GCC: Market for Moulds For Mineral Materials 2024

Market Size for Moulds For Mineral Materials in GCC

The GCC mould for mineral materials market amounted to $X in 2022, increasing by X% against the previous year. Overall, consumption posted a buoyant expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Moulds For Mineral Materials in GCC

In value terms, mould for mineral materials production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production showed a strong increase. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Moulds For Mineral Materials

Exports in GCC

Mould for mineral materials exports declined notably to X units in 2022, with a decrease of X% on the previous year's figure. Overall, exports saw a mild decline. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, mould for mineral materials exports reduced notably to $X in 2022. In general, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates was the key exporting country with an export of about X units, which reached X% of total exports. Saudi Arabia (X units) ranks second in terms of the total exports with a X% share, followed by Bahrain (X%).

From 2012 to 2022, average annual rates of growth with regard to mould for mineral materials exports from the United Arab Emirates stood at X%. At the same time, Bahrain (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. Saudi Arabia (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest mould for mineral materials supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bahrain (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price saw a mild decline. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, 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 Bahrain ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Moulds For Mineral Materials

Imports in GCC

In 2022, purchases abroad of moulds for mineral materials decreased by X% to X units, falling for the fifth consecutive year after two years of growth. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, mould for mineral materials imports fell notably to $X in 2022. Over the period under review, imports recorded a perceptible setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) represented the major importer of moulds for mineral materials, comprising X% of total imports. Kuwait (X units) took the second position in the ranking, followed by Oman (X units). All these countries together took near X% share of total imports. Bahrain (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mould for mineral materials imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Oman (X%) and Bahrain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait and Oman increased by X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported moulds for mineral materials in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

In the United Arab Emirates, mould for mineral materials imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, picking up by X% against the previous year. Import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mould for mineral materials import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Bahrain ($X per unit) and Kuwait ($X per unit), while the United Arab Emirates ($X per unit) and Oman ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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