MENA: Market for Metal Windows And Doors 2024

Market Size for Metal Windows And Doors in MENA

In 2021, the MENA's metal window and door market decreased by -4.7% to $X, falling for the third year in a row after five years of growth. The market value increased at an average annual rate of +3.7% 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 market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Metal Windows And Doors in MENA

In value terms, metal window and door production contracted slightly to $X in 2021 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +54.2% against 2012 indices. The growth pace was the most rapid in 2014 with an increase of 15% against the previous year. The level of production peaked at $X in 2020, and then declined modestly in the following year.

Exports of Metal Windows And Doors

Exports in MENA

In 2021, shipments abroad of metal windows and doors increased by 77% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal window and door exports surged to $X in 2021. Over the period under review, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, recording X tons, which was near 87% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), generating a 5.8% share of total exports.

Turkey was also the fastest-growing in terms of the metal windows and doors exports, with a CAGR of +18.2% from 2012 to 2021. The United Arab Emirates (-2.6%) illustrated a downward trend over the same period. While the share of Turkey (+30 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United Arab Emirates (-16.2 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest metal window and door supplier in MENA, comprising 82% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 6.9% share of total exports.

In Turkey, metal window and door exports expanded at an average annual rate of +15.2% over the period from 2012-2021.

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, picking up by 9.2% against the previous year. Overall, the export price, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2019 when the export price increased by 13% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.8%).

Imports of Metal Windows And Doors

Imports in MENA

In 2021, purchases abroad of metal windows and doors increased by 25% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, recorded a relatively flat trend pattern. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, metal window and door imports surged to $X in 2021. Total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 61%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Iraq (X tons), followed by Saudi Arabia (X tons), the United Arab Emirates (X tons), Egypt (X tons), Qatar (X tons), Turkey (X tons), Libya (X tons), Algeria (X tons), Morocco (X tons) and Oman (X tons) represented the major importers of metal windows and doors, together making up 79% of total imports. The following importers - Israel (X tons), Kuwait (X tons) and Tunisia (X tons) - together made up 9.8% of total imports.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +17.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal window and door importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Iraq ($X), with a combined 36% share of total imports. These countries were followed by Saudi Arabia, Egypt, Qatar, Kuwait, Israel, Morocco, Algeria, Libya, Oman and Tunisia, which together accounted for a further 55%.

Egypt, with a CAGR of +18.8%, recorded 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 ton in 2021, picking up by 2.4% against the previous year. Import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal window and door import price increased by +30.2% against 2015 indices. The most prominent rate of growth was recorded in 2014 when the import price increased by 47% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

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 Kuwait ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+11.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform