Middle East: 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 the Middle East

The Middle Eastern market for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa rose significantly to $X in 2023, growing by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa expanded remarkably to $X in 2023 estimated in export price. Over the period under review, production, however, showed a slight setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production of growth failed to regain momentum.

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

Exports in the Middle East

In 2023, shipments abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa dropped to $X in 2023. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Turkey dominates MPa structure, recording X tons, which was approx. X% of total exports in 2023. Saudi Arabia (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, 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.

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 exports from Turkey stood at X%. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, 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. While the share of Turkey (X p.p.), Iran (X p.p.), Oman (X p.p.) and Israel (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a 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

The export price in the Middle East stood at $X per ton in 2023, dropping by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. 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 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2022, and then shrank in the following year.

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 the Middle East

In 2023, overseas purchases of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa were finally on the rise to reach X tons after three years of decline. In general, imports, however, recorded a deep downturn. 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 rose markedly to $X in 2023. Over the period under review, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid 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 remained at a lower figure.

Imports by Country

Iraq was the key importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by the United Arab Emirates (X tons), Syrian Arab Republic (X tons), Kuwait (X tons) and Turkey (X tons), together making up a X% share of total imports. Qatar (X tons), Yemen (X tons) and Oman (X tons) took a minor share of total imports.

Imports into Iraq decreased at an average annual rate of X% from 2012 to 2023. At the same time, Syrian Arab Republic (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 2012-2023. By contrast, Turkey (X%), Oman (X%), the United Arab Emirates (X%), Kuwait (X%), Yemen (X%) and Qatar (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Iraq, Syrian Arab Republic, the United Arab Emirates and Turkey 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, the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa importing markets in the Middle East were Iraq ($X), the United Arab Emirates ($X) and Turkey ($X), with a combined X% share of total imports. Qatar, Yemen, Kuwait, Oman and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Syrian Arab Republic, 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

The import price in the Middle East stood at $X per ton in 2023, falling by X% against the previous year. Import price indicated a notable 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 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, 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