Middle East: Worked Slate Market 2024

Worked Slate Market Size in the Middle East

In 2022, the Middle Eastern worked slate market decreased by X% to $X, falling for the second year in a row after six years of growth. The total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Worked Slate Production in the Middle East

In value terms, worked slate production reached $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Worked Slate Exports

Exports in the Middle East

In 2022, shipments abroad of worked slate increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a perceptible curtailment. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, worked slate exports soared to $X in 2022. Overall, exports recorded a temperate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates represented the main exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Turkey (X tons) and Oman (X tons), together creating a X% share of total exports. The following exporters - Palestine (X tons), Iran (X tons) and Syrian Arab Republic (X tons) - each accounted for a X% share of total exports.

Exports from the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2022. At the same time, Iran (X%), Syrian Arab Republic (X%) and Turkey (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 2012-2022. By contrast, Oman (X%) and Palestine (X%) illustrated a downward trend over the same period. Turkey (X p.p.), Palestine (X p.p.), Iran (X p.p.) and Syrian Arab Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Oman and the United Arab Emirates saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) emerged as the largest worked slate supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with an X% share of total exports. It was followed by Palestine, with a X% share.

In the United Arab Emirates, worked slate exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Palestine (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Oman ($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.

Worked Slate Imports

Imports in the Middle East

In 2022, the amount of worked slate imported in the Middle East declined rapidly to X tons, which is down by X% on the previous year. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, worked slate imports contracted to $X in 2022. In general, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons) and Iraq (X tons) represented the key importers of worked slate in 2022, amounting to near X% and X% of total imports, respectively. It was distantly followed by Kuwait (X tons), Israel (X tons), Turkey (X tons), Oman (X tons) and Qatar (X tons), together achieving a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iraq ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Turkey, 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 a decline in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price recorded strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, 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

Frequently Asked Questions (FAQ) :