MENA: Aluminium Alloy Wire Market 2025

Aluminium Alloy Wire Market Size in MENA

The MENA's aluminium alloy wire market dropped to $X in 2022, declining by -5.4% against the previous year. Over the period under review, consumption continues to indicate a mild curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Aluminium Alloy Wire Production in MENA

In value terms, aluminium alloy wire production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2015 when the production volume increased by 27% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Aluminium Alloy Wire Exports

Exports in MENA

In 2022, shipments abroad of aluminium alloy wire was finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, showed a perceptible descent. The growth pace was the most rapid in 2015 when exports increased by 33% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, aluminium alloy wire exports rose to $X in 2022. Overall, exports, however, continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2015 when exports increased by 30% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Bahrain (X tons) represented the main exporter of aluminium alloy wire, mixing up 55% of total exports. Egypt (X tons) ranks second in terms of the total exports with a 31% share, followed by Oman (6.4%) and Turkey (4.6%). The United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +16.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest aluminium alloy wire supplying countries in MENA were Bahrain ($X), Egypt ($X) and Turkey ($X), together accounting for 91% of total exports. Oman and the United Arab Emirates lagged somewhat behind, together accounting for a further 7.1%.

Oman, with a CAGR of +13.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, approximately reflecting the previous year. Overall, the export price saw a mild downturn. The pace of growth was the most pronounced in 2020 when the export price increased by 14%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.6%), while the other leaders experienced a decline in the export price figures.

Aluminium Alloy Wire Imports

Imports in MENA

In 2022, the amount of aluminium alloy wire imported in MENA fell notably to X tons, dropping by -15.7% compared with 2021. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2019 when imports increased by 16%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, aluminium alloy wire imports expanded to $X in 2022. In general, imports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X tons) and Morocco (X tons) were the major importers of aluminium alloy wire in 2022, accounting for approx. 28% and 21% of total imports, respectively. Saudi Arabia (X tons) took a 9.6% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (8.5%), Bahrain (7.5%), Tunisia (5.7%), Algeria (5.5%) and the United Arab Emirates (4.8%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bahrain (with a CAGR of +12.0%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Turkey ($X) constitutes the largest market for imported aluminium alloy wire in MENA, comprising 38% of total imports. The second position in the ranking was held by Morocco ($X), with an 18% share of total imports. It was followed by Egypt, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to +8.6%. In the other countries, the average annual rates were as follows: Morocco (-2.8% per year) and Egypt (-10.8% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, picking up by 23% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform