Middle East: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2025

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in the Middle East

In 2021, the Middle Eastern market for equipment for scaffolding, shuttering, propping or pit propping was finally on the rise to reach $X after four years of decline. The total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -26.9% against 2016 indices. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in the Middle East

In value terms, scaffolding, shuttering, and propping equipment production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a remarkable increase. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports in the Middle East

In 2021, approx. X tons of equipment for scaffolding, shuttering, propping or pit propping were exported in the Middle East; jumping by 24% against the year before. Total exports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +43.7% against 2016 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 34% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, scaffolding, shuttering, and propping equipment exports soared to $X in 2021. Total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.1% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) and Turkey (X tons) dominates exports structure, together constituting 87% of total exports. Oman (X tons), Saudi Arabia (X tons), Kuwait (X tons) and Lebanon (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +52.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2021, together comprising 94% of total exports. These countries were followed by Kuwait, Oman and Lebanon, which together accounted for a further 4.8%.

Kuwait, with a CAGR of +44.8%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, jumping by 18% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports in the Middle East

For the sixth consecutive year, the Middle East recorded decline in purchases abroad of equipment for scaffolding, shuttering, propping or pit propping, which decreased by -4.9% to X tons in 2021. Over the period under review, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of 57%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment imports totaled $X in 2021. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 38% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The countries with the highest levels of scaffolding, shuttering, and propping equipment imports in 2021 were the United Arab Emirates (X tons), Saudi Arabia (X tons) and Qatar (X tons), together resulting at 59% of total import. Israel (X tons) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Iraq (8%), Turkey (6.2%) and Kuwait (4.6%).

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +16.3%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Israel ($X) were the countries with the highest levels of imports in 2021, together accounting for 56% of total imports.

Israel, with a CAGR of +14.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, rising by 14% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while Iraq ($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 (+10.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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