Middle East: Hard Plastic Comb Market 2024

Hard Plastic Comb Market Size in the Middle East

The Middle Eastern hard plastic comb market fell dramatically to $X in 2022, dropping by -19.2% against the previous year. Over the period under review, consumption showed a perceptible descent. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Hard Plastic Comb Production in the Middle East

In value terms, hard plastic comb production soared to $X in 2022 estimated in export price. In general, production recorded prominent growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Hard Plastic Comb Exports

Exports in the Middle East

In 2022, overseas shipments of hard rubber or plastic combs were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 58% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, hard plastic comb exports surged to $X in 2022. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 123% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

The United Arab Emirates was the main exporting country with an export of around X tons, which finished at 53% of total exports. It was distantly followed by Turkey (X tons) and Oman (X tons), together mixing up a 42% share of total exports. Iran (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +42.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest hard plastic comb supplying countries in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Oman ($X), with a combined 96% share of total exports.

Oman, with a CAGR of +38.6%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the export price in the Middle East amounted to $X per ton, which is down by -2.8% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hard plastic comb export price increased by +41.7% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by 79% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.2%), while the other leaders experienced a decline in the export price figures.

Hard Plastic Comb Imports

Imports in the Middle East

Hard plastic comb imports dropped to X tons in 2022, which is down by -11.7% compared with the previous year's figure. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by 18% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hard plastic comb imports shrank markedly to $X in 2022. Over the period under review, imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2019 with an increase of 29% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Iraq (X tons), distantly followed by the United Arab Emirates (X tons), Yemen (X tons) and Iran (X tons) were the major importers of hard rubber or plastic combs, together committing 83% of total imports. The following importers - Oman (X tons), Qatar (X tons) and Turkey (X tons) - together made up 9.5% of total imports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +14.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hard plastic comb importing markets in the Middle East were Iraq ($X), the United Arab Emirates ($X) and Yemen ($X), together accounting for 69% of total imports. Iran, Turkey, Qatar and Oman lagged somewhat behind, together comprising a further 19%.

Qatar, with a CAGR of +14.6%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, which is down by -8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2014 when the import price increased by 14% against the previous year. The level of import peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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