Middle East: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in the Middle East

In 2022, the Middle Eastern market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was finally on the rise to reach $X after two years of decline. Overall, consumption recorded a buoyant increase. 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 Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in the Middle East

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank to $X in 2022 estimated in export price. Over the period under review, production enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in the Middle East

In 2022, overseas shipments of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by X% to X square meters, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X square meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2022. Over the period under review, exports, however, showed a deep reduction. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey represented the largest exporting country with an export of around X square meters, which recorded X% of total exports. It was distantly followed by the United Arab Emirates (X square meters) and Saudi Arabia (X square meters), together creating a X% share of total exports.

Turkey was also the fastest-growing in terms of the boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports, with a CAGR of X% from 2012 to 2022. Saudi Arabia (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplying countries in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined X% share of total exports.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in the Middle East stood at $X per thousand square meters in 2022, picking up by X% against the previous year. Over the period under review, the export price continues to indicate slight growth. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per thousand square meters in 2018; however, from 2019 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 the United Arab Emirates ($X per thousand square meters), while Turkey ($X per thousand square meters) 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 Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in the Middle East

In 2022, after seven years of decline, there was significant growth in purchases abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, when their volume increased by X% to X square meters. In general, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of X square meters. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders skyrocketed to $X in 2022. Overall, imports, however, showed a abrupt shrinkage. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Israel (X square meters) and the United Arab Emirates (X square meters) dominates binders structure, together comprising X% of total imports. Bahrain (X square meters) ranks next in terms of the total imports with an X% share, followed by Iran (X%). The following importers - Syrian Arab Republic (X square meters), Kuwait (X square meters) and Jordan (X square meters) - together made up X% of total imports.

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

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders importing markets in the Middle East were Israel ($X), the United Arab Emirates ($X) and Iran ($X), together comprising X% of total imports.

Israel, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 the Middle East amounted to $X per thousand square meters, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per thousand square meters in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Iran ($X per thousand square meters), while Syrian Arab Republic ($X per thousand square meters) was amongst the lowest.

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

Source: IndexBox Platform

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