MENA: Concrete-Mixer Lorry Market 2025

Concrete-Mixer Lorry Market Size in MENA

After two years of growth, the MENA's concrete-mixer lorry market decreased by -13.8% to $X in 2022. Over the period under review, consumption continues to indicate a deep slump. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Concrete-Mixer Lorry Production in MENA

In value terms, concrete-mixer lorry production rose markedly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 29%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Concrete-Mixer Lorry Exports

Exports in MENA

In 2022, overseas shipments of concrete-mixer lorries were finally on the rise to reach X units after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 69% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, concrete-mixer lorry exports stood at $X in 2022. Overall, exports posted a measured increase. The pace of growth was the most pronounced in 2018 when exports increased by 58% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey dominates exports structure, amounting to X units, which was near 71% of total exports in 2022. It was distantly followed by Kuwait (X units), achieving a 6% share of total exports. The following exporters - the United Arab Emirates (X units), Jordan (X units), Yemen (X units), Oman (X units) and Lebanon (X units) - together made up 18% of total exports.

Exports from Turkey increased at an average annual rate of +7.2% from 2012 to 2022. At the same time, Kuwait (+19.1%), Yemen (+12.8%) and Lebanon (+5.0%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in MENA, with a CAGR of +19.1% from 2012-2022. Oman experienced a relatively flat trend pattern. By contrast, Jordan (-6.2%) and the United Arab Emirates (-16.0%) illustrated a downward trend over the same period. While the share of Turkey (+33 p.p.), Kuwait (+4.9 p.p.) and Yemen (+2.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Jordan (-4.3 p.p.) and the United Arab Emirates (-22.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest concrete-mixer lorry supplier in MENA, comprising 82% of total exports. The second position in the ranking was held by Kuwait ($X), with a 4.4% share of total exports. It was followed by Jordan, with a 3.8% share.

In Turkey, concrete-mixer lorry exports expanded at an average annual rate of +7.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kuwait (+37.2% per year) and Jordan (-3.5% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, rising by 3.9% against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete-mixer lorry export price increased by +61.2% against 2019 indices. The growth pace was the most rapid in 2014 when the export price increased by 53%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, 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 ($X per unit), while Yemen ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+15.2%), while the other leaders experienced more modest paces of growth.

Concrete-Mixer Lorry Imports

Imports in MENA

Concrete-mixer lorry imports contracted significantly to X units in 2022, shrinking by -15.9% against the previous year's figure. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, concrete-mixer lorry imports contracted sharply to $X in 2022. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X units), distantly followed by Saudi Arabia (X units), Iraq (X units), Morocco (X units), the United Arab Emirates (X units) and Libya (X units) were the major importers of concrete-mixer lorries, together making up 75% of total imports. The following importers - Israel (X units), Palestine (X units), Djibouti (X units), Jordan (X units), Kuwait (X units), Oman (X units) and Syrian Arab Republic (X units) - together made up 18% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Egypt (with a CAGR of +14.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Saudi Arabia ($X) and Iraq ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 52% of total imports.

Egypt, with a CAGR of +15.5%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 unit in 2022, flattening at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by 14% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per unit), while Syrian Arab Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform