Middle East: Hot-Rolled Plate Or Sheet Market 2020

Hot-Rolled Plate Or Sheet Market Size in Middle East

The revenue of the hot-rolled plate or sheet market in Middle East amounted to $X in 2017, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The hot-rolled plate or sheet consumption continues to indicate an abrupt drop. The pace of growth was the most pronounced in 2008, with an increase of X% against the previous year. In that year, the hot-rolled plate or sheet market attained their peak level of $X. From 2009 to 2017, growth of the hot-rolled plate or sheet market failed to regain its momentum.

Hot-Rolled Plate Or Sheet Exports in Middle East

In 2017, exports of plate, sheet and wide flat, hot-rolled in mills in Middle East amounted to X tons, jumping by X% against the previous year. The total exports indicated a prominent expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hot-rolled plate or sheet exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2012, when exports increased by X% year-to-year. In that year, the hot-rolled plate or sheet exports reached their peak volume of X tons. From 2013 to 2017, growth of the hot-rolled plate or sheet exports failed to regain its momentum.

In value terms, hot-rolled plate or sheet exports amounted to $X in 2017. The total exports indicated a measured expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hot-rolled plate or sheet exports increased by +X% against 2015 indices. In that year, the hot-rolled plate or sheet exports attained their peak level of $X. From 2013 to 2017, growth of the hot-rolled plate or sheet exports failed to regain its momentum.

Hot-Rolled Plate Or Sheet Exports by Country in Middle East

Turkey represented the largest exporting country with an export of around X tons, which finished at X% of total exports. The United Arab Emirates (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Iran (X%) and Saudi Arabia (X%).

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Saudi Arabia (-X%) and Iran (-X%) illustrated a downward trend over the same period. Iran (X%) and Saudi Arabia (X%) significantly strengthened its position in terms of the global exports, while the United Arab Emirates and Turkey saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

The United Arab Emirates (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Hot-Rolled Plate Or Sheet Export Prices by Country in Middle East

The hot-rolled plate or sheet export price in Middle East stood at $X per ton in 2017, picking up by X% against the previous year. The hot-rolled plate or sheet export price continues to indicate a temperate contraction. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. In that year, the export prices for plate, sheet and wide flat, hot-rolled in mills attained their peak level of $X per ton. From 2009 to 2017, growth of the export prices for plate, sheet and wide flat, hot-rolled in mills failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the United Arab Emirates ($X per ton) and Saudi Arabia ($X per ton), while Iran ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced a decline in the export price figures.

Hot-Rolled Plate Or Sheet Imports in Middle East

In 2017, approx. X tons of plate, sheet and wide flat, hot-rolled in mills were imported in Middle East; declining by -X% against the previous year. The hot-rolled plate or sheet imports continue to indicate a moderate descent. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, the hot-rolled plate or sheet imports attained its maximum volume of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, hot-rolled plate or sheet imports amounted to $X in 2017. The hot-rolled plate or sheet imports continue to indicate an abrupt descent. In that year, the hot-rolled plate or sheet imports reached their peak level of $X. From 2009 to 2017, growth of the hot-rolled plate or sheet imports failed to regain its momentum.

Hot-Rolled Plate Or Sheet Imports by Country in Middle East

In 2017, Turkey (X tons), distantly followed by the United Arab Emirates (X tons), Iran (X tons), Saudi Arabia (X tons) and Israel (X tons) were the key importers of plate, sheet and wide flat, hot-rolled in mills, together constituting X% of total imports. The following importers - Kuwait (X tons) and Oman (X tons) each recorded a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Oman (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, the largest hot-rolled plate or sheet markets worldwide were Turkey ($X), Iran ($X) and the United Arab Emirates ($X), together comprising X% of total imports. Saudi Arabia, Israel, Kuwait and Oman lagged somewhat behind, together accounting for a further X%.

Oman (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Hot-Rolled Plate Or Sheet Import Prices by Country in Middle East

In 2017, the hot-rolled plate or sheet import price in Middle East amounted to $X per ton, jumping by X% against the previous year. The hot-rolled plate or sheet import price continues to indicate a moderate descent. The growth pace was the most rapid in 2008, when the import prices increased by X% y-o-y. In that year, the import prices for plate, sheet and wide flat, hot-rolled in mills reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for plate, sheet and wide flat, hot-rolled in mills stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Iran ($X per ton) and Israel ($X per ton), while Turkey ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Israel (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform