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 totaled $X in 2023, growing by X% against the previous year. Overall, consumption posted moderate growth. 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 rose sharply to $X in 2023 estimated in export price. In general, production showed a notable expansion. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

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

Exports in MENA

In 2023, after three years of decline, there was growth in shipments abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa, when their volume increased by X% to X tons. In general, exports, however, saw 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 remained at a lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa rose to $X in 2023. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

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) took an X% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (X%). Oman (X tons), Iran (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 MENA, with a CAGR of X% from 2012-2023. Israel and Oman experienced a relatively flat trend pattern. By contrast, 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, Oman, Iran 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 ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Israel ($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 rate of growth in terms of value in Turkey amounted to 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, therefore, remained relatively stable against the previous year. Export price indicated a prominent increase 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 2018 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2023 and is likely to see steady growth in years to come.

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

After three years of decline, purchases abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa increased by X% to X tons in 2023. Overall, imports, however, continue to indicate a drastic downturn. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa stood at $X in 2023. In general, imports, however, saw a abrupt shrinkage. 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

Iraq represented the major importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by the United Arab Emirates (X tons), Syrian Arab Republic (X tons) and Kuwait (X tons), together committing a X% share of total imports. The following importers - 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) - together made up X% of total imports.

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. From 2012 to 2023, the share of Iraq, Syrian Arab Republic, the United Arab Emirates, Turkey, Djibouti, Algeria and Jordan increased by X, X, X, X, X, X and X percentage points, respectively. 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) were the countries with the highest levels of imports in 2023, with a combined X% share 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%, saw the highest rates of growth with regard to the value of imports, among 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, falling by X% against the previous year. Import price indicated a tangible 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% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced dramatically 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