Middle East: Glass Wool Mat Market 2020

Glass Wool Mat Market Size in Middle East

The revenue of the glass wool mat market in Middle East amounted to $X in 2017, surging by X% against the previous year. The total market indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the glass wool mat consumption increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. Over the period under review, the glass wool mat market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Glass Wool Mat Production in Middle East

The glass wool mat production stood at X tons in 2017, picking up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. Over the period under review, the glass wool mat production reached its peak figure volume in 2017, and is likely to see steady growth in the immediate term.

Glass Wool Mat Exports in Middle East

In 2017, glass wool mat exports in Middle East stood at X tons, waning by -X% against the previous year. The glass wool mat exports continue to indicate an abrupt decline. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. In that year, the glass wool mat exports reached their peak volume of X tons. From 2009 to 2017, growth of the glass wool mat exports stood at a somewhat lower level.

In value terms, glass wool mat exports totaled $X in 2017. The glass wool mat exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Glass Wool Mat Exports by Country in Middle East

In 2017, Kuwait (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Turkey (X tons), Syrian Arab Republic (X tons) and Bahrain (X tons) were the major exporters of glass fibre mats made of glass wool in Middle East, generating X% of total export. Oman (X tons) occupied the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bahrain (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest glass wool mat markets worldwide were Kuwait ($X), Bahrain ($X) and the United Arab Emirates ($X), together comprising X% of total exports. Saudi Arabia, Turkey, Oman and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , Syrian Arab Republic (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Glass Wool Mat Export Prices by Country in Middle East

The glass wool mat export price in Middle East stood at $X per ton in 2017, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2015, an increase of X% against the previous year. The level of export price peaked in 2017, and is expected to retain its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Oman ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Syrian Arab Republic (+X% per year), while the other leaders experienced more modest paces of growth.

Glass Wool Mat Imports in Middle East

In 2017, approx. X tons of glass fibre mats made of glass wool were imported in Middle East; declining by -X% against the previous year. The glass wool mat imports continue to indicate an abrupt setback. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. In that year, the glass wool mat imports attained their peak volume of X tons. From 2009 to 2017, growth of the glass wool mat imports failed to regain its momentum.

In value terms, glass wool mat imports stood at $X in 2017. The glass wool mat imports continue to indicate an abrupt curtailment. In that year, the glass wool mat imports attained their peak level of $X. From 2009 to 2017, growth of the glass wool mat imports stood at a somewhat lower level.

Glass Wool Mat Imports by Country in Middle East

In 2017, the United Arab Emirates (X tons), distantly followed by Kuwait (X tons), Turkey (X tons), Saudi Arabia (X tons), Oman (X tons) and Qatar (X tons) were the largest importers of glass fibre mats made of glass wool, together making up X% of total imports. Bahrain (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Turkey (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Glass Wool Mat Import Prices by Country in Middle East

The glass wool mat import price in Middle East stood at $X per ton in 2017, jumping by X% against the previous year. The glass wool mat import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, an increase of X% against the previous year. In that year, the import prices for glass fibre mats made of glass wool attained their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Oman (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform