MENA: Safety Glass Market 2024

Safety Glass Market Size in MENA

The MENA's safety glass market rose significantly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Safety Glass Production in MENA

In value terms, safety glass production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Safety Glass Exports

Exports in MENA

In 2022, approx. X square meters of safety glass were exported in MENA; falling by X% against the previous year. Overall, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X square meters, and then dropped in the following year.

In value terms, safety glass exports expanded modestly to $X in 2022. Total exports indicated strong 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 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Turkey dominates exports structure, finishing at X square meters, which was near X% of total exports in 2022. It was distantly followed by Iran (X square meters), committing an X% share of total exports. The following exporters - Algeria (X square meters), the United Arab Emirates (X square meters) and Israel (X square meters) - together made up X% of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Iran (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Algeria (X%) and Israel (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the total exports, while Israel and Algeria saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per square meter, growing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while Iran ($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 more modest paces of growth.

Safety Glass Imports

Imports in MENA

In 2022, purchases abroad of safety glass increased by X% to X square meters, rising for the second year in a row after two years of decline. In general, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, safety glass imports skyrocketed to $X in 2022. Total imports indicated buoyant 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey dominates imports structure, recording X square meters, which was near X% of total imports in 2022. Morocco (X square meters) took the second position in the ranking, followed by Israel (X square meters). All these countries together held approx. X% share of total imports. The following importers - Saudi Arabia (X square meters), the United Arab Emirates (X square meters), Kuwait (X square meters) and Iraq (X square meters) - together made up X% of total imports.

Turkey was also the fastest-growing in terms of the safety glass imports, with a CAGR of X% from 2012 to 2022. At the same time, Israel (X%), Kuwait (X%), Morocco (X%), Saudi Arabia (X%), Iraq (X%) and the United Arab Emirates (X%) displayed positive paces of growth. From 2012 to 2022, the share of Turkey and Kuwait increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported safety glass in MENA, comprising X% of total imports. The second position in the ranking was taken by Israel ($X), with a X% share of total imports. It was followed by Morocco, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and Morocco (X% per year).

Import Prices by Country

The import price in MENA stood at $X per square meter in 2022, waning by X% against the previous year. In general, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2022, 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 Kuwait ($X per square meter), while Turkey ($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 Iraq (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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