MENA: Bridge Market 2025

Bridge Market Size in MENA

In 2021, the MENA's bridge market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Bridge Production in MENA

In value terms, bridge production shrank to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 18% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Bridge Exports

Exports in MENA

In 2021, after three years of growth, there was decline in shipments abroad of bridges, bridge sections, towers and lattice masts (of iron or steel), when their volume decreased by -4% to X tons. The total export volume increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by 10%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then shrank slightly in the following year.

In value terms, bridge exports expanded notably to $X in 2021. Total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +74.1% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

In 2021, Turkey (X tons) was the largest exporter of bridges, bridge sections, towers and lattice masts (of iron or steel), committing 50% of total exports. Bahrain (X tons) held a 31% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (8.4%) and Saudi Arabia (5.8%). Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of +8.2%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Turkey ($X) remains the largest bridge supplier in MENA, comprising 57% of total exports. The second position in the ranking was held by Bahrain ($X), with a 19% share of total exports. It was followed by the United Arab Emirates, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey totaled +7.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Bahrain (+5.0% per year) and the United Arab Emirates (+10.1% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, rising by 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2020 an increase of 24%. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+6.4%), while the other leaders experienced mixed trends in the export price figures.

Bridge Imports

Imports in MENA

In 2021, purchases abroad of bridges, bridge sections, towers and lattice masts (of iron or steel) decreased by -24.6% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 19%. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, bridge imports shrank to $X in 2021. Overall, imports recorded a slight setback. The pace of growth appeared the most rapid in 2013 with an increase of 23%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) represented the major importer of bridges, bridge sections, towers and lattice masts (of iron or steel), making up 42% of total imports. Iraq (X tons) held the second position in the ranking, distantly followed by Oman (X tons) and the United Arab Emirates (X tons). All these countries together held near 37% share of total imports. The following importers - Kuwait (X tons), Bahrain (X tons), Turkey (X tons), Morocco (X tons), Qatar (X tons) and Yemen (X tons) - together made up 15% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bahrain (with a CAGR of +19.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Iraq ($X) and Oman ($X) were the countries with the highest levels of imports in 2021, together accounting for 58% of total imports. These countries were followed by Turkey, the United Arab Emirates, Kuwait, Bahrain, Morocco, Qatar and Yemen, which together accounted for a further 31%.

In terms of the main importing countries, Bahrain, with a CAGR of +14.6%, 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

The import price in MENA stood at $X per ton in 2021, increasing by 18% against the previous year. In general, the import price, however, recorded a slight slump. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform