Middle East: Metal Stud-Link Chain Market 2025

Metal Stud-Link Chain Market Size in the Middle East

The Middle Eastern metal stud-link chain market rose significantly to $X in 2021, picking up by 9.1% against the previous year. The total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.0% 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 increased by +78.1% against 2016 indices. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Metal Stud-Link Chain Production in the Middle East

In value terms, metal stud-link chain production dropped markedly to $X in 2021 estimated in export price. Overall, production recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,130%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Metal Stud-Link Chain Exports

Exports in the Middle East

Metal stud-link chain exports surged to X tons in 2021, rising by 37% compared with 2020 figures. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 239%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, metal stud-link chain exports surged to $X in 2021. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 197% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Turkey was the major exporter of iron/steel stud-link chain in the Middle East, with the volume of exports amounting to X tons, which was near 79% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), achieving a 20% share of total exports.

Turkey was also the fastest-growing in terms of the iron/steel stud-link chain exports, with a CAGR of +31.6% from 2012 to 2021. At the same time, the United Arab Emirates (+14.3%) displayed positive paces of growth. Turkey (+38 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -17% from 2012 to 2021, respectively.

In value terms, Turkey ($X) remains the largest metal stud-link chain supplier in the Middle East, comprising 86% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an 8.8% share of total exports.

In Turkey, metal stud-link chain exports expanded at an average annual rate of +31.3% 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 7.2% against the previous year. Over the period under review, the export price, however, showed a mild downturn. The pace of growth was the most pronounced in 2017 an increase of 11%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, 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 (-0.3%).

Metal Stud-Link Chain Imports

Imports in the Middle East

In 2021, the amount of iron/steel stud-link chain imported in the Middle East soared to X tons, increasing by 20% on the year before. Total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +82.3% against 2016 indices. The pace of growth was the most pronounced in 2019 when imports increased by 54% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, metal stud-link chain imports shrank to $X in 2021. Total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.4% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 55% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, accounting for X tons, which was near 73% of total imports in 2021. Iraq (X tons) took a 6.5% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (5.4%). The following importers - Iran (X tons), Israel (X tons), Bahrain (X tons) and Oman (X tons) - together made up 9.3% of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +5.7% from 2012 to 2021. At the same time, Bahrain (+16.2%), Oman (+9.0%), Iraq (+8.8%) and Turkey (+2.4%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +16.2% from 2012-2021. Israel and Iran experienced a relatively flat trend pattern. While the share of the United Arab Emirates (+9.3 p.p.) and Iraq (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Iran (-1.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported iron/steel stud-link chain in the Middle East, comprising 49% of total imports. The second position in the ranking was held by Iraq ($X), with a 14% share of total imports. It was followed by Turkey, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates amounted to +2.3%. In the other countries, the average annual rates were as follows: Iraq (+17.4% per year) and Turkey (+5.3% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, with a decrease of -23% against the previous year. In general, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2016 an increase of 18%. Over the period under review, import prices hit record highs at $X per ton in 2020, and then declined notably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+7.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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