MENA: Matches Market 2024

Matches Market Size in MENA

The MENA's matches market amounted to $X in 2023, approximately mirroring the previous year. The total consumption indicated a moderate expansion from 2012 to 2023: its value 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, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market remained at a lower figure.

Matches Production in MENA

In value terms, matches production expanded slightly to $X in 2023 estimated in export price. Over the period under review, production, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Matches Exports

Exports in MENA

Matches exports surged to X tons in 2023, rising by X% on the previous year's figure. Over the period under review, exports, however, recorded a perceptible decrease. The volume of export peaked at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, matches exports rose sharply to $X in 2023. Total exports indicated a slight increase from 2012 to 2023: its value 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates represented the key exporter of matches in MENA, with the volume of exports recording X tons, which was approx. X% of total exports in 2023. Turkey (X tons) ranks second in terms of the total exports with a X% share, followed by Egypt (X%), Oman (X%) and Iran (X%).

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2023. At the same time, Oman (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Turkey (X%) and Iran (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates, Oman, Egypt and Turkey increased by X, X, X and X percentage points, respectively.

In value terms, Turkey ($X) remains the largest matches supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Egypt, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Egypt (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the export price, however, posted perceptible growth. The most prominent rate of growth was recorded in 2022 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then contracted rapidly in the following year.

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

Matches Imports

Imports in MENA

Matches imports declined rapidly to X tons in 2023, reducing by X% against 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, matches imports declined to $X in 2023. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Yemen represented the largest importer of matches in MENA, with the volume of imports recording X tons, which was approx. X% of total imports in 2023. The United Arab Emirates (X tons) ranks second in terms of the total imports with an X% share, followed by Algeria (X%), Oman (X%), Israel (X%) and Iran (X%). Egypt (X tons) took a little share of total imports.

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

In value terms, the largest matches importing markets in MENA were the United Arab Emirates ($X), Yemen ($X) and Israel ($X), with a combined X% share of total imports. Algeria, Oman, Egypt and Iran lagged somewhat behind, together comprising a further X%.

Iran, with a CAGR of X%, saw the highest growth rate of 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 2023, the import price in MENA amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

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 Egypt ($X per ton), while Yemen ($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 more modest paces of growth.

Source: IndexBox Platform