Middle East: Glass Smallware Market 2020

Glass Smallware Market Size in Middle East

The revenue of the glass smallware market in Middle East amounted to $X in 2017, reducing by -X% against the previous year. The glass smallware consumption continues to indicate a temperate contraction. The growth pace was the most rapid in 2008, when market value increased by X% y-o-y. In that year, the glass smallware market attained their peak level of $X. From 2009 to 2017, growth of the glass smallware market failed to regain its momentum.

Glass Smallware Production in Middle East

The glass smallware production amounted to X tons in 2017, therefore, remained relatively stable against the previous year. The glass smallware production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. The volume of glass smallware production peaked of X tons in 2016, leveling off in the following year.

Glass Smallware Exports in Middle East

The exports amounted to X tons in 2017, jumping by X% against the previous year. The glass smallware exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2013, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, glass smallware exports stood at $X in 2017. The glass smallware exports continue to indicate an abrupt slump. Over the period under review, the glass smallware exports reached its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Glass Smallware Exports by Country in Middle East

Turkey was the main exporting country with an export of about X tons, which resulted at X% of total exports. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Saudi Arabia (X tons) and Iran (X tons). All these countries together held near X% share of total exports. Israel (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to glass smallware exports from Turkey stood at +X%. At the same time, Iran (+X%) and Israel (+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. By contrast, the United Arab Emirates (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X%) and the United Arab Emirates (X%) increased significantly in terms of the global exports from 2007-2017, the share of Israel (-X%), Iran (-X%) and Turkey (-X%) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest glass smallware supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey totaled -X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Saudi Arabia (+X% per year).

Glass Smallware Export Prices by Country in Middle East

The glass smallware export price in Middle East stood at $X per ton in 2017, waning by -X% against the previous year. The glass smallware export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% y-o-y. In that year, the export prices for glass smallware attained their peak level of $X per ton. From 2009 to 2017, growth of the export prices for glass smallware 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 Israel ($X per ton), while the United Arab Emirates ($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 Saudi Arabia (+X% per year), while the other leaders experienced a decline in the export price figures.

Glass Smallware Imports in Middle East

The imports stood at X tons in 2017, picking up by X% against the previous year. The glass smallware imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. In that year, the glass smallware imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, glass smallware imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. In that year, the glass smallware imports reached their peak level of $X. From 2013 to 2017, growth of the glass smallware imports stood at a somewhat lower level.

Glass Smallware Imports by Country in Middle East

Turkey (X tons) and Oman (X tons) dominates glass smallware imports structure, together achieving X% of total imports. The United Arab Emirates (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Kuwait (X%) and Saudi Arabia (X%). Israel (X tons) and Iran (X tons) took the minor share of total imports.

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

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported glass smallware in Middle East, making up X% of global imports. The second position in the ranking was occupied by Iran ($X), with a X% share of global imports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, glass smallware imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Iran (+X% per year) and Turkey (-X% per year).

Glass Smallware Import Prices by Country in Middle East

In 2017, the glass smallware import price in Middle East amounted to $X per ton, coming down by -X% against the previous year. The glass smallware import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. In that year, the import prices for glass smallware reached their peak level of $X per kg. From 2013 to 2017, growth of the import prices for glass smallware stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the United Arab Emirates ($X per kg), while Oman ($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 the United Arab Emirates (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform