Middle East: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in the Middle East

In 2020, the Middle Eastern market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to $X, falling for the second year in a row after three years of growth. The total consumption indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2009 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Production of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in the Middle East

In value terms, production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined notably to $X in 2020 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level at $X in 2019, and then fell sharply in the following year.

Production By Country in the Middle East

The country with the largest volume of production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses was Turkey (X square meters), comprising approx. X% of total volume. Moreover, production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Turkey exceeded the figures recorded by the second-largest producer, Israel (X square meters), fivefold.

From 2007 to 2020, the average annual growth rate of volume in Turkey was relatively modest. In the other countries, the average annual rates were as follows: Israel (-X% per year) and Oman (+X% per year).

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports in the Middle East

In 2020, approx. X square meters of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses were exported in the Middle East; waning by -X% compared with 2019 figures. Over the period under review, exports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X square meters in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank notably to $X in 2020. In general, exports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Turkey dominates exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses structure, accounting for X square meters, which was near X% of total exports in 2020. It was distantly followed by the United Arab Emirates (X square meters), constituting a X% share of total exports. Saudi Arabia (X square meters) took a minor share of total exports.

Exports from Turkey decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +X% from 2007-2020. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Turkey increased by +X% percentage points, while the United Arab Emirates (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in Turkey was relatively modest. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Saudi Arabia (-X% per year).

Export Prices by Country

The export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in the Middle East stood at $X per square meter in 2020, with a decrease of -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the export price increased by X% y-o-y. The level of export peaked at $X per square meter in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United Arab Emirates ($X per square meter), while Saudi Arabia ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced mixed trends in the export price figures.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports in the Middle East

Imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses was estimated at X square meters in 2020, increasing by X% compared with the year before. Overall, imports enjoyed strong growth. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X square meters in 2018; afterwards, it flattened through to 2020.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses reduced to $X in 2020. Total imports indicated buoyant growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Turkey (X square meters) and Saudi Arabia (X square meters) represented the largest importers of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in the Middle East, together resulting at near X% of total imports. It was distantly followed by the United Arab Emirates (X square meters), Iraq (X square meters) and Kuwait (X square meters), together committing a X% share of total imports. The following importers - Israel (X square meters) and Yemen (X square meters) - each reached a X% share of total imports.

From 2007 to 2020, the biggest increases were in Israel, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Saudi Arabia (+X% per year) and the United Arab Emirates (-X% per year).

Import Prices by Country

The import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in the Middle East stood at $X per square meter in 2020, falling by -X% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. As a result, import price reached the peak level of $X per square meter. from 2011 to 2020, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per square meter), while Saudi Arabia ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform

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