MENA: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in MENA

In 2021, after two years of decline, there was significant growth in the MENA's market for boards, sheets, panels, tiles and similar articles of plaster faced with paper, when its value increased by 17% to $X. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper in MENA

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster faced with paper skyrocketed to $X in 2021 estimated in export price. In general, production continues to indicate a buoyant increase. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Exports in MENA

In 2021, the amount of boards, sheets, panels, tiles and similar articles of plaster faced with paper exported in MENA surged to X square meters, with an increase of 21% compared with 2020 figures. Overall, exports posted buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 35% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper soared to $X in 2021. Over the period under review, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the key exporter of boards, sheets, panels, tiles and similar articles of plaster faced with paper in MENA, with the volume of exports recording X square meters, which was approx. 49% of total exports in 2021. Oman (X square meters) ranks second in terms of the total exports with a 23% share, followed by Saudi Arabia (15%) and the United Arab Emirates (5.8%). Egypt (X square meters) and Iran (X square meters) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to board, sheet, panel and tile faced with paper exports from Turkey stood at +15.8%. At the same time, Egypt (+112.1%), Oman (+36.9%), Saudi Arabia (+19.1%) and the United Arab Emirates (+15.1%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in MENA, with a CAGR of +112.1% from 2012-2021. By contrast, Iran (-5.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Oman, Egypt and Saudi Arabia increased by +18, +3.6 and +3.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest board, sheet, panel and tile faced with paper supplier in MENA, comprising 49% of total exports. The second position in the ranking was held by Oman ($X), with a 23% share of total exports. It was followed by Saudi Arabia, with a 13% share.

In Turkey, exports of boards, sheets, panels, tiles and similar articles of plaster faced with paper expanded at an average annual rate of +17.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Oman (+37.7% per year) and Saudi Arabia (+14.8% per year).

Export Prices by Country

The export price in MENA stood at $X per square meter in 2021, surging by 13% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per square meter in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+1.9%), while the other leaders experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Faced With Paper

Imports in MENA

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster faced with paper were imported in MENA; growing by 8.5% against 2020 figures. Over the period under review, imports showed a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of 30% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster faced with paper soared to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 30% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Iraq (X square meters), distantly followed by Qatar (X square meters), Jordan (X square meters), Libya (X square meters), Bahrain (X square meters), Israel (X square meters), Morocco (X square meters) and Egypt (X square meters) were the largest importers of boards, sheets, panels, tiles and similar articles of plaster faced with paper, together creating 83% of total imports.

From 2012 to 2021, the biggest increases were recorded for Iraq (with a CAGR of +34.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X), Jordan ($X) and Qatar ($X) constituted the countries with the highest levels of imports in 2021, with a combined 46% share of total imports. Israel, Libya, Morocco, Egypt and Bahrain lagged somewhat behind, together comprising a further 35%.

In terms of the main importing countries, Morocco, with a CAGR of +31.9%, 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 square meter in 2021, picking up by 6.8% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. Over the period under review, import prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Jordan ($X per square meter), while Bahrain ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+1.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform