Middle East: Matches Market 2024

Matches Market Size in the Middle East

The Middle Eastern matches market expanded to $X in 2022, surging by X% against the previous year. The total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Matches Production in the Middle East

In value terms, matches production expanded modestly to $X in 2022 estimated in export price. In general, production showed resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Matches Exports

Exports in the Middle East

In 2022, overseas shipments of matches increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports posted a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, matches exports surged to $X in 2022. In general, exports showed a resilient expansion. 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 (X tons) and Israel (X tons) dominates exports structure, together achieving X% of total exports. It was distantly followed by Turkey (X tons), constituting a X% share of total exports. Oman (X tons) held a little 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 Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the export price in the Middle East amounted to $X per ton, declining by X% against the previous year. Overall, the export price saw a slight downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Oman ($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 mixed trends in the export price figures.

Matches Imports

Imports in the Middle East

Matches imports dropped notably to X tons in 2022, with a decrease of X% on the previous year. Overall, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, matches imports plummeted to $X in 2022. Over the period under review, imports showed a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Yemen (X tons) and the United Arab Emirates (X tons) represented the main importers of matches in the Middle East, together generating X% of total imports. Israel (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Oman (X%) and Kuwait (X%). The following importers - Iran (X tons) and Turkey (X tons) - each reached a X% share of total imports.

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

In value terms, the largest matches importing markets in the Middle East were the United Arab Emirates ($X), Yemen ($X) and Israel ($X), together accounting for X% of total imports. Oman, Kuwait, Turkey and Iran lagged somewhat behind, together comprising a further X%.

Kuwait, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Turkey ($X per ton), while Yemen ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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