MENA: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in MENA

The MENA's market for boards, sheets, panels, tiles and similar articles of plaster not faced rose rapidly to $X in 2021, picking up by 11% against the previous year. Overall, consumption, however, recorded a slight contraction. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in MENA

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021 estimated in export price. Overall, production saw a mild increase. The growth pace was the most rapid in 2019 when the production volume increased by 30% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth remained at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports in MENA

Exports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to X square meters in 2021, rising by 30% compared with the year before. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports of reached the maximum at X square meters in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. Over the period under review, exports, however, showed a slight setback. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X square meters) and Turkey (X square meters) were the largest exporters of boards, sheets, panels, tiles and similar articles of plaster not faced in 2021, resulting at near 39% and 34% of total exports, respectively. It was distantly followed by the United Arab Emirates (X square meters), generating a 22% share of total exports. Algeria (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +8.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2021, together accounting for 92% of total exports.

In terms of the main exporting countries, Turkey, with a CAGR of +9.1%, recorded the highest growth rate of the value of exports, 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 square meter, increasing by 9.5% against the previous year. In general, the export price, however, recorded a noticeable descent. Over the period under review, the export prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2021, 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 Turkey ($X per square meter), while Saudi Arabia ($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 Turkey (+0.4%), while the other leaders experienced a decline in the export price figures.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports in MENA

After two years of decline, purchases abroad of boards, sheets, panels, tiles and similar articles of plaster not faced increased by 17% to X square meters in 2021. In general, imports, however, saw a abrupt setback. Over the period under review, imports of reached the peak figure at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced soared to $X in 2021. Over the period under review, imports, however, recorded a abrupt setback. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the major importer of boards, sheets, panels, tiles and similar articles of plaster not faced in MENA, with the volume of imports recording X square meters, which was approx. 52% of total imports in 2021. It was distantly followed by Iraq (X square meters), mixing up a 13% share of total imports. The following importers - Israel (X square meters), Oman (X square meters), Turkey (X square meters), Morocco (X square meters), Libya (X square meters), Saudi Arabia (X square meters), Algeria (X square meters), Egypt (X square meters) and Jordan (X square meters) - together made up 29% of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +8.0% from 2012 to 2021. At the same time, Morocco (+20.6%), Israel (+10.7%) and Algeria (+8.2%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of +20.6% from 2012-2021. By contrast, Libya (-3.7%), Oman (-4.5%), Turkey (-5.0%), Egypt (-11.4%), Saudi Arabia (-17.1%), Iraq (-17.5%) and Jordan (-17.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United Arab Emirates, Israel, Morocco and Algeria increased by +39, +3.3, +3.2 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported boards, sheets, panels, tiles and similar articles of plaster not faced in MENA, comprising 41% of total imports. The second position in the ranking was held by Iraq ($X), with an 11% share of total imports. It was followed by Turkey, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates amounted to +8.0%. In the other countries, the average annual rates were as follows: Iraq (-14.1% per year) and Turkey (-5.3% per year).

Import Prices by Country

The import price in MENA stood at $X per square meter in 2021, with an increase of 2.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 an increase of 9.9% against the previous year. Over the period under review, import prices attained the peak figure at $X per square meter in 2018; afterwards, it flattened through to 2021.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per square meter), while the United Arab Emirates ($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 Algeria (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform