MENA: Market for Ready-Mixed Concrete And Factory Made Mortars 2025

Market Size for Ready-Mixed Concrete And Factory Made Mortars in MENA

In 2022, the MENA's market for ready-mixed concrete and factory made mortars decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2014 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced slightly in the following year.

Production of Ready-Mixed Concrete And Factory Made Mortars in MENA

In value terms, production of ready-mixed concrete and factory made mortars reduced slightly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports in MENA

In 2022, shipments abroad of ready-mixed concrete and factory made mortars increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a deep downturn. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ready-mixed concrete and factory made mortars surged to $X in 2022. Overall, exports continue to indicate a moderate expansion. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates represented the largest exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Turkey (X tons), mixing up a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the ready-mixed concrete and factory made mortars exports, with a CAGR of X% from 2012 to 2022. Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest ready-mixed concrete and factory made mortar supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

In the United Arab Emirates, exports of ready-mixed concrete and factory made mortars increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, jumping by X% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports in MENA

In 2022, the amount of ready-mixed concrete and factory made mortars imported in MENA rose significantly to X tons, picking up by X% against the previous year's figure. Overall, imports showed resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of ready-mixed concrete and factory made mortars dropped to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

Algeria was the key importer of ready-mixed concrete and factory made mortars in MENA, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. Libya (X tons) held the second position in the ranking, followed by Kuwait (X tons) and Israel (X tons). All these countries together held approx. X% share of total imports. The following importers - Iraq (X tons), Oman (X tons), Qatar (X tons), Yemen (X tons), Morocco (X tons), the United Arab Emirates (X tons) and Turkey (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to ready-mixed concrete and factory made mortar imports into Algeria stood at X%. At the same time, Yemen (X%), Libya (X%), Iraq (X%), Oman (X%), Israel (X%), Kuwait (X%), Morocco (X%), Turkey (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Qatar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Algeria, Libya, Yemen and Iraq increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X) constitutes the largest market for imported ready-mixed concrete and factory made mortars in MENA, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with an X% share of total imports. It was followed by Libya, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Algeria stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Libya (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform