MENA: Market for Table, Kitchen Or Household Articles Of Cast Iron 2024

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in MENA

The MENA's cast iron household articles market contracted significantly to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, posted noticeable growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Table, Kitchen Or Household Articles Of Cast Iron in MENA

In value terms, cast iron household articles production declined dramatically to $X in 2022 estimated in export price. Overall, production, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports in MENA

In 2022, approx. X tons of table, kitchen or household articles of cast iron were exported in MENA; jumping by X% on the previous year. Overall, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cast iron household articles exports soared to $X in 2022. Over the period under review, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) and Turkey (X tons) prevails in exports structure, together comprising X% of total exports. Iran (X tons) followed a long way behind the leaders.

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

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

The United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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, with an increase of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by X%. The level of export peaked 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 Turkey ($X per ton), while Iran ($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 a decline in the export price figures.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports in MENA

In 2022, after two years of decline, there was growth in purchases abroad of table, kitchen or household articles of cast iron, when their volume increased by X% to X tons. Overall, imports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cast iron household articles imports rose modestly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons), distantly followed by Iraq (X tons), the United Arab Emirates (X tons) and Jordan (X tons) represented the main importers of table, kitchen or household articles of cast iron, together mixing up X% of total imports. Qatar (X tons), Oman (X tons), Kuwait (X tons), Israel (X tons), Turkey (X tons), Morocco (X tons) and Egypt (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Morocco (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cast iron household articles importing markets in MENA were Saudi Arabia ($X), Iraq ($X) and the United Arab Emirates ($X), together comprising X% of total imports. Jordan, Turkey, Qatar, Israel, Egypt, Oman, Kuwait and Morocco lagged somewhat behind, together comprising a further X%.

Among 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, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

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

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

Source: IndexBox Platform

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