Middle East: Office Metal Staple Market 2025

Office Metal Staple Market Size in the Middle East

The Middle Eastern office metal staple market was estimated at $X in 2022, picking up by 2.1% against the previous year. Over the period under review, consumption saw a prominent expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Office Metal Staple Production in the Middle East

In value terms, office metal staple production rose modestly to $X in 2022 estimated in export price. Overall, production enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 23%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Office Metal Staple Exports

Exports in the Middle East

After two years of growth, shipments abroad of base metal staples in strips for use in offices decreased by -17.5% to X tons in 2022. Overall, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 121%. The volume of export peaked at X tons in 2021, and then fell notably in the following year.

In value terms, office metal staple exports declined significantly to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 118% against the previous year. The level of export peaked at $X in 2021, and then shrank significantly in the following year.

Exports by Country

In 2022, Oman (X tons) represented the main exporter of base metal staples in strips for use in offices, mixing up 59% of total exports. It was distantly followed by Turkey (X tons), committing a 38% share of total exports. The United Arab Emirates (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +21.1%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Oman ($X), Turkey ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2022, with a combined 99% share of total exports.

Oman, with a CAGR of +29.2%, saw the highest growth rate of the value of exports, among 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 the Middle East amounted to $X per ton, stabilizing at the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 22%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably 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 Oman (+6.8%), while the other leaders experienced more modest paces of growth.

Office Metal Staple Imports

Imports in the Middle East

Office metal staple imports reached X tons in 2022, with an increase of 2% on the year before. Overall, imports, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 15% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, office metal staple imports expanded to $X in 2022. In general, imports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons), distantly followed by the United Arab Emirates (X tons), Israel (X tons), Iraq (X tons), Jordan (X tons) and Kuwait (X tons) were the main importers of base metal staples in strips for use in offices, together comprising 85% of total imports. Lebanon (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kuwait (with a CAGR of +7.9%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest office metal staple importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), together accounting for 64% of total imports.

In terms of the main importing countries, Israel, with a CAGR of +4.3%, saw the highest growth rate of 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

In 2022, the import price in the Middle East amounted to $X per ton, rising by 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2021 when the import price increased by 12% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

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 Iraq ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :