MENA: Market for Base Metal Fittings For Loose-Leaf Binders Or Files 2025

Market Size for Base Metal Fittings For Loose-Leaf Binders Or Files in MENA

In 2022, the MENA's loose-leaf binder metal fitting market increased by 1% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption continues to indicate a pronounced decline. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Base Metal Fittings For Loose-Leaf Binders Or Files in MENA

In value terms, loose-leaf binder metal fitting production totaled $X in 2022 estimated in export price. Overall, production saw a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 64%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Base Metal Fittings For Loose-Leaf Binders Or Files

Exports in MENA

In 2022, the amount of base metal fittings for loose-leaf binders or files exported in MENA declined to X tons, remaining stable against 2021. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting exports contracted rapidly to $X in 2022. Over the period under review, exports saw a noticeable decline. The growth pace was the most rapid in 2021 when exports increased by 163%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey represented the major exporting country with an export of around X tons, which reached 60% of total exports. Israel (X tons) took the second position in the ranking, followed by Egypt (X tons) and the United Arab Emirates (X tons). All these countries together held near 30% share of total exports. Syrian Arab Republic (X tons), Jordan (X tons) and Iran (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to loose-leaf binder metal fitting exports from Turkey stood at -14.2%. At the same time, Jordan (+27.1%), Syrian Arab Republic (+23.1%), Egypt (+14.4%) and Iran (+2.6%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of +27.1% from 2012-2022. By contrast, Israel (-4.4%) and the United Arab Emirates (-20.0%) illustrated a downward trend over the same period. Egypt (+8.7 p.p.), Israel (+8.7 p.p.), Syrian Arab Republic (+3.5 p.p.) and Jordan (+2.2 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Turkey saw its share reduced by -8.6% and -16% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X), Turkey ($X) and Egypt ($X) were the countries with the highest levels of exports in 2022, with a combined 84% share of total exports.

Egypt, with a CAGR of +19.8%, recorded the highest rates of growth with regard to the value of exports, among 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, declining by -29.4% against the previous year. Over the period under review, the export price, however, recorded strong growth. The growth pace was the most rapid in 2021 when the export price increased by 165% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Syrian Arab Republic ($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 (+16.9%), while the other leaders experienced more modest paces of growth.

Imports of Base Metal Fittings For Loose-Leaf Binders Or Files

Imports in MENA

In 2022, the amount of base metal fittings for loose-leaf binders or files imported in MENA dropped to X tons, with a decrease of -7.5% compared with the year before. In general, imports showed a deep reduction. The growth pace was the most rapid in 2017 when imports increased by 8.9%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, loose-leaf binder metal fitting imports expanded to $X in 2022. Over the period under review, imports recorded a perceptible reduction. The growth pace was the most rapid in 2014 when imports increased by 17%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey dominates imports structure, finishing at X tons, which was approx. 57% of total imports in 2022. Egypt (X tons) ranks second in terms of the total imports with a 9.4% share, followed by Israel (6%), the United Arab Emirates (5.5%), Iran (5%) and Tunisia (5%). Algeria (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to loose-leaf binder metal fitting imports into Turkey stood at -3.1%. At the same time, Tunisia (+15.8%) and Algeria (+7.2%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing importer imported in MENA, with a CAGR of +15.8% from 2012-2022. By contrast, Egypt (-5.2%), the United Arab Emirates (-5.7%), Iran (-5.9%) and Israel (-9.0%) illustrated a downward trend over the same period. While the share of Turkey (+12 p.p.), Tunisia (+4.3 p.p.) and Algeria (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Israel (-3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported base metal fittings for loose-leaf binders or files in MENA, comprising 57% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 9.8% share of total imports. It was followed by Egypt, with a 9.2% share.

In Turkey, loose-leaf binder metal fitting imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (-1.4% per year) and Egypt (-5.0% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2018 an increase of 14% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Iran ($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 (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform