
GCC - Iron or Steel Towers and Lattice Masts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGCC: Market for Iron Or Steel Towers And Lattice Masts 2025
Market Size for Iron Or Steel Towers And Lattice Masts in GCC
The GCC iron or steel towers market dropped to $X in 2021, reducing by -8.2% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +27.5% against 2019 indices. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.
Production of Iron Or Steel Towers And Lattice Masts in GCC
In value terms, iron or steel towers production shrank rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 171%. Over the period under review, production attained the peak level at $X in 2020, and then dropped rapidly in the following year.
Exports of Iron Or Steel Towers And Lattice Masts
Exports in GCC
Iron or steel towers exports reduced remarkably to X tons in 2021, waning by -55.1% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a slight expansion. The pace of growth appeared the most rapid in 2020 with an increase of 205%. As a result, the exports reached the peak of X tons, and then fell notably in the following year.
In value terms, iron or steel towers exports reduced dramatically to $X in 2021. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 523% against the previous year. As a result, the exports reached the peak of $X, and then dropped dramatically in the following year.
Exports by Country
The United Arab Emirates was the key exporter of iron or steel towers and lattice masts in GCC, with the volume of exports amounting to X tons, which was near 82% of total exports in 2021. It was distantly followed by Saudi Arabia (X tons), generating a 17% share of total exports.
The United Arab Emirates was also the fastest-growing in terms of the iron or steel towers and lattice masts exports, with a CAGR of +24.0% from 2012 to 2021. Saudi Arabia (-15.6%) illustrated a downward trend over the same period. The United Arab Emirates (+69 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by -69.2% from 2012 to 2021, respectively.
In value terms, the United Arab Emirates ($X) remains the largest iron or steel towers supplier in GCC, comprising 89% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 10% share of total exports.
In the United Arab Emirates, iron or steel towers exports expanded at an average annual rate of +27.6% over the period from 2012-2021.
Export Prices by Country
The export price in GCC stood at $X per ton in 2021, with a decrease of -14.8% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the export price increased by 104% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.9%).
Imports of Iron Or Steel Towers And Lattice Masts
Imports in GCC
After two years of growth, supplies from abroad of iron or steel towers and lattice masts decreased by -25.8% to X tons in 2021. Over the period under review, imports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2015 when imports increased by 54%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.
In value terms, iron or steel towers imports dropped sharply to $X in 2021. In general, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 42%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.
Imports by Country
Oman (X tons) and Saudi Arabia (X tons) represented the key importers of iron or steel towers and lattice masts in 2021, resulting at approx. 34% and 33% of total imports, respectively. It was distantly followed by the United Arab Emirates (X tons), Kuwait (X tons) and Qatar (X tons), together committing a 32% share of total imports.
From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +23.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest iron or steel towers importing markets in GCC were Saudi Arabia ($X), Oman ($X) and the United Arab Emirates ($X), with a combined 78% share of total imports. These countries were followed by Kuwait and Qatar, which together accounted for a further 19%.
Among the main importing countries, Kuwait, with a CAGR of +14.7%, 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 mixed trends in the imports figures.
Import Prices by Country
In 2021, the import price in GCC amounted to $X per ton, reducing by -2.1% against the previous year. Over the period under review, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per ton), while Kuwait ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-0.8%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for iron or steel towers in GCC. 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 25112200 - Iron or steel towers and lattice masts
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in GCC, split by region and country
- Trade (exports and imports) in GCC
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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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
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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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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