Middle East: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in the Middle East

The Middle Eastern plastic self-adhesive plate market contracted to $X in 2022, reducing by X% against the previous year. In general, consumption, however, saw a prominent increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Plastic Self-Adhesive Plate Production in the Middle East

In value terms, plastic self-adhesive plate production contracted to $X in 2022 estimated in export price. In general, production, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Plastic Self-Adhesive Plate Exports

Exports in the Middle East

In 2022, shipments abroad of plastic self-adhesive plates, sheets and other flat shapes was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Total exports indicated a slight expansion from 2012 to 2022: its volume 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. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, plastic self-adhesive plate exports soared to $X in 2022. Total exports indicated a pronounced increase 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, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the three major exporters of plastic self-adhesive plates, sheets and other flat shapes, namely the United Arab Emirates, Turkey and Saudi Arabia, represented more than two-thirds of total export. It was distantly followed by Israel (X tons), constituting a X% share of total exports. The following exporters - Lebanon (X tons) and Bahrain (X tons) - each recorded a X% share of total exports.

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

In value terms, Turkey ($X), the United Arab Emirates ($X) and Israel ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Saudi Arabia, Lebanon and Bahrain lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Bahrain, with a CAGR of X%, saw the highest growth rate of the value of exports, 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, with a decrease of X% against the previous year. Export price indicated a noticeable increase from 2012 to 2022: its price 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, plastic self-adhesive plate export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped modestly in the following year.

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

Plastic Self-Adhesive Plate Imports

Imports in the Middle East

In 2022, after two years of decline, there was significant growth in overseas purchases of plastic self-adhesive plates, sheets and other flat shapes, when their volume increased by X% to X tons. In general, imports recorded modest growth. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, plastic self-adhesive plate imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons) and the United Arab Emirates (X tons) represented the main importers of plastic self-adhesive plates, sheets and other flat shapes in 2022, finishing at approx. X% and X% of total imports, respectively. Saudi Arabia (X tons) ranks next in terms of the total imports with a X% share, followed by Iraq (X%), Israel (X%) and Iran (X%). Jordan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Israel, Iraq, Iran and Jordan lagged somewhat behind, together comprising a further X%.

Iraq, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in the Middle East stood at $X per ton in 2022, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Jordan ($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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