Middle East: Metal Letter Clip Market 2024

Metal Letter Clip Market Size in the Middle East

The Middle Eastern metal letter clip market dropped significantly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw a mild decrease. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.

Metal Letter Clip Production in the Middle East

In value terms, metal letter clip production amounted to $X in 2022 estimated in export price. In general, production, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Metal Letter Clip Exports

Exports in the Middle East

In 2022, the amount of letter clips, letter corners of base metal exported in the Middle East skyrocketed to X tons, growing by X% against the previous year. Over the period under review, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal letter clip exports skyrocketed to $X in 2022. In general, exports saw a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates represented the major exporter of letter clips, letter corners of base metal in the Middle East, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X tons) and Iran (X tons), together mixing up a X% share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Iran (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) emerged as the largest metal letter clip supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

In the United Arab Emirates, metal letter clip exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Iran (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, saw a mild slump. The growth pace was the most rapid in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a lower figure.

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.

Metal Letter Clip Imports

Imports in the Middle East

After four years of decline, purchases abroad of letter clips, letter corners of base metal increased by X% to X tons in 2022. Over the period under review, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, metal letter clip imports reduced slightly to $X in 2022. In general, imports, however, showed a deep slump. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) and Turkey (X tons) represented the largest importers of letter clips, letter corners of base metal in the Middle East, together creating X% of total imports. Israel (X tons) ranks next in terms of the total imports with a X% share, followed by Jordan (X%), Iran (X%) and Iraq (X%). Kuwait (X tons) followed a long way behind the leaders.

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

In value terms, the largest metal letter clip importing markets in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), with a combined X% share of total imports. Jordan, Iraq, Iran and Kuwait lagged somewhat behind, together accounting for a further X%.

Jordan, with a CAGR of X%, saw the highest growth rate of 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 ton, shrinking by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2020; however, from 2021 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 Kuwait ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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