MENA: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in MENA

In 2022, the MENA's glass in the mass market increased by 148% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption recorded a notable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Glass in The Mass in MENA

In value terms, glass in the mass production soared to $X in 2022 estimated in export price. Over the period under review, production, however, posted a measured expansion. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Glass in The Mass

Exports in MENA

In 2022, the amount of glass in the mass exported in MENA reduced sharply to X tons, declining by -35.3% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 328%. The volume of export peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, glass in the mass exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by 134% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Israel represented the key exporting country with an export of around X tons, which finished at 50% of total exports. It was distantly followed by Morocco (X tons), the United Arab Emirates (X tons) and Lebanon (X tons), together achieving a 35% share of total exports. The following exporters - Turkey (X tons), Oman (X tons) and Bahrain (X tons) - together made up 9.8% of total exports.

From 2012 to 2022, average annual rates of growth with regard to glass in the mass exports from Israel stood at +36.4%. At the same time, Lebanon (+49.6%), Bahrain (+42.1%), Turkey (+37.1%), Morocco (+32.3%) and Oman (+13.9%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing exporter exported in MENA, with a CAGR of +49.6% from 2012-2022. The United Arab Emirates experienced a relatively flat trend pattern. From 2012 to 2022, the share of Israel, Morocco, Lebanon, Turkey and Bahrain increased by +43, +20, +4.3, +3.5 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) remains the largest glass in the mass supplier in MENA, comprising 48% of total exports. The second position in the ranking was held by Morocco ($X), with a 20% share of total exports. It was followed by the United Arab Emirates, with a 12% share.

In Israel, glass in the mass exports expanded at an average annual rate of +65.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (+67.1% per year) and the United Arab Emirates (+9.5% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, rising by 119% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 Morocco (+26.0%), while the other leaders experienced more modest paces of growth.

Imports of Glass in The Mass

Imports in MENA

In 2022, imports of glass in the mass in MENA rose remarkably to X tons, with an increase of 8% against the previous year's figure. Over the period under review, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 161%. Over the period under review, glass in mass imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, glass in the mass imports rose notably to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 56% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Turkey represented the largest importer of glass in the mass in MENA, with the volume of imports accounting for X tons, which was near 52% of total imports in 2022. It was distantly followed by the United Arab Emirates (X tons) and Morocco (X tons), together mixing up a 41% share of total imports. The following importers - Oman (X tons) and Syrian Arab Republic (X tons) - together made up 4.6% of total imports.

Turkey was also the fastest-growing in terms of the glass in the mass imports, with a CAGR of +74.7% from 2012 to 2022. At the same time, Morocco (+70.7%), Syrian Arab Republic (+55.8%), the United Arab Emirates (+16.1%) and Oman (+1.3%) displayed positive paces of growth. Turkey (+51 p.p.), Morocco (+16 p.p.) and the United Arab Emirates (+3.9 p.p.) significantly strengthened its position in terms of the total imports, while Oman saw its share reduced by -7.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Morocco ($X), the United Arab Emirates ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 81% share of total imports.

Among the main importing countries, Morocco, with a CAGR of +85.1%, saw the highest rates of growth with regard to the value of imports, 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 2022, reducing by -2.2% against the previous year. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when the import price increased by 66%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a 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 Morocco ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+8.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform