Middle East: Other Agglomerates Market 2024

Other Agglomerates Market Size in the Middle East

In 2022, the Middle Eastern other agglomerates market decreased by X% to $X, falling for the third year in a row after two years of growth. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Other Agglomerates Production in the Middle East

In value terms, other agglomerates production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

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Other Agglomerates Exports

Exports in the Middle East

In 2022, the amount of other agglomerates exported in the Middle East skyrocketed to X tons, jumping by X% against the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, other agglomerates exports skyrocketed to $X in 2022. Over the period under review, exports showed a resilient increase. The pace of growth was the most pronounced in 2019 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

In 2022, Turkey (X tons) represented the main exporter of other agglomerates, mixing up X% of total exports. Iran (X tons) held the second position in the ranking, followed by the United Arab Emirates (X tons). All these countries together took approx. X% share of total exports. The following exporters - Israel (X tons) and Bahrain (X tons) - each accounted for a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to other agglomerates exports from Turkey stood at X%. At the same time, Bahrain (X%) and Iran (X%) displayed positive paces of growth. Moreover, Bahrain 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%) and Israel (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), Iran (X p.p.), Israel (X p.p.) and Bahrain (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

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

In the United Arab Emirates, other agglomerates 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: 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, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey ($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 more modest paces of growth.

Other Agglomerates Imports

Imports in the Middle East

In 2022, other agglomerates imports in the Middle East fell significantly to X tons, waning by X% compared with the previous year. Overall, imports showed a mild slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, other agglomerates imports fell dramatically to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Palestine (X tons) represented the major importer of other agglomerates, comprising X% of total imports. Qatar (X tons) ranks second in terms of the total imports with a X% share, followed by Lebanon (X%), the United Arab Emirates (X%), Israel (X%), Kuwait (X%) and Iraq (X%).

Imports into Palestine increased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), Kuwait (X%), Lebanon (X%), Israel (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported 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. While the share of Palestine (X p.p.), Lebanon (X p.p.), Qatar (X p.p.), Kuwait (X p.p.), Israel (X p.p.) and Iraq (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the largest other agglomerates importing markets in the Middle East were Qatar ($X), Palestine ($X) and the United Arab Emirates ($X), together comprising X% of total imports. Israel, Iraq, Kuwait and Lebanon lagged somewhat behind, together comprising a further X%.

Iraq, with a CAGR of X%, recorded 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

The import price in the Middle East stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 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 Qatar ($X per ton), while Lebanon ($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 import price figures.

Source: IndexBox Platform

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