Middle East: Metal Bath Market 2025

Metal Bath Market Size in the Middle East

In 2021, the Middle Eastern metal bath market decreased by -1.5% to $X, falling for the third year in a row after seven years of growth. The market value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Metal Bath Production in the Middle East

In value terms, metal bath production declined modestly to $X in 2021 estimated in export price. The total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +63.1% against 2013 indices. The growth pace was the most rapid in 2018 with an increase of 31% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then fell in the following year.

Metal Bath Exports

Exports in the Middle East

In 2021, shipments abroad of baths of iron or steel decreased by -2.9% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 31% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal bath exports rose markedly to $X in 2021. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 40% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of baths of iron or steel, namely Turkey, the United Arab Emirates and Palestine, represented more than two-thirds of total export. It was distantly followed by Jordan (X tons), creating a 6.9% share of total exports. Oman (X tons) and Lebanon (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Palestine (with a CAGR of +81.1%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Turkey ($X) remains the largest metal bath supplier in the Middle East, comprising 51% of total exports. The second position in the ranking was taken by Palestine ($X), with a 19% share of total exports. It was followed by the United Arab Emirates, with a 17% share.

From 2012 to 2021, the average annual growth rate of value in Turkey amounted to -5.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Palestine (+84.8% per year) and the United Arab Emirates (+2.0% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, with an increase of 16% against the previous year. Overall, the export price posted buoyant growth. The pace of growth appeared the most rapid in 2014 an increase of 101% against the previous year. Over the period under review, the export prices attained the maximum in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($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 (+9.0%), while the other leaders experienced more modest paces of growth.

Metal Bath Imports

Imports in the Middle East

In 2021, approx. X tons of baths of iron or steel were imported in the Middle East; approximately equating 2020 figures. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of 25% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, metal bath imports declined modestly to $X in 2021. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 when imports increased by 19%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of metal bath imports in 2021 were the United Arab Emirates (X tons), Qatar (X tons), Bahrain (X tons) and Lebanon (X tons), together reaching 63% of total import. Palestine (X tons) took the next position in the ranking, followed by Kuwait (X tons), Israel (X tons) and Jordan (X tons). All these countries together held near 25% share of total imports. Oman (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Palestine (with a CAGR of -3.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest metal bath importing markets in the Middle East were the United Arab Emirates ($X), Kuwait ($X) and Qatar ($X), together accounting for 59% of total imports.

Among the main importing countries, Kuwait, with a CAGR of +5.7%, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2014 an increase of 37%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Kuwait ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+15.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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