Middle East: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in the Middle East

The Middle Eastern market for prefabricated buildings of plastics, concrete or aluminium dropped to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, continues to indicate pronounced growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in the Middle East

In value terms, production of prefabricated buildings of plastics, concrete or aluminium reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable increase. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports in the Middle East

In 2022, overseas shipments of prefabricated buildings of plastics, concrete or aluminium increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium expanded modestly to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Turkey was the key exporting country with an export of about X tons, which recorded X% of total exports. The United Arab Emirates (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Israel (X%). Kuwait (X tons) took a minor share of total exports.

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

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. These countries were followed by Kuwait, which accounted for a further X%.

Kuwait, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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, picking up by X% 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 2019 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports in the Middle East

In 2022, after two years of growth, there was significant decline in purchases abroad of prefabricated buildings of plastics, concrete or aluminium, when their volume decreased by X% to X tons. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium reduced markedly to $X in 2022. Overall, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons), Iraq (X tons) and Qatar (X tons) represented the largest importer of prefabricated buildings of plastics, concrete or aluminium in the Middle East, generating X% of total import. It was distantly followed by Oman (X tons), Turkey (X tons) and Israel (X tons), together creating a X% share of total imports. Jordan (X tons) followed a long way behind the leaders.

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

In value terms, the United Arab Emirates ($X), Iraq ($X) and Qatar ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Qatar, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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, flattening at 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 2017 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while Oman ($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 more modest paces of growth.

Source: IndexBox Platform

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