MENA: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in MENA

The MENA's articles of fiber cement market declined to $X in 2022, remaining constant against the previous year. In general, consumption recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in MENA

In value terms, articles of fiber cement production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports in MENA

Articles of fiber cement exports expanded markedly to X tons in 2022, growing by X% on the previous year's figure. Overall, exports continue to indicate a mild increase. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, articles of fiber cement exports rose markedly to $X in 2022. Over the period under review, exports saw a notable expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Turkey represented the key exporting country with an export of about X tons, which finished at X% of total exports. The United Arab Emirates (X tons) took the second position in the ranking, followed by Saudi Arabia (X tons) and Tunisia (X tons). All these countries together held near X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to articles of fiber cement exports from Turkey stood at X%. At the same time, Saudi Arabia (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) and Tunisia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey and Saudi Arabia increased by X and X percentage points, respectively.

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

In Turkey, articles of fiber cement 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: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, 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, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

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

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports in MENA

In 2022, overseas purchases of articles of asbestos-cement, cellulose fiber-cement or the like increased by X% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, articles of fiber cement imports rose remarkably to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the largest importing country with an import of about X tons, which finished at X% of total imports. Qatar (X tons) ranks second in terms of the total imports with a X% share, followed by Israel (X%), Iraq (X%) and Oman (X%). Algeria (X tons) and Kuwait (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to articles of fiber cement imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%), Qatar (X%), Israel (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Oman (X%) and Algeria (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Qatar (X p.p.), Israel (X p.p.), Iraq (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Oman and Algeria saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X), Iraq ($X) and Israel ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Iraq, with a CAGR of X%, saw the highest growth rate of 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

The import price in MENA stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price, however, showed a modest expansion. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Iraq ($X per ton), while the United Arab Emirates ($X per ton) 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 mixed trends in the import price figures.

Source: IndexBox Platform

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