Saudi Arabia: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Saudi Arabia

The Saudi market for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption saw a strong increase. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Saudi Arabia

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa reduced modestly to $X in 2022 estimated in export price. In general, production, however, recorded modest growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports from Saudi Arabia

In 2022, approx. X tons of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa were exported from Saudi Arabia; with a decrease of X% on the year before. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa shrank notably to $X in 2022. Over the period under review, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

Yemen (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa from Saudi Arabia, with a X% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa to Yemen exceeded the volume sent to the second major destination, Kuwait (X tons), sevenfold. Iraq (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Yemen amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Iraq (X% per year).

In value terms, Yemen ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total exports. It was followed by Djibouti, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Yemen totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Djibouti (X% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa stood at $X per ton in 2022, dropping by 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 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Somalia ($X per ton) was amongst the lowest.

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

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports into Saudi Arabia

After two years of decline, overseas purchases of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa increased by X% to X tons in 2022. In general, imports, however, continue to indicate a deep downturn. Over the period under review, imports of reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa surged to $X in 2022. Over the period under review, imports, however, saw a perceptible contraction. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Bahrain (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa supplier to Saudi Arabia, with a X% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa from Bahrain exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by Bahrain ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

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

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price posted a buoyant increase. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :