Ethiopia: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Ethiopia

After three years of decline, the Ethiopian market for flexible tubes, pipes and hoses of plastics, without fittings increased by X% to $X in 2023. In general, consumption continues to indicate a noticeable increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports from Ethiopia

In 2023, shipments abroad of flexible tubes, pipes and hoses of plastics, without fittings decreased by X% to X kg, falling for the second year in a row after six years of growth. Overall, exports recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X kg in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings reduced modestly to $X in 2023. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2022, and then reduced modestly in the following year.

Exports by Country

Germany (X kg) was the main destination for exports of flexible tubes, pipes and hoses of plastics, without fittings from Ethiopia, accounting for a X% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, without fittings to Germany exceeded the volume sent to the second major destination, Serbia (X kg), sixfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Germany amounted to X%.

In value terms, Germany ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, without fittings exports from Ethiopia, comprising X% of total exports. The second position in the ranking was held by Serbia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany totaled X%.

Export Prices by Country

In 2023, the average export price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Serbia amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%).

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports into Ethiopia

In 2023, supplies from abroad of flexible tubes, pipes and hoses of plastics, without fittings was finally on the rise to reach X tons after three years of decline. Over the period under review, imports saw a temperate expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports of attained the maximum at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings soared to $X in 2023. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.

Imports by Country

India (X tons), China (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, without fittings to Ethiopia, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and India ($X) were the largest flexible tubes, pipes and hoses of plastics, without fittings suppliers to Ethiopia, with a combined X% share of total imports.

Among the main suppliers, India, with a CAGR of X%, saw 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

The average import price for flexible tubes, pipes and hoses of plastics, without fittings stood at $X per ton in 2023, jumping by X% against the previous year. In general, the import price, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform