Middle East - Welded and Cold-Formed Sections of Steel - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMiddle East: Market for Welded And Cold-Formed Sections Of Steel 2024
Market Size for Welded And Cold-Formed Sections Of Steel in the Middle East
The Middle Eastern market for welded and cold-formed sections of steel rose notably to $X in 2022, increasing by X% against the previous year. Overall, consumption recorded a buoyant expansion. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.
Production of Welded And Cold-Formed Sections Of Steel in the Middle East
In value terms, welded and cold-formed steel sections production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.
Exports of Welded And Cold-Formed Sections Of Steel
Exports in the Middle East
In 2022, approx. X tons of welded and cold-formed sections of steel were exported in the Middle East; picking up by X% on 2021 figures. In general, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, welded and cold-formed steel sections exports soared to $X in 2022. Over the period under review, exports posted buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
Exports by Country
Oman was the key exporting country with an export of around X tons, which resulted at X% of total exports. Bahrain (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (X%), Saudi Arabia (X%) and Turkey (X%). The following exporters - Jordan (X tons) and Kuwait (X tons) - each resulted at a X% share of total exports.
From 2012 to 2022, average annual rates of growth with regard to welded and cold-formed steel sections exports from Oman stood at X%. At the same time, Bahrain (X%), Jordan (X%), the United Arab Emirates (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) and Kuwait (X%) illustrated a downward trend over the same period. Oman (X p.p.), Bahrain (X p.p.), the United Arab Emirates (X p.p.), Kuwait (X p.p.) and Jordan (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey and Saudi Arabia saw its share reduced by X% and X% from 2012 to 2022, respectively.
In value terms, the United Arab Emirates ($X), Bahrain ($X) and Jordan ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.
Jordan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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, declining by X% against the previous year. Overall, the export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then dropped markedly in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Jordan ($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 Jordan (X%), while the other leaders experienced more modest paces of growth.
Imports of Welded And Cold-Formed Sections Of Steel
Imports in the Middle East
In 2022, the amount of welded and cold-formed sections of steel imported in the Middle East soared to X tons, increasing by X% on 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.
In value terms, welded and cold-formed steel sections imports soared to $X in 2022. In general, imports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.
Imports by Country
Saudi Arabia was the major importer of welded and cold-formed sections of steel in the Middle East, with the volume of imports recording X tons, which was near X% of total imports in 2022. The United Arab Emirates (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Iraq (X%). The following importers - Oman (X tons), Bahrain (X tons) and Kuwait (X tons) - together made up X% of total imports.
Imports into Saudi Arabia increased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), the United Arab Emirates (X%) and Oman (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Bahrain (X%) and Kuwait (X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X p.p.), Iraq (X p.p.), the United Arab Emirates (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bahrain (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest welded and cold-formed steel sections importing markets in the Middle East were Saudi Arabia ($X), Iraq ($X) and the United Arab Emirates ($X), with a combined X% share of total imports.
Iraq, with a CAGR of X%, saw 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
In 2022, the import price in the Middle East amounted to $X per ton, approximately reflecting the previous year. In general, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for welded and cold-formed steel sections in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24107420 - Welded and cold-formed sections (of steel)
- Prodcom 2410T260 - Welded sections
Country coverage:
- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in the Middle East, split by region and country
- Trade (exports and imports) in the Middle East
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
Recommended reports
This report provides an in-depth analysis of the market for welded and cold-formed steel sections in Asia.
This report provides an in-depth analysis of the market for welded and cold-formed steel sections in the U.S..
This report provides an in-depth analysis of the market for welded and cold-formed steel sections in China.
This report provides an in-depth analysis of the market for welded and cold-formed steel sections in the EU.
This report provides an in-depth analysis of the global market for welded and cold-formed steel sections.