MENA: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in MENA

The MENA's cement prefabricated structural components market amounted to $X in 2022, increasing by X% against the previous year. The total consumption indicated temperate 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in MENA

In value terms, cement prefabricated structural components production totaled $X in 2022 estimated in export price. The total production indicated a pronounced 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports in MENA

Cement prefabricated structural components exports soared to X tons in 2022, rising by X% compared with 2021. In general, exports, however, recorded a abrupt descent. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, cement prefabricated structural components exports stood at $X in 2022. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey represented the main exporter of prefabricated structural components of cement, concrete or artificial stone in MENA, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. Oman (X tons) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%). The following exporters - Bahrain (X tons) and Saudi Arabia (X tons) - each recorded a X% share of total exports.

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

In value terms, Turkey ($X), Oman ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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, falling by X% against the previous year. Over the period under review, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Bahrain ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports in MENA

In 2022, overseas purchases of prefabricated structural components of cement, concrete or artificial stone increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, imports recorded a noticeable expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, cement prefabricated structural components imports shrank rapidly to $X in 2022. Over the period under review, imports, however, showed a slight decrease. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Kuwait dominates imports structure, recording X tons, which was near X% of total imports in 2022. It was distantly followed by Qatar (X tons), the United Arab Emirates (X tons), Turkey (X tons) and Israel (X tons), together mixing up a X% share of total imports. The following importers - Iraq (X tons), Algeria (X tons) and Bahrain (X tons) - together made up X% of total imports.

Imports into Kuwait decreased at an average annual rate of X% from 2012 to 2022. At the same time, Turkey (X%), the United Arab Emirates (X%), Bahrain (X%), Qatar (X%) and Israel (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Iraq (X%) and Algeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait, Turkey, the United Arab Emirates, Qatar, Israel and Bahrain increased by X, X, X, X, X and X percentage points, respectively.

In value terms, Kuwait ($X) constitutes the largest market for imported prefabricated structural components of cement, concrete or artificial stone in MENA, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with an X% share.

In Kuwait, cement prefabricated structural components imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price showed a pronounced slump. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Algeria ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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