Middle East: Cement Clinker Market 2024

Cement Clinker Market Size in the Middle East

In 2022, the Middle Eastern cement clinker market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Cement Clinker Production in the Middle East

In value terms, cement clinker production dropped to $X in 2022 estimated in export price. Over the period under review, production posted measured growth. The pace of growth appeared the most rapid in 2018 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 remained at a lower figure.

Cement Clinker Exports

Exports in the Middle East

After ten years of growth, shipments abroad of cement clinker decreased by X% to X tons in 2022. In general, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced markedly in the following year.

In value terms, cement clinker exports shrank dramatically to $X in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank markedly in the following year.

Exports by Country

Turkey (X tons) and the United Arab Emirates (X tons) represented roughly X% of total exports in 2022. Iran (X tons) took the next position in the ranking, followed by Saudi Arabia (X tons). All these countries together took near X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cement clinker supplying countries in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Iran ($X), together comprising X% of total exports.

Iran, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 the Middle East stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a mild slump. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Iran ($X per ton) and Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) and Turkey ($X per ton) were 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 export price figures.

Cement Clinker Imports

Imports in the Middle East

In 2022, approx. X tons of cement clinker were imported in the Middle East; rising by X% against the previous year's figure. Over the period under review, imports recorded a buoyant 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 in 2022 and are likely to continue growth in years to come.

In value terms, cement clinker imports surged to $X in 2022. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Kuwait (X tons) was the largest importer of cement clinker, committing X% of total imports. It was distantly followed by Oman (X tons), Jordan (X tons), Israel (X tons), Bahrain (X tons) and Yemen (X tons), together comprising a X% share of total imports. Qatar (X tons) took a little share of total imports.

Kuwait was also the fastest-growing in terms of the cement clinker imports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%), Jordan (X%), Israel (X%) and Bahrain (X%) displayed positive paces of growth. By contrast, Yemen (X%) and Qatar (X%) illustrated a downward trend over the same period. While the share of Kuwait (X p.p.), Oman (X p.p.), Jordan (X p.p.), Israel (X p.p.) and Bahrain (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Qatar (X p.p.) and Yemen (X p.p.) displayed negative dynamics.

In value terms, the largest cement clinker importing markets in the Middle East were Kuwait ($X), Jordan ($X) and Israel ($X), with a combined X% share of total imports.

Among the main importing countries, Kuwait, 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 the Middle East stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. The level of import peaked at $X per ton 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 Israel ($X per ton), while Yemen ($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 mixed trends in the import price figures.

Source: IndexBox Platform