MENA: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2024

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in MENA

The MENA's market for articles of cellulose fibre-cement, not containing asbestos was estimated at $X in 2022, remaining stable against the previous year. Over the period under review, consumption, however, posted buoyant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in MENA

In value terms, production of articles of cellulose fibre-cement, not containing asbestos totaled $X in 2022 estimated in export price. Overall, production enjoyed strong growth. The pace of growth was the most pronounced in 2016 with an increase of 53%. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports in MENA

In 2022, shipments abroad of articles of cellulose fibre-cement, not containing asbestos increased by 82% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 154%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos rose remarkably to $X in 2022. In general, exports saw prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 110% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Turkey represented the main exporting country with an export of about X tons, which finished at 61% of total exports. Iran (X tons) held a 16% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (9.8%) and Saudi Arabia (8.1%). The following exporters - Israel (X tons) and Egypt (X tons) - each recorded a 3.5% share of total exports.

Turkey was also the fastest-growing in terms of the articles of cellulose fibre-cement, not containing asbestos exports, with a CAGR of +44.5% from 2012 to 2022. At the same time, Iran (+19.3%), Saudi Arabia (+13.8%), Israel (+12.6%), Egypt (+3.6%) and the United Arab Emirates (+3.4%) displayed positive paces of growth. Turkey (+54 p.p.) and Iran (+3.4 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia, Egypt and the United Arab Emirates saw its share reduced by -2.1%, -3.4% and -22.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest articles of cellulose fibre-cement, not containing asbestos supplying countries in MENA were the United Arab Emirates ($X), Turkey ($X) and Iran ($X), with a combined 70% share of total exports.

Iran, with a CAGR of +22.9%, recorded the highest growth rate of the value of exports, in terms of 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

The export price in MENA stood at $X per ton in 2022, with a decrease of -37.1% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 15%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.3%), while the other leaders experienced more modest paces of growth.

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports in MENA

Imports of articles of cellulose fibre-cement, not containing asbestos reduced dramatically to X tons in 2022, dropping by -55.7% compared with the previous year. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos fell sharply to $X in 2022. Overall, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 56% against the previous year. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Oman (X tons) and Iraq (X tons) represented the major importers of articles of cellulose fibre-cement, not containing asbestos in 2022, accounting for near 31% and 28% of total imports, respectively. It was distantly followed by Egypt (X tons), creating a 15% share of total imports. Kuwait (X tons), Lebanon (X tons), Jordan (X tons), Morocco (X tons), the United Arab Emirates (X tons), Israel (X tons), Qatar (X tons) and Yemen (X tons) held a little 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 Yemen (with a CAGR of +32.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest articles of cellulose fibre-cement, not containing asbestos importing markets in MENA were Iraq ($X), Oman ($X) and Lebanon ($X), together accounting for 66% of total imports. Jordan, Kuwait, the United Arab Emirates, Israel, Morocco, Qatar, Yemen and Egypt lagged somewhat behind, together accounting for a further 21%.

Among the main importing countries, Israel, with a CAGR of +24.8%, saw the highest growth rate of 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 MENA stood at $X per ton in 2022, waning by -2.2% against the previous year. In general, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of 35% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Egypt ($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 (+20.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform