MENA: Steel Sheet Piling Market 2025

Steel Sheet Piling Market Size in MENA

The MENA's steel sheet piling market rose notably to $X in 2022, surging by 13% against the previous year. Overall, consumption, however, continues to indicate a deep downturn. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Steel Sheet Piling Production in MENA

In value terms, steel sheet piling production totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 33%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Steel Sheet Piling Exports

Exports in MENA

Steel sheet piling exports reduced to X tons in 2022, with a decrease of -9.6% against the previous year. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of 337%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, steel sheet piling exports reduced to $X in 2022. Overall, exports, however, showed a resilient increase. The growth pace was the most rapid in 2015 when exports increased by 265%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates was the largest exporter of sheet piling of steel in MENA, with the volume of exports recording X tons, which was near 76% of total exports in 2022. Oman (X tons) ranks second in terms of the total exports with a 13% share, followed by Kuwait (7.6%).

The United Arab Emirates was also the fastest-growing in terms of the sheet piling of steel exports, with a CAGR of +36.5% from 2012 to 2022. At the same time, Oman (+20.9%) and Kuwait (+9.1%) displayed positive paces of growth. While the share of the United Arab Emirates (+48 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Oman (-3.4 p.p.) and Kuwait (-19.1 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest steel sheet piling supplier in MENA, comprising 87% of total exports. The second position in the ranking was held by Oman ($X), with an 8.2% share of total exports.

In the United Arab Emirates, steel sheet piling exports increased at an average annual rate of +34.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (-1.3% per year) and Kuwait (-10.0% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the export price saw a abrupt contraction. The growth pace was the most rapid in 2017 an increase of 64%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.1%), while the other leaders experienced a decline in the export price figures.

Steel Sheet Piling Imports

Imports in MENA

After two years of decline, overseas purchases of sheet piling of steel increased by 4.3% to X tons in 2022. Overall, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of 122% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, steel sheet piling imports reduced to $X in 2022. In general, imports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2014 when imports increased by 81% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, amounting to X tons, which was approx. 52% of total imports in 2022. Jordan (X tons) held the second position in the ranking, followed by Algeria (X tons), Oman (X tons), Egypt (X tons) and Iraq (X tons). All these countries together took approx. 32% share of total imports. Iran (X tons), Kuwait (X tons) and Qatar (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to steel sheet piling imports into the United Arab Emirates stood at -4.2%. At the same time, Jordan (+26.4%), Kuwait (+15.4%), Egypt (+14.1%), Oman (+6.0%), Qatar (+3.7%) and Iran (+1.9%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in MENA, with a CAGR of +26.4% from 2012-2022. Algeria experienced a relatively flat trend pattern. By contrast, Iraq (-7.3%) illustrated a downward trend over the same period. The United Arab Emirates (+24 p.p.), Jordan (+7.3 p.p.), Egypt (+5.7 p.p.), Oman (+5.1 p.p.), Algeria (+4.8 p.p.), Kuwait (+2.9 p.p.), Iran (+2.8 p.p.) and Qatar (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported sheet piling of steel in MENA, comprising 39% of total imports. The second position in the ranking was held by Jordan ($X), with a 12% share of total imports. It was followed by Egypt, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled -7.3%. The remaining importing countries recorded the following average annual rates of imports growth: Jordan (+28.1% per year) and Egypt (+15.7% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, shrinking by -11.5% against the previous year. Overall, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2017 when the import price increased by 50%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform