Middle East: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in the Middle East

The Middle Eastern chain scoops and sliders market rose sharply to $X in 2022, increasing by 6.9% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +24.5% against 2020 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in the Middle East

In value terms, chain scoops and sliders production contracted to $X in 2022 estimated in export price. Overall, production, however, showed prominent growth. The growth pace was the most rapid in 2018 with an increase of 112% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in the Middle East

In 2022, after two years of growth, there was significant decline in shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips, when their volume decreased by -10.9% to X tons. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports attained the peak of X tons, and then fell in the following year.

In value terms, chain scoops and sliders exports reduced to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Turkey (X tons) was the largest exporter of chain scoops, sliders, runners, end pieces and narrow strips in the Middle East, constituting 98% of total export.

Turkey was also the fastest-growing in terms of the chain scoops, sliders, runners, end pieces and narrow strips exports, with a CAGR of +2.4% from 2012 to 2022. While the share of Turkey (+16 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) also remains the largest chain scoops and sliders supplier in the Middle East.

In Turkey, chain scoops and sliders exports expanded at an average annual rate of +1.6% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, flattening at the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 7.9% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -0.8% per year.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in the Middle East

Chain scoops and sliders imports surged to X tons in 2022, picking up by 36% on 2021 figures. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chain scoops and sliders imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of chain scoops and sliders imports in 2022 were Turkey (X tons), together amounting to 96% of total import.

Turkey was also the fastest-growing in terms of the chain scoops, sliders, runners, end pieces and narrow strips imports, with a CAGR of +7.5% from 2012 to 2022. From 2012 to 2022, the share of Turkey increased by +7.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported chain scoops, sliders, runners, end pieces and narrow strips in the Middle East.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to +3.2%.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, waning by -10.5% against the previous year. Overall, the import price showed a pronounced curtailment. The growth pace was the most rapid in 2021 an increase of 32%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -3.9% per year.

Source: IndexBox Platform

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