MENA: 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 MENA

The MENA's market for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa expanded remarkably to $X in 2023, growing by X% against the previous year. Over the period under review, consumption recorded a tangible expansion. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa expanded notably to $X in 2023 estimated in export price. In general, production posted moderate growth. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

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

Exports in MENA

In 2023, overseas shipments of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa decreased by X% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X tons 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, with a burst pressure X MPa expanded modestly to $X in 2023. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Turkey prevails in MPa structure, resulting at X tons, which was approx. X% of total exports in 2023. Saudi Arabia (X tons) ranks second in terms of the total exports with an X% share, followed by the United Arab Emirates (X%). Iran (X tons), Oman (X tons), Israel (X tons) and Jordan (X tons) followed a long way behind the leaders.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2023. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. Israel experienced a relatively flat trend pattern. By contrast, Oman (X%), the United Arab Emirates (X%), Jordan (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Turkey, Iran, Oman and Israel increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with an X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Turkey stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, rising by X% against the previous year. Export price indicated resilient growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked in 2023 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 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced more modest paces of growth.

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

Imports in MENA

In 2023, purchases abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa increased by X% to X tons for the first time since 2019, thus ending a three-year declining trend. Overall, imports, however, continue to indicate a deep setback. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa expanded sharply to $X in 2023. In general, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

In 2023, Iraq (X tons) was the major importer of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa, creating X% of total imports. The United Arab Emirates (X tons) held the second position in the ranking, followed by Syrian Arab Republic (X tons) and Kuwait (X tons). All these countries together took approx. X% share of total imports. Turkey (X tons), Libya (X tons), Qatar (X tons), Yemen (X tons), Algeria (X tons), Djibouti (X tons), Oman (X tons), Saudi Arabia (X tons) and Jordan (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa imports into Iraq stood at X%. At the same time, Jordan (X%), Syrian Arab Republic (X%), Djibouti (X%) and Algeria (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Turkey (X%), Oman (X%), the United Arab Emirates (X%), Kuwait (X%), Yemen (X%), Libya (X%), Qatar (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Iraq (X p.p.), Syrian Arab Republic (X p.p.), the United Arab Emirates (X p.p.), Turkey (X p.p.), Djibouti (X p.p.), Algeria (X p.p.) and Jordan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Libya (X p.p.), Saudi Arabia (X p.p.) and Qatar (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X), the United Arab Emirates ($X) and Turkey ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Libya, Qatar, Yemen, Algeria, Saudi Arabia, Kuwait, Oman, Syrian Arab Republic, Jordan and Djibouti lagged somewhat behind, together accounting for a further X%.

Jordan, 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 MENA stood at $X per ton in 2023, reducing by X% against the previous year. Import price indicated a perceptible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, import price attained the peak level of $X per ton, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: 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 2023, 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