MENA: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in MENA

The MENA's market for articles of asbestos-cement, of cellulose fibre-cement reduced dramatically to $X in 2023, declining by X% against the previous year. Over the period under review, consumption saw a abrupt downturn. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in MENA

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement shrank modestly to $X in 2023 estimated in export price. In general, production continues to indicate a deep setback. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports in MENA

Exports of articles of asbestos-cement, of cellulose fibre-cement shrank significantly to X tons in 2023, with a decrease of X% against 2022 figures. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement fell notably to $X in 2023. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports of attained the maximum at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Israel was the largest exporter of articles of asbestos-cement, of cellulose fibre-cement in MENA, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. The United Arab Emirates (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Lebanon (X%).

Exports from Israel decreased at an average annual rate of X% from 2012 to 2023. Lebanon (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Israel, the United Arab Emirates and Lebanon increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X), Lebanon ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

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

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price continues to indicate a notable increase. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while Israel ($X per ton) was amongst the lowest.

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

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports in MENA

In 2023, the amount of articles of asbestos-cement, of cellulose fibre-cement imported in MENA soared to X tons, increasing by X% compared with 2022. Over the period under review, imports, however, showed a abrupt downturn. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement skyrocketed to $X in 2023. In general, imports, however, continue to indicate a mild slump. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the key importer of articles of asbestos-cement, of cellulose fibre-cement in MENA, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2023. Lebanon (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Iraq (X%). Saudi Arabia (X tons) held a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to articles of asbestos-cement, of cellulose fibre-cement imports into the United Arab Emirates stood at X%. At the same time, Iraq (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Lebanon (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Lebanon (X p.p.) and Iraq (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Saudi Arabia (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported articles of asbestos-cement, of cellulose fibre-cement in MENA, comprising X% of total imports. The second position in the ranking was held by Lebanon ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Lebanon (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

In 2023, the import price in MENA amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2022, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform