Middle East: Copper Spring Market 2020

Copper Spring Market Size in Middle East

The revenue of the copper spring market in Middle East amounted to $X in 2017, surging by X% against the previous year. The copper spring consumption continues to indicate an outstanding expansion. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. Over the period under review, the copper spring market reached its peak figure level in 2017, and is expected to retain its growth in the near future.

Copper Spring Production in Middle East

In 2017, copper spring production in Middle East stood at X tons, remaining constant against the previous year. The copper spring production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the copper spring production reached its maximum volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Copper Spring Exports in Middle East

In 2017, exports of copper springs in Middle East amounted to X tons, growing by X% against the previous year. The copper spring exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2013, when exports increased by X% year-to-year. Over the period under review, the copper spring exports attained its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, copper spring exports stood at $X in 2017. The copper spring exports continue to indicate a prominent growth. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Copper Spring Exports by Country in Middle East

In 2017, the United Arab Emirates (X tons) was the key exporter for copper springs, creating X% of total exports. It was distantly followed by Turkey (X tons) and Iran (X tons), together generating X% share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of +X% from 2007 to 2017. At the same time, Iran (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Turkey, Iran and the United Arab Emirates decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Iran ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Among the main exporting countries , Iran (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Copper Spring Export Prices by Country in Middle East

The copper spring export price in Middle East stood at $X per ton in 2017, surging by X% against the previous year. The copper spring export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% year-to-year. The level of export price peaked of $X per kg in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Turkey ($X per kg), while the United Arab Emirates ($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 Turkey (+X% per year), while the other leaders experienced a decline in the export price figures.

Copper Spring Imports in Middle East

In 2017, copper spring imports in Middle East stood at X tons, increasing by X% against the previous year. The copper spring imports continue to indicate a prominent increase. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. In that year, the copper spring imports attained their peak volume of X tons. From 2012 to 2017, growth of the copper spring imports stood at a somewhat lower level.

In value terms, copper spring imports totaled $X in 2017. The copper spring imports continue to indicate a prominent increase. Over the period under review, the copper spring imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Copper Spring Imports by Country in Middle East

The United Arab Emirates was the main importing country with an import of around X tons, which amounted to X% of total imports. Saudi Arabia (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Turkey (X%), Israel (X%) and Qatar (X%). The following importers - Iran (X tons) and Syrian Arab Republic (X tons) each reached a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to copper spring imports into the United Arab Emirates stood at +X%. At the same time, Syrian Arab Republic (+X%), Iran (+X%), Turkey (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. Qatar experienced a relatively flat trend pattern. By contrast, Israel (-X%) illustrated a downward trend over the same period. Israel (X%) significantly strengthened its position in terms of the global imports, while Iran, Syrian Arab Republic, Turkey, Saudi Arabia and the United Arab Emirates saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Israel, Qatar, Syrian Arab Republic and Iran lagged somewhat behind, together accounting for a further X%.

Syrian Arab Republic (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Copper Spring Import Prices by Country in Middle East

In 2017, the copper spring import price in Middle East amounted to $X per ton, flattening at the previous year. The copper spring import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Turkey ($X per kg), while the United Arab Emirates ($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 Syrian Arab Republic (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform