MENA: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in MENA

The MENA's market for prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021, growing by 38% against the previous year. Overall, consumption enjoyed a prominent increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in MENA

In value terms, production of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021 estimated in export price. In general, production enjoyed resilient growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 37%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports in MENA

In 2021, shipments abroad of prefabricated buildings of plastics, concrete or aluminium increased by 10% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, recorded a mild descent. The growth pace was the most rapid in 2016 with an increase of 28%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey was the key exporter of prefabricated buildings of plastics, concrete or aluminium in MENA, with the volume of exports amounting to X tons, which was near 40% of total exports in 2021. Israel (X tons) held a 24% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (19%) and Kuwait (6.9%). The following exporters - Lebanon (X tons) and Saudi Arabia (X tons) - together made up 5.3% of total exports.

From 2012 to 2021, the biggest increases were recorded for Lebanon (with a CAGR of +13.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Turkey ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2021, together accounting for 89% of total exports.

Israel, with a CAGR of +9.7%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, increasing by 14% against the previous year. Export price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for prefabricated buildings of plastics, concrete or aluminium increased by +127.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 63% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.5%), while the other leaders experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports in MENA

Imports of prefabricated buildings of plastics, concrete or aluminium stood at X tons in 2021, surging by 8.4% on the previous year. In general, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. Overall, imports, however, continue to indicate a abrupt curtailment. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons) and Qatar (X tons) represented roughly 39% of total imports in 2021. The United Arab Emirates (X tons) held the next position in the ranking, followed by Iraq (X tons). All these countries together held approx. 21% share of total imports. The following importers - Djibouti (X tons), Kuwait (X tons), Algeria (X tons), Libya (X tons), Oman (X tons), Egypt (X tons), Israel (X tons), Syrian Arab Republic (X tons) and Turkey (X tons) - together made up 30% of total imports.

From 2012 to 2021, the biggest increases were recorded for Syrian Arab Republic (with a CAGR of +24.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Iraq ($X) constituted the countries with the highest levels of imports in 2021, with a combined 46% share of total imports. These countries were followed by Qatar, Algeria, Kuwait, Turkey, Israel, Djibouti, Libya, Egypt, Oman and Syrian Arab Republic, which together accounted for a further 40%.

Syrian Arab Republic, with a CAGR of +21.0%, recorded the highest growth rate of 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 ton in 2021, with an increase of 18% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2017 when the import price increased by 33% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the 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 Turkey ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform