Middle East: Hot-Dipped Metal-Coated Sheet Market 2025

Hot-Dipped Metal-Coated Sheet Market Size in the Middle East

The Middle Eastern hot-dipped metal-coated sheet market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, showed a mild contraction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Hot-Dipped Metal-Coated Sheet Production in the Middle East

In value terms, hot-dipped metal-coated sheet production rose to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 19%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Hot-Dipped Metal-Coated Sheet Exports

Exports in the Middle East

In 2021, approx. X tons of hot-dipped metal-coated sheet were exported in the Middle East; increasing by 147% compared with the year before. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hot-dipped metal-coated sheet exports surged to $X in 2021. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey dominates exports structure, reaching X tons, which was near 90% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), achieving a 7.6% share of total exports.

Turkey was also the fastest-growing in terms of the hot-dipped metal-coated sheet exports, with a CAGR of +30.3% from 2012 to 2021. At the same time, the United Arab Emirates (+12.3%) displayed positive paces of growth. From 2012 to 2021, the share of Turkey increased by +32 percentage points.

In value terms, Turkey ($X) remains the largest hot-dipped metal-coated sheet supplier in the Middle East, comprising 90% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.3% share of total exports.

In Turkey, hot-dipped metal-coated sheet exports increased at an average annual rate of +34.0% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, with an increase of 70% against the previous year. Export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.8%).

Hot-Dipped Metal-Coated Sheet Imports

Imports in the Middle East

In 2021, after five years of decline, there was significant growth in purchases abroad of hot-dipped metal-coated sheet, when their volume increased by 23% to X tons. The total import volume increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, hot-dipped metal-coated sheet imports soared to $X in 2021. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey represented the major importing country with an import of around X tons, which finished at 47% of total imports. Israel (X tons) took the second position in the ranking, followed by the United Arab Emirates (X tons), Saudi Arabia (X tons) and Iraq (X tons). All these countries together took approx. 39% share of total imports. The following importers - Kuwait (X tons) and Iran (X tons) - together made up 5.9% of total imports.

Turkey was also the fastest-growing in terms of the hot-dipped metal-coated sheet imports, with a CAGR of +7.8% from 2012 to 2021. At the same time, Iraq (+5.9%), Israel (+4.6%) and Kuwait (+3.4%) displayed positive paces of growth. By contrast, the United Arab Emirates (-2.8%), Saudi Arabia (-4.3%) and Iran (-15.8%) illustrated a downward trend over the same period. While the share of Turkey (+19 p.p.), Israel (+3 p.p.) and Iraq (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United Arab Emirates (-5.5 p.p.), Saudi Arabia (-6.1 p.p.) and Iran (-11.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported hot-dipped metal-coated sheet in the Middle East, comprising 45% of total imports. The second position in the ranking was held by Israel ($X), with a 14% share of total imports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Turkey stood at +9.0%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+8.1% per year) and the United Arab Emirates (-0.5% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, increasing by 40% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Saudi Arabia ($X per ton) and Kuwait ($X per ton), while Iraq ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :