MENA: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in MENA

The MENA's glass in the mass market expanded modestly to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a notable expansion 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Glass in The Mass in MENA

In value terms, glass in the mass production expanded to $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 throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. The level of production peaked in 2022 and is likely to see gradual growth in years to come.

Exports of Glass in The Mass

Exports in MENA

In 2022, shipments abroad of glass in the mass increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports saw a prominent increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the glass in mass exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, glass in the mass exports skyrocketed to $X in 2022. Overall, exports recorded prominent growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Israel was the main exporting country with an export of about X tons, which reached X% of total exports. Morocco (X tons) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%), Qatar (X%) and Lebanon (X%). Jordan (X tons) and Turkey (X tons) took a relatively small share of total exports.

Israel was also the fastest-growing in terms of the glass in the mass exports, with a CAGR of X% from 2012 to 2022. At the same time, Lebanon (X%), Turkey (X%), Morocco (X%), Qatar (X%) and the United Arab Emirates (X%) displayed positive paces of growth. By contrast, Jordan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Israel, Morocco, Lebanon and Turkey increased by X, X, X and X percentage points, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Israel amounted to X%. In the other countries, the average annual rates were as follows: Morocco (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, surging by X% against the previous year. Overall, the export price continues to indicate modest growth. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Jordan ($X per ton) was amongst the lowest.

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

Imports of Glass in The Mass

Imports in MENA

In 2022, the amount of glass in the mass imported in MENA soared to X tons, increasing by X% against the previous year's figure. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, glass in mass imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, glass in the mass imports skyrocketed to $X in 2022. Total imports indicated a strong expansion 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 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, glass in mass imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons) and the United Arab Emirates (X tons) represented roughly X% of total imports in 2022. Morocco (X tons) ranks next in terms of the total imports with a X% share, followed by Kuwait (X%). The following importers - Syrian Arab Republic (X tons) and Tunisia (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass in the mass importing markets in MENA were the United Arab Emirates ($X), Morocco ($X) and Turkey ($X), with a combined X% share of total imports.

In terms of the main importing countries, Morocco, with a CAGR of X%, saw 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, increasing by X% against the previous year. Overall, the import price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the 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 Morocco ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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