Middle East: Market for Refractory Bricks, Blocks and Tiles 2024

Market Size for Refractory Bricks, Blocks and Tiles in the Middle East

The Middle Eastern market for refractory bricks, blocks and tiles rose slightly to $X in 2023, growing by X% against the previous year. Overall, consumption showed a slight curtailment. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Production of Refractory Bricks, Blocks and Tiles in the Middle East

In value terms, refractory bricks, blocks and tiles production totaled $X in 2023 estimated in export price. In general, production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Refractory Bricks, Blocks and Tiles

Exports in the Middle East

In 2023, the amount of refractory bricks, blocks and tiles exported in the Middle East dropped to X tons, with a decrease of X% on the previous year's figure. Overall, exports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, refractory bricks, blocks and tiles exports contracted to $X in 2023. Total exports indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2022, and then contracted in the following year.

Exports by Country

In 2023, Turkey (X tons) represented the major exporter of refractory bricks, blocks and tiles, constituting 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 Iran (X%). Saudi Arabia (X tons) held a minor share of total exports.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2023. At the same time, Iran (X%), the United Arab Emirates (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. While the share of the United Arab Emirates (X p.p.) and Iran (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest refractory bricks, blocks and tiles supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

In Turkey, refractory bricks, blocks and tiles exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, picking up by X% against the previous year. Export price indicated a notable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, refractory bricks, blocks and tiles export price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Refractory Bricks, Blocks and Tiles

Imports in the Middle East

After two years of decline, purchases abroad of refractory bricks, blocks and tiles increased by X% to X tons in 2023. Overall, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, refractory bricks, blocks and tiles imports amounted to $X in 2023. In general, imports, however, saw a mild slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, the United Arab Emirates (X tons) and Turkey (X tons) were the major importers of refractory bricks, blocks and tiles in the Middle East, together recording near X% of total imports. Saudi Arabia (X tons) held the next position in the ranking, followed by Oman (X tons), Iran (X tons), Iraq (X tons) and Bahrain (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the United Arab Emirates (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) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of the main importing countries, Turkey, 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 more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, with an increase of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2022 an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform