MENA: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2025

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in MENA

In 2021, after eight years of decline, there was significant growth in the MENA's market for articles of asbestos-cement, of cellulose fibre-cement, when its value increased by 7.4% to $X. In general, consumption, however, saw a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in MENA

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement rose significantly to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt contraction. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports in MENA

In 2021, overseas shipments of articles of asbestos-cement, of cellulose fibre-cement decreased by -68.1% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 270%. Over the period under review, the exports of reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement fell sharply to $X in 2021. In general, exports faced a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 452%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lebanon was the key exporting country with an export of around X tons, which reached 57% of total exports. It was distantly followed by the United Arab Emirates (X tons) and Iran (X tons), together committing a 40% share of total exports. Turkey (X kg) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lebanon (with a CAGR of -25.2%), while the other leaders experienced a decline in the exports figures.

In value terms, Lebanon ($X) remains the largest articles of asbestos-cement, of cellulose fibre-cement supplier in MENA, comprising 93% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.3% share of total exports. It was followed by Iran, with a 0.6% share.

In Lebanon, exports of articles of asbestos-cement, of cellulose fibre-cement expanded at an average annual rate of +3.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (-31.8% per year) and Iran (-31.3% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, with an increase of 121% against the previous year. In general, the export price enjoyed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+38.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports in MENA

In 2021, the amount of articles of asbestos-cement, of cellulose fibre-cement imported in MENA skyrocketed to X tons, picking up by 142% on the year before. In general, imports recorded a strong increase. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement skyrocketed to $X in 2021. Over the period under review, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates represented the major importing country with an import of around X tons, which recorded 64% of total imports. Lebanon (X tons) held the second position in the ranking, distantly followed by Turkey (X tons). All these countries together held approx. 27% share of total imports. Israel (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to articles of asbestos-cement, of cellulose fibre-cement imports into the United Arab Emirates stood at +21.6%. At the same time, Turkey (+65.6%), Israel (+63.2%) and Lebanon (+1.9%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in MENA, with a CAGR of +65.6% from 2012-2021. While the share of the United Arab Emirates (+43 p.p.), Turkey (+5.1 p.p.) and Israel (+3.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Lebanon (-12.4 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported articles of asbestos-cement, of cellulose fibre-cement in MENA, comprising 71% of total imports. The second position in the ranking was held by Israel ($X), with a 7.5% share of total imports. It was followed by Lebanon, with a 7.1% share.

In the United Arab Emirates, imports of articles of asbestos-cement, of cellulose fibre-cement increased at an average annual rate of +32.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Israel (+84.8% per year) and Lebanon (+4.7% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, increasing by 4.5% against the previous year. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 114% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Israel ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+13.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform