MENA: Cement Pipe Market 2023

Cement Pipe Market Size in MENA

In 2022, the MENA's cement pipe market increased by 0.4% to $X for the first time since 2016, thus ending a five-year declining trend. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Cement Pipe Production in MENA

In value terms, cement pipe production reduced slightly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 25% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Cement Pipe Exports

Exports in MENA

In 2022, after six years of growth, there was decline in overseas shipments of pipes and other articles of cement, when their volume decreased by -0.8% to X tons. Over the period under review, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 148% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank slightly in the following year.

In value terms, cement pipe exports reduced to $X in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 145% against the previous year. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

In 2022, Turkey (X tons) represented the key exporter of pipes and other articles of cement, committing 53% of total exports. Israel (X tons) ranks second in terms of the total exports with a 21% share, followed by Saudi Arabia (21%). The United Arab Emirates (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cement pipe exports from Turkey stood at +10.9%. At the same time, Israel (+37.3%), Saudi Arabia (+24.7%) and the United Arab Emirates (+16.4%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in MENA, with a CAGR of +37.3% from 2012-2022. While the share of Israel (+18 p.p.) and Saudi Arabia (+12 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (-17.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cement pipe supplying countries in MENA were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), together accounting for 93% of total exports.

Israel, with a CAGR of +42.7%, recorded 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 more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, dropping by -9.6% against the previous year. Overall, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2015 an increase of 77% against the previous year. The level of export peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) 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 (+17.8%), while the other leaders experienced more modest paces of growth.

Cement Pipe Imports

Imports in MENA

In 2022, overseas purchases of pipes and other articles of cement decreased by -20% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 92%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, cement pipe imports declined to $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +12.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 62% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) represented the main importer of pipes and other articles of cement, comprising 44% of total imports. Israel (X tons) held the second position in the ranking, followed by Iraq (X tons), Tunisia (X tons) and Qatar (X tons). All these countries together held near 33% share of total imports. The following importers - Kuwait (X tons), Bahrain (X tons), Algeria (X tons), Morocco (X tons), Saudi Arabia (X tons), Lebanon (X tons), Turkey (X tons) and Jordan (X tons) - together made up 19% of total imports.

From 2012 to 2022, average annual rates of growth with regard to cement pipe imports into the United Arab Emirates stood at +17.4%. At the same time, Bahrain (+19.3%), Kuwait (+12.4%), Israel (+11.6%), Tunisia (+10.3%), Jordan (+6.9%) and Lebanon (+4.6%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in MENA, with a CAGR of +19.3% from 2012-2022. By contrast, Qatar (-2.7%), Morocco (-3.4%), Saudi Arabia (-12.1%), Iraq (-13.3%), Algeria (-19.8%) and Turkey (-21.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Israel, Tunisia, Kuwait and Bahrain increased by +37, +10, +4.6, +2.7 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Israel ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 62% of total imports.

In terms of the main importing countries, Israel, with a CAGR of +16.0%, recorded the highest rates of growth with regard to the value of imports, 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 ton, growing by 20% against the previous year. Import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement pipe import price increased by +14.1% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 37%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+23.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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