MENA: Market for Moulds For Mineral Materials 2025

Market Size for Moulds For Mineral Materials in MENA

The MENA's mould for mineral materials market dropped to $X in 2022, which is down by -2.8% against the previous year. In general, consumption continues to indicate a perceptible contraction. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Moulds For Mineral Materials in MENA

In value terms, mould for mineral materials production shrank notably to $X in 2022 estimated in export price. In general, production, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 184% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Moulds For Mineral Materials

Exports in MENA

In 2022, shipments abroad of moulds for mineral materials decreased by -15.4% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by 81% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then shrank dramatically in the following year.

In value terms, mould for mineral materials exports shrank to $X in 2022. Overall, exports, however, saw buoyant growth. The growth pace was the most rapid in 2016 when exports increased by 117% against the previous year. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Turkey represented the main exporting country with an export of around X units, which amounted to 64% of total exports. The United Arab Emirates (X units) ranks second in terms of the total exports with a 20% share, followed by Yemen (7.2%). Morocco (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mould for mineral materials exports from Turkey stood at +19.9%. At the same time, Yemen (+43.6%), the United Arab Emirates (+15.8%) and Morocco (+6.4%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing exporter exported in MENA, with a CAGR of +43.6% from 2012-2022. Turkey (+25 p.p.), Yemen (+6.5 p.p.) and the United Arab Emirates (+2.8 p.p.) significantly strengthened its position in terms of the total exports, while Morocco saw its share reduced by -4.4% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest mould for mineral materials supplier in MENA, comprising 53% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 24% share of total exports. It was followed by Yemen, with an 11% share.

In Turkey, mould for mineral materials exports expanded at an average annual rate of +20.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+14.4% per year) and Yemen (+51.0% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, surging by 9.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 64%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Yemen ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+5.2%), while the other leaders experienced more modest paces of growth.

Imports of Moulds For Mineral Materials

Imports in MENA

Mould for mineral materials imports shrank to X units in 2022, with a decrease of -8.2% on 2021 figures. Overall, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, mould for mineral materials imports amounted to $X in 2022. In general, imports showed a mild contraction. The pace of growth was the most pronounced in 2014 with an increase of 21% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units), Algeria (X units) and Israel (X units) was the largest importer of moulds for mineral materials in MENA, mixing up 57% of total import. Turkey (X units) ranks next in terms of the total imports with an 11% share, followed by Egypt (7.7%), Morocco (6.6%) and Iraq (5.2%).

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +18.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mould for mineral materials importing markets in MENA were Algeria ($X), the United Arab Emirates ($X) and Israel ($X), with a combined 51% share of total imports.

Israel, with a CAGR of +17.8%, recorded the highest rates of growth with regard to the value of imports, among 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, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2018 an increase of 34% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform