MENA: Metal Stud-Link Chain Market 2025

Metal Stud-Link Chain Market Size in MENA

The MENA's metal stud-link chain market amounted to $X in 2021, leveling off at the previous year. The total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -4.2% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Metal Stud-Link Chain Production in MENA

In value terms, metal stud-link chain production shrank dramatically to $X in 2021 estimated in export price. In general, production continues to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 1,130% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Metal Stud-Link Chain Exports

Exports in MENA

Metal stud-link chain exports skyrocketed to X tons in 2021, jumping by 37% on the year before. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 246%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, metal stud-link chain exports soared to $X in 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 195%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Turkey represented the main exporter of iron/steel stud-link chain in MENA, with the volume of exports recording X tons, which was near 78% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), creating a 20% share of total exports.

Turkey was also the fastest-growing in terms of the iron/steel stud-link chain exports, with a CAGR of +31.6% from 2012 to 2021. At the same time, the United Arab Emirates (+14.3%) displayed positive paces of growth. Turkey (+38 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -16.1% from 2012 to 2021, respectively.

In value terms, Turkey ($X) remains the largest metal stud-link chain supplier in MENA, comprising 85% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an 8.6% share of total exports.

In Turkey, metal stud-link chain exports increased at an average annual rate of +31.3% over the period from 2012-2021.

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, rising by 7.8% against the previous year. In general, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2019 when the export price increased by 12%. Over the period under review, the export prices attained the peak figure 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, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-0.3%).

Metal Stud-Link Chain Imports

Imports in MENA

In 2021, approx. X tons of iron/steel stud-link chain were imported in MENA; increasing by 12% on the year before. Total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.1% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by 54% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, metal stud-link chain imports dropped to $X in 2021. Total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -17.2% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 54% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates prevails in imports structure, resulting at X tons, which was approx. 67% of total imports in 2021. It was distantly followed by Iraq (X tons) and Turkey (X tons), together constituting an 11% share of total imports. The following importers - Algeria (X tons), Iran (X tons), Libya (X tons), Israel (X tons), Bahrain (X tons) and Oman (X tons) - together made up 14% of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +5.7% from 2012 to 2021. At the same time, Bahrain (+16.2%), Oman (+9.0%), Iraq (+8.8%), Turkey (+2.4%) and Libya (+1.5%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in MENA, with a CAGR of +16.2% from 2012-2021. Israel, Algeria and Iran experienced a relatively flat trend pattern. While the share of the United Arab Emirates (+11 p.p.) and Iraq (+2.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported iron/steel stud-link chain in MENA, comprising 40% of total imports. The second position in the ranking was taken by Iraq ($X), with an 11% share of total imports. It was followed by Turkey, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates amounted to +2.3%. In the other countries, the average annual rates were as follows: Iraq (+17.4% per year) and Turkey (+5.3% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, shrinking by -22.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by 20%. The level of import peaked at $X per ton in 2020, and then declined rapidly in the following year.

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 Libya ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Libya (+8.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform