Middle East: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in the Middle East

The Middle Eastern market for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X in 2023, increasing by X% against the previous year. Overall, consumption, however, saw a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in the Middle East

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings totaled $X in 2023 estimated in export price. In general, production, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production of hit record highs 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 Fittings

Exports in the Middle East

In 2023, approx. X tons of flexible tubes, pipes and hoses of plastics, with fittings were exported in the Middle East; dropping by X% on 2022. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 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 fittings shrank to $X in 2023. Over the period under review, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Turkey (X tons) was the key exporter of flexible tubes, pipes and hoses of plastics, with fittings, making up X% of total exports. It was distantly followed by Israel (X tons) and the United Arab Emirates (X tons), together creating a X% share of total exports. The following exporters - Jordan (X tons) and Oman (X tons) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest flexible tubes, pipes and hoses of plastics, with fittings supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, growing by X% against the previous year. Overall, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports in the Middle East

In 2023, after two years of decline, there was significant growth in purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings, when their volume increased by X% to X tons. In general, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports of attained the peak figure 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 fittings surged to $X in 2023. Over the period under review, imports, however, recorded a noticeable decrease. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia was the key importing country with an import of about X tons, which resulted at X% of total imports. Turkey (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%), the United Arab Emirates (X%), Syrian Arab Republic (X%), Iran (X%) and Qatar (X%).

From 2012 to 2023, the biggest increases were recorded for Syrian Arab Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, with fittings importing markets in the Middle East were Turkey ($X), Saudi Arabia ($X) and Israel ($X), with a combined X% share of total imports. The United Arab Emirates, Qatar, Iran and Syrian Arab Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Qatar, 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 import price in the Middle East stood at $X per ton in 2023, declining by X% against the previous year. Import price indicated a moderate 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, import price for flexible tubes, pipes and hoses of plastics, with fittings increased by X% against 2021 indices. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2023, the import prices remained at a lower figure.

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 Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform