MENA: Hot-Dipped Metal-Coated Sheet Market 2025

Hot-Dipped Metal-Coated Sheet Market Size in MENA

In 2021, the MENA's hot-dipped metal-coated sheet market increased by 5.3% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Hot-Dipped Metal-Coated Sheet Production in MENA

In value terms, hot-dipped metal-coated sheet production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 24%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Hot-Dipped Metal-Coated Sheet Exports

Exports in MENA

Hot-dipped metal-coated sheet exports skyrocketed to X tons in 2021, growing by 136% compared with the year before. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hot-dipped metal-coated sheet exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was near 85% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), mixing up a 7.2% share of total exports. The following exporters - Tunisia (X tons) and Egypt (X tons) - each resulted at a 4.7% share of total exports.

Turkey was also the fastest-growing in terms of the hot-dipped metal-coated sheet exports, with a CAGR of +30.3% from 2012 to 2021. At the same time, the United Arab Emirates (+12.3%), Egypt (+10.9%) and Tunisia (+8.7%) displayed positive paces of growth. While the share of Turkey (+37 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Egypt (-3.2 p.p.), Tunisia (-4.7 p.p.) and the United Arab Emirates (-8.3 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest hot-dipped metal-coated sheet supplier in MENA, comprising 86% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.9% share of total exports. It was followed by Tunisia, with a 2.4% share.

In Turkey, hot-dipped metal-coated sheet exports increased at an average annual rate of +34.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+12.8% per year) and Tunisia (+12.2% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, picking up by 68% against the previous year. Export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Turkey ($X per ton) and Egypt ($X per ton), while the United Arab Emirates ($X per ton) and Tunisia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+3.3%), while the other leaders experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports

Imports in MENA

After two years of decline, supplies from abroad of hot-dipped metal-coated sheet increased by 18% to X tons in 2021. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, hot-dipped metal-coated sheet imports surged to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) represented the major importer of hot-dipped metal-coated sheet, achieving 39% of total imports. It was distantly followed by Israel (X tons), the United Arab Emirates (X tons), Saudi Arabia (X tons), Egypt (X tons), Morocco (X tons) and Iraq (X tons), together committing a 43% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to hot-dipped metal-coated sheet imports into Turkey stood at +7.8%. At the same time, Morocco (+14.4%), Iraq (+5.9%), Israel (+4.6%) and Egypt (+3.9%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of +14.4% from 2012-2021. By contrast, the United Arab Emirates (-2.8%) and Saudi Arabia (-4.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey, Morocco and Israel increased by +14, +3.5 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported hot-dipped metal-coated sheet in MENA, comprising 38% of total imports. The second position in the ranking was taken by Israel ($X), with a 12% share of total imports. It was followed by the United Arab Emirates, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey totaled +9.0%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+8.1% per year) and the United Arab Emirates (-0.5% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, rising by 38% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Egypt ($X per ton) and Saudi Arabia ($X per ton), while Iraq ($X per ton) and Morocco ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform