MENA: Plaster Article Market 2024

Plaster Article Market Size in MENA

The MENA's plaster article market rose modestly to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a slight expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Plaster Article Production in MENA

In value terms, plaster article production amounted to $X in 2022 estimated in export price. The total production indicated a mild increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Plaster Article Exports

Exports in MENA

In 2022, exports of articles of plaster or of compositions based on plaster in MENA dropped to X square meters, with a decrease of X% on the previous year's figure. Over the period under review, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X square meters in 2021, and then reduced in the following year.

In value terms, plaster article exports stood at $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

In 2022, Turkey (X square meters) represented the major exporter of articles of plaster or of compositions based on plaster, creating X% of total exports. Saudi Arabia (X square meters) ranks second in terms of the total exports with a X% share, followed by Oman (X%), the United Arab Emirates (X%) and Egypt (X%).

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest plaster article supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

In Turkey, plaster article exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per square meter, picking up by X% against the previous year. Over the period under review, the export price, however, saw a mild reduction. Over the period under review, the export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while Oman ($X per square meter) was amongst the lowest.

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

Plaster Article Imports

Imports in MENA

After five years of growth, supplies from abroad of articles of plaster or of compositions based on plaster decreased by X% to X square meters in 2022. In general, imports, however, showed a strong expansion. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X square meters in 2021, and then contracted in the following year.

In value terms, plaster article imports expanded significantly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Palestine dominates imports structure, resulting at X square meters, which was approx. X% of total imports in 2022. It was distantly followed by Iraq (X square meters), mixing up a X% share of total imports. Qatar (X square meters), the United Arab Emirates (X square meters), Jordan (X square meters), Israel (X square meters), Kuwait (X square meters), Libya (X square meters) and Oman (X square meters) followed a long way behind the leaders.

Imports into Palestine increased at an average annual rate of X% from 2012 to 2022. At the same time, Israel (X%), Kuwait (X%), Jordan (X%), Libya (X%), Qatar (X%) and Oman (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. The United Arab Emirates and Iraq experienced a relatively flat trend pattern. While the share of Palestine (X p.p.) and Israel (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Qatar (X p.p.), the United Arab Emirates (X p.p.) and Iraq (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plaster article importing markets in MENA were Iraq ($X), the United Arab Emirates ($X) and Qatar ($X), together accounting for X% of total imports. Israel, Kuwait, Jordan, Oman, Libya and Palestine lagged somewhat behind, together comprising a further X%.

Israel, 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

In 2022, the import price in MENA amounted to $X per square meter, increasing by X% against the previous year. Over the period under review, the import price, however, showed a abrupt setback. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per square meter), while Palestine (less than $X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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