Middle East and North Africa: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2022

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Middle East and North Africa

The MENA's solid vulcanised rubber sheet market declined to $X in 2021, reducing by -X% against the previous year. In general, consumption continues to indicate a abrupt curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Middle East and North Africa

In value terms, solid vulcanised rubber sheet production fell slightly to $X in 2021 estimated in export price. Overall, production, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports in Middle East and North Africa

In 2021, shipments abroad of plates, sheets, strips for floor covering of solid vulcanised rubber was finally on the rise to reach X tons after two years of decline. In general, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, solid vulcanised rubber sheet exports soared to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the largest exporter of plates, sheets, strips for floor covering of solid vulcanised rubber in Middle East and North Africa, with the volume of exports reaching X tons, which was approx. X% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons) and Israel (X tons), together achieving a X% share of total exports. The following exporters - Saudi Arabia (X tons) and Egypt (X tons) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to solid vulcanised rubber sheet exports from Turkey stood at +X%. At the same time, Saudi Arabia (+X%), Israel (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in Middle East and North Africa, with a CAGR of +X% from 2012-2021. By contrast, Egypt (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.), Israel (+X p.p.) and Saudi Arabia (+X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Egypt saw its share reduced by -X% and -X% from 2012 to 2021, respectively.

In value terms, Turkey ($X) remains the largest solid vulcanised rubber sheet supplier in Middle East and North Africa, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Israel, with an X% share.

In Turkey, solid vulcanised rubber sheet exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Israel (+X% per year).

Export Prices by Country

In 2021, the export price in Middle East and North Africa amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Egypt ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+X%), while the other leaders experienced a decline in the export price figures.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports in Middle East and North Africa

For the fourth year in a row, Middle East and North Africa recorded decline in purchases abroad of plates, sheets, strips for floor covering of solid vulcanised rubber, which decreased by -X% to X tons in 2021. Over the period under review, imports continue to indicate a perceptible descent. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, solid vulcanised rubber sheet imports reduced slightly to $X in 2021. Overall, imports continue to indicate a mild decrease. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons), Israel (X tons), Turkey (X tons), Saudi Arabia (X tons) and Qatar (X tons) represented the key importer of plates, sheets, strips for floor covering of solid vulcanised rubber in Middle East and North Africa, committing X% of total import. The following importers - Egypt (X tons), Morocco (X tons), Kuwait (X tons), Algeria (X tons), Tunisia (X tons), Iraq (X tons) and Oman (X tons) - together made up X% of total imports.

From 2012 to 2021, the biggest increases were in Qatar (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest solid vulcanised rubber sheet importing markets in Middle East and North Africa were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), with a combined X% share of total imports.

In terms of the main importing countries, Israel, with a CAGR of +X%, 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 Middle East and North Africa stood at $X per ton in 2021, rising by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 an increase of X%. The level of import peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Tunisia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform