Report GCC - U-Sections of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

GCC - U-Sections of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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GCC: Non-Alloy Steel U-Section Market 2025

Non-Alloy Steel U-Section Market Size in GCC

The GCC non-alloy steel u-section market shrank sharply to $X in 2022, reducing by -31.4% against the previous year. In general, consumption, however, recorded a deep contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Alloy Steel U-Section Production in GCC

In value terms, non-alloy steel u-section production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a significant increase. The pace of growth was the most pronounced in 2013 when the production volume increased by 786% against the previous year. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Non-Alloy Steel U-Section Exports

Exports in GCC

In 2022, shipments abroad of u-sections of non-alloy steel decreased by -0.2% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 76% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, non-alloy steel u-section exports declined to $X in 2022. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 98%. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Oman was the key exporting country with an export of about X tons, which recorded 73% of total exports. It was distantly followed by the United Arab Emirates (X tons), mixing up a 26% share of total exports.

Oman was also the fastest-growing in terms of the u-sections of non-alloy steel exports, with a CAGR of +60.7% from 2012 to 2022. The United Arab Emirates experienced a relatively flat trend pattern. From 2012 to 2022, the share of Oman increased by +71 percentage points.

In value terms, Oman ($X) remains the largest non-alloy steel u-section supplier in GCC, comprising 66% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 30% share of total exports.

In Oman, non-alloy steel u-section exports expanded at an average annual rate of +57.6% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, declining by -13.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by 46%. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.5%).

Non-Alloy Steel U-Section Imports

Imports in GCC

Non-alloy steel u-section imports dropped dramatically to X tons in 2022, waning by -30% compared with 2021 figures. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 15%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, non-alloy steel u-section imports reduced markedly to $X in 2022. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 24%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, reaching X tons, which was near 80% of total imports in 2022. Qatar (X tons) held the second position in the ranking, followed by Oman (X tons) and Kuwait (X tons). All these countries together held approx. 18% share of total imports. Bahrain (X tons) held a relatively small share of total imports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of u-sections of non-alloy steel. At the same time, Kuwait (+10.1%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of +10.1% from 2012-2022. Bahrain experienced a relatively flat trend pattern. By contrast, Qatar (-3.7%) and Oman (-11.3%) illustrated a downward trend over the same period. The United Arab Emirates (+44 p.p.), Kuwait (+4.4 p.p.), Qatar (+2.9 p.p.) and Bahrain (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Oman saw its share reduced by -2% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported u-sections of non-alloy steel in GCC, comprising 74% of total imports. The second position in the ranking was taken by Qatar ($X), with a 9.8% share of total imports. It was followed by Kuwait, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled -1.8%. In the other countries, the average annual rates were as follows: Qatar (-1.5% per year) and Kuwait (+12.7% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, falling by -11.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Bahrain ($X per ton) and Qatar ($X per ton), while the United Arab Emirates ($X per ton) and Oman ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the non-alloy steel u-section market 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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