MENA: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in MENA

The MENA's market for building blocks and bricks of cement, concrete or artificial stone dropped to $X in 2021, waning by -5.2% against the previous year. The market value increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020, and then shrank in the following year.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in MENA

In value terms, production of building blocks and bricks of cement, concrete or artificial stone contracted to $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +54.8% against 2012 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 13%. As a result, production reached the peak level of $X, and then dropped in the following year.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports in MENA

In 2021, shipments abroad of building blocks and bricks of cement, concrete or artificial stone increased by 126% to X tons, rising for the second consecutive year after four years of decline. In general, exports showed a resilient expansion. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey prevails in stone structure, finishing at X tons, which was near 92% of total exports in 2021. The United Arab Emirates (X tons), Palestine (X tons) and Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to building blocks and bricks of cement, concrete or artificial stone exports from Turkey stood at +10.6%. At the same time, the United Arab Emirates (+10.8%), Palestine (+7.3%) and Kuwait (+7.0%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of +10.8% from 2012-2021. From 2012 to 2021, the share of Turkey increased by +29 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest building blocks and bricks of cement, concrete or artificial stone supplier in MENA, comprising 87% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 3.2% share of total exports. It was followed by Palestine, with a 3.1% share.

From 2012 to 2021, the average annual growth rate of value in Turkey stood at +1.8%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+4.2% per year) and Palestine (+6.2% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, increasing by 11% against the previous year. Overall, the export price, however, recorded a deep reduction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Palestine (-1.1%), while the other leaders experienced a decline in the export price figures.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports in MENA

Imports of building blocks and bricks of cement, concrete or artificial stone contracted to X tons in 2021, falling by -7.5% against the previous year's figure. Total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -42.6% against 2016 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 126% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021. Over the period under review, imports, however, recorded a slight increase. The most prominent rate of growth was recorded in 2013 when imports increased by 75% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Iraq was the key importer of building blocks and bricks of cement, concrete or artificial stone in MENA, with the volume of imports accounting for X tons, which was near 52% of total imports in 2021. Israel (X tons) took a 34% share (based on physical terms) of total imports, which put it in second place, followed by Oman (4.7%). The following importers - Saudi Arabia (X tons) and Bahrain (X tons) - each reached a 3.2% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Israel (with a CAGR of +60.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Iraq ($X) and Oman ($X) were the countries with the highest levels of imports in 2021, with a combined 81% share of total imports.

Among the main importing countries, Israel, with a CAGR of +43.4%, 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, rising by 24% against the previous year. In general, the import price, however, recorded a mild descent. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Saudi Arabia ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform