MENA: Market for Base Metal Automatic Door Closers 2024

Market Size for Base Metal Automatic Door Closers in MENA

The MENA's metal automatic door closer market stood at $X in 2023, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

Production of Base Metal Automatic Door Closers in MENA

In value terms, metal automatic door closer production expanded remarkably to $X in 2023 estimated in export price. Over the period under review, production, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

Exports of Base Metal Automatic Door Closers

Exports in MENA

In 2023, overseas shipments of base metal automatic door closers decreased by X% to X tons, falling for the fourth consecutive year after four years of growth. In general, exports showed a mild reduction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, metal automatic door closer exports contracted rapidly to $X in 2023. Over the period under review, exports recorded a pronounced reduction. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X tons) and the United Arab Emirates (X tons) prevails in exports structure, together comprising X% of total exports. Israel (X tons) held a relatively small share of total exports.

From 2012 to 2023, the biggest increases were recorded for Israel (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest metal automatic door closer supplying countries in MENA were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), with a combined X% share of total exports.

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

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2023, the export prices remained at a 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 Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the export price figures.

Imports of Base Metal Automatic Door Closers

Imports in MENA

In 2023, approx. X tons of base metal automatic door closers were imported in MENA; increasing by X% compared with the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, metal automatic door closer imports stood at $X in 2023. Overall, imports, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, the United Arab Emirates (X tons), distantly followed by Turkey (X tons), Saudi Arabia (X tons) and Algeria (X tons) were the largest importers of base metal automatic door closers, together achieving X% of total imports. The following importers - Qatar (X tons), Bahrain (X tons), Iraq (X tons), Kuwait (X tons), Oman (X tons), Jordan (X tons), Israel (X tons), Egypt (X tons) and Iran (X tons) - together made up X% of total imports.

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

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported base metal automatic door closers in MENA, comprising X% of total imports. The second position in the ranking was taken by Turkey ($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 rate of growth in terms of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Turkey (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. Overall, the import price showed a mild reduction. The pace of growth was the most pronounced in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, 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