Middle East: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in the Middle East

The Middle Eastern market for tiles, flagstones and similar articles of cement, concrete or artificial stone expanded modestly to $X in 2023, with an increase of X% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in the Middle East

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X in 2023 estimated in export price. Over the period under review, production, however, saw tangible growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

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Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports in the Middle East

In 2023, shipments abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by X% to X tons for the first time since 2017, thus ending a five-year declining trend. In general, exports, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone dropped remarkably to $X in 2023. Over the period under review, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Israel (X tons) and Turkey (X tons) represented the largest exporters of tiles, flagstones and similar articles of cement, concrete or artificial stone in the Middle East, together accounting for near X% of total exports. The United Arab Emirates (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Saudi Arabia (X%) and Oman (X%).

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with an X% share of total exports. It was followed by Oman, with an X% share.

In Israel, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone plunged by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, shrinking by X% against the previous year. Overall, the export price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then dropped sharply 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 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.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports in the Middle East

In 2023, purchases abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by X% to X tons, falling for the sixth year in a row after two years of growth. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone reduced to $X in 2023. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone in 2023 were Israel (X tons), the United Arab Emirates (X tons) and Bahrain (X tons), together amounting to X% of total import. Iraq (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (X%) and Saudi Arabia (X%). Lebanon (X tons) took a little share of total imports.

From 2012 to 2023, the biggest increases were recorded for Bahrain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tiles, flagstones and similar articles of cement, concrete or artificial stone importing markets in the Middle East were the United Arab Emirates ($X), Israel ($X) and Bahrain ($X), together comprising X% of total imports.

Among the main importing countries, Bahrain, with a CAGR of X%, recorded 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

The import price in the Middle East stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2023, 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