Middle East: Market for Moulds For Mineral Materials 2024

Market Size for Moulds For Mineral Materials in the Middle East

The Middle Eastern mould for mineral materials market reached $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, enjoyed prominent growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Moulds For Mineral Materials in the Middle East

In value terms, mould for mineral materials production rose notably to $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Moulds For Mineral Materials

Exports in the Middle East

In 2022, after three years of growth, there was significant decline in shipments abroad of moulds for mineral materials, when their volume decreased by X% to X units. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then declined notably in the following year.

In value terms, mould for mineral materials exports fell remarkably to $X in 2022. Over the period under review, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

Turkey dominates exports structure, resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by Yemen (X units), mixing up a X% share of total exports. The United Arab Emirates (X units) and Israel (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mould for mineral materials exports from Turkey stood at X%. At the same time, Yemen (X%) and Israel (X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Yemen (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest mould for mineral materials supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Yemen ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, mould for mineral materials exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Yemen (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, shrinking by X% against the previous year. In general, the export price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 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 Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Imports of Moulds For Mineral Materials

Imports in the Middle East

In 2022, the amount of moulds for mineral materials imported in the Middle East fell slightly to X units, remaining relatively unchanged against the previous year's figure. In general, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, mould for mineral materials imports fell to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Israel (X units), Turkey (X units) and the United Arab Emirates (X units) represented roughly X% of total imports in 2022. Iraq (X units) ranks next in terms of the total imports with an X% share, followed by Iran (X%) and Kuwait (X%). Oman (X units) held a minor share of total imports.

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

In value terms, Israel ($X), Turkey ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Israel, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per unit), while Iraq ($X per unit) 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 import price figures.

Source: IndexBox Platform

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