distantly followed by Bahrain (X tons), comprising a X% share of total exports. Iran (X tons) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Bahrain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

Bahrain, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 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 Turkey ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Non-Reinforced Rubber Tubing Imports

Imports in the Middle East

In 2022, overseas purchases of rubber tubing not reinforced were finally on the rise to reach X tons after two years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, non-reinforced rubber tubing imports surged to $X in 2022. The total import 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, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) and Kuwait (X tons) were the largest importers of rubber tubing not reinforced in the Middle East, together accounting for near X% of total imports. Oman (X tons) held the next position in the ranking, followed by Iraq (X tons), Turkey (X tons), Israel (X tons), Qatar (X tons) and Iran (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

Kuwait, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 the Middle East 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%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 2022, 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

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