Middle East: Cast Metal Articles Market 2020

Cast Metal Articles Market Size in Middle East

The revenue of the cast metal articles market in Middle East amounted to $X in 2017, flattening at the previous year. The cast metal articles consumption continues to indicate a slight decline. The growth pace was the most rapid in 2008, when market value increased by X% y-o-y. In that year, the cast metal articles market reached their peak level of $X. From 2009 to 2017, growth of the cast metal articles market stood at a somewhat lower level.

Cast Metal Articles Production in Middle East

In 2017, the amount of cast articles of iron or steel produced in Middle East stood at X tons, going up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. Over the period under review, the cast metal articles production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Cast Metal Articles Exports in Middle East

In 2017, approx. X tons of cast articles of iron or steel were exported in Middle East; jumping by X% against the previous year. The cast metal articles exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017, when it surged by X% year-to-year. In that year, the cast metal articles exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, cast metal articles exports stood at $X in 2017. The cast metal articles exports continue to indicate a strong expansion. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Cast Metal Articles Exports by Country in Middle East

Qatar represented the largest exporting country with an export of around X tons, which reached X% of total exports. Turkey (X tons) held the second position in the ranking, distantly followed by the United Arab Emirates (X tons). All these countries together took approx. X% share of total exports. Iran (X tons) held the mild share of total exports.

Qatar was also the fastest growing in terms of the cast articles of iron or steel exports, with a CAGR of +X% from 2007 to 2017. At the same time, Turkey (+X%), the United Arab Emirates (+X%) and Iran (+X%) displayed positive paces of growth. The United Arab Emirates (-X%), Turkey (-X%) and Qatar (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), Qatar ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

In terms of the main exporting countries , Qatar (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Cast Metal Articles Export Prices by Country in Middle East

The cast metal articles export price in Middle East stood at $X per ton in 2017, leveling off at the previous year. The cast metal articles export price continues to indicate a temperate downturn. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. In that year, the export prices for cast articles of iron or steel attained their peak level of $X per ton. From 2009 to 2017, growth of the export prices for cast articles of iron or steel failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

Cast Metal Articles Imports in Middle East

The imports stood at X tons in 2017, falling by -X% against the previous year. The total imports indicated a moderate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cast metal articles imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the cast metal articles imports reached its peak figure volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, cast metal articles imports amounted to $X in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cast metal articles imports decreased by -X% against 2014 indices. In that year, the cast metal articles imports attained their peak level of $X. From 2015 to 2017, growth of the cast metal articles imports failed to regain its momentum.

Cast Metal Articles Imports by Country in Middle East

In 2017, Yemen (X tons), distantly followed by the United Arab Emirates (X tons), Oman (X tons), Qatar (X tons) and Saudi Arabia (X tons) were the major importers of cast articles of iron or steel, together mixed up X% of total imports. Turkey (X tons) and Bahrain (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Oman (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest cast metal articles markets worldwide were Yemen ($X), the United Arab Emirates ($X) and Qatar ($X), with a combined X% share of total imports.

In terms of the main importing countries , Yemen (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Cast Metal Articles Import Prices by Country in Middle East

In 2017, the cast metal articles import price in Middle East amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. In that year, the import prices for cast articles of iron or steel attained their peak level of $X per ton. From 2011 to 2017, growth of the import prices for cast articles of iron or steel failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Saudi Arabia ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Yemen (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform