MENA: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in MENA

In 2021, the MENA's market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -70.3% to $X, falling for the second consecutive year after eight years of growth. Overall, consumption, however, recorded a measured increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in MENA

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders surged to $X in 2021 estimated in export price. In general, production, however, enjoyed a prominent increase. The growth pace was the most rapid in 2018 when the production volume increased by 123% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in MENA

In 2021, shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decline. Over the period under review, the exports of hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders skyrocketed to $X in 2021. In general, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2016 when exports increased by 57% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

In 2021, Turkey (X tons) was the key exporter of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, committing 64% of total exports. Saudi Arabia (X tons) took the second position in the ranking, followed by the United Arab Emirates (X tons). All these countries together held approx. 33% share of total exports.

Turkey was also the fastest-growing in terms of the boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports, with a CAGR of +13.0% from 2012 to 2021. Saudi Arabia (-8.3%) and the United Arab Emirates (-30.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey and Saudi Arabia increased by +59 and +9.2 percentage points, respectively.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplying countries in MENA were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined 84% share of total exports.

Turkey, with a CAGR of +7.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, with a decrease of -28.7% against the previous year. In general, the export price, however, posted a mild increase. The most prominent rate of growth was recorded in 2016 when the export price increased by 44%. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.6%), while the other leaders experienced a decline in the export price figures.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in MENA

In 2021, after six years of decline, there was significant growth in supplies from abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, when their volume increased by 22% to X tons. In general, imports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 29%. Over the period under review, imports of reached the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders skyrocketed to $X in 2021. Over the period under review, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by 20%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in 2021 were Israel (X tons), Algeria (X tons), the United Arab Emirates (X tons) and Egypt (X tons), together amounting to 69% of total import. Bahrain (X tons), Qatar (X tons), Iran (X tons), Kuwait (X tons), Palestine (X tons), Jordan (X tons), Oman (X tons), Turkey (X tons) and Djibouti (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Djibouti (with a CAGR of +47.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders importing markets in MENA were the United Arab Emirates ($X), Israel ($X) and Algeria ($X), with a combined 48% share of total imports. Egypt, Kuwait, Qatar, Iran, Djibouti, Turkey, Bahrain, Jordan, Palestine and Oman lagged somewhat behind, together accounting for a further 44%.

In terms of the main importing countries, Djibouti, with a CAGR of +37.6%, saw the highest rates of growth with regard to 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

In 2021, the import price in MENA amounted to $X per ton, which is down by -3.5% against the previous year. In general, the import price, however, showed a noticeable expansion. The pace of growth appeared the most rapid in 2018 an increase of 94% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices failed to regain momentum.

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 Djibouti ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+20.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform