Middle East: Adhesive Dressings Market 2024

Adhesive Dressings Market Size in the Middle East

The Middle Eastern adhesive dressings market rose significantly to $X in 2021, with an increase of 13% against the previous year. Overall, consumption continues to indicate a slight curtailment. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Adhesive Dressings Production in the Middle East

In value terms, adhesive dressings production rose significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 with an increase of 12%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Adhesive Dressings Exports

Exports in the Middle East

In 2021, the amount of adhesive dressings or similar articles exported in the Middle East skyrocketed to X tons, increasing by 59% compared with the previous year. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +10.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +78.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, adhesive dressings exports skyrocketed to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +80.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, finishing at X tons, which was approx. 89% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), creating a 9% share of total exports.

Exports from Turkey increased at an average annual rate of +12.4% from 2012 to 2021. At the same time, the United Arab Emirates (+15.7%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +15.7% from 2012-2021. From 2012 to 2021, the share of Turkey and the United Arab Emirates increased by +16 and +3.3 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest adhesive dressings supplier in the Middle East, comprising 88% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 7.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey totaled +12.8%.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, with a decrease of -4.6% against the previous year. Over the period under review, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 9.2%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates amounted to $X per ton.

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

Adhesive Dressings Imports

Imports in the Middle East

Adhesive dressings imports totaled X tons in 2021, growing by 7.7% compared with 2020 figures. The total import volume increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 19%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, adhesive dressings imports soared to $X in 2021. The total import value increased at an average annual rate of +6.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 34% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) represented the key importers of adhesive dressings or similar articles in 2021, recording approx. 25% and 21% of total imports, respectively. Iran (X tons) ranks next in terms of the total imports with a 9.8% share, followed by Iraq (9.6%), Turkey (8.3%), Yemen (5.9%) and Israel (5.6%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Yemen (with a CAGR of +9.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest adhesive dressings importing markets in the Middle East were Saudi Arabia ($X), the United Arab Emirates ($X) and Turkey ($X), together accounting for 64% of total imports. These countries were followed by Israel, Iran, Iraq and Yemen, which together accounted for a further 19%.

Yemen, with a CAGR of +15.7%, saw 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

In 2021, the import price in the Middle East amounted to $X per ton, with an increase of 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per ton), while Yemen ($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 (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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