MENA: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in MENA

In 2022, the MENA's chain scoops and sliders market increased by 8.6% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 +14.3% against 2020 indices. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in MENA

In value terms, chain scoops and sliders production dropped slightly to $X in 2022 estimated in export price. Overall, production recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 64%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in MENA

After two years of growth, overseas shipments of chain scoops, sliders, runners, end pieces and narrow strips decreased by -1.3% to X tons in 2022. The total export volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of X tons, and then declined modestly in the following year.

In value terms, chain scoops and sliders exports amounted to $X in 2022. Total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 40%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the key exporter of chain scoops, sliders, runners, end pieces and narrow strips in MENA, with the volume of exports recording X tons, which was approx. 80% of total exports in 2022. It was distantly followed by Egypt (X tons), generating a 17% share of total exports.

Exports from Turkey increased at an average annual rate of +2.4% from 2012 to 2022. At the same time, Egypt (+40.5%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in MENA, with a CAGR of +40.5% from 2012-2022. From 2012 to 2022, the share of Egypt increased by +16 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest chain scoops and sliders supplier in MENA, comprising 73% of total exports. The second position in the ranking was taken by Egypt ($X), with a 23% share of total exports.

In Turkey, chain scoops and sliders exports increased at an average annual rate of +1.6% over the period from 2012-2022.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, growing by 1.8% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 11%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($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 Egypt (+1.3%).

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in MENA

In 2022, imports of chain scoops, sliders, runners, end pieces and narrow strips in MENA surged to X tons, growing by 32% against 2021. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chain scoops and sliders imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

Turkey dominates imports structure, reaching X tons, which was approx. 84% of total imports in 2022. It was distantly followed by Morocco (X tons), constituting a 5.6% share of total imports. The following importers - Egypt (X tons) and Tunisia (X tons) - each amounted to a 6.6% share of total imports.

Turkey was also the fastest-growing in terms of the chain scoops, sliders, runners, end pieces and narrow strips imports, with a CAGR of +7.5% from 2012 to 2022. At the same time, Tunisia (+5.4%), Morocco (+4.8%) and Egypt (+2.5%) displayed positive paces of growth. While the share of Turkey (+8.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported chain scoops, sliders, runners, end pieces and narrow strips in MENA, comprising 71% of total imports. The second position in the ranking was held by Tunisia ($X), with an 11% share of total imports. It was followed by Morocco, with a 6.9% share.

In Turkey, chain scoops and sliders imports increased at an average annual rate of +3.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tunisia (+4.3% per year) and Morocco (+2.6% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, dropping by -11% against the previous year. In general, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2021 when the import price increased by 30% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform