Middle East: Metal Letter Clip Market 2025

Metal Letter Clip Market Size in the Middle East

The Middle Eastern metal letter clip market fell remarkably to $X in 2022, with a decrease of -59.2% against the previous year. In general, consumption recorded a pronounced contraction. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

Metal Letter Clip Production in the Middle East

In value terms, metal letter clip production rose modestly to $X in 2022 estimated in export price. In general, production, however, showed a slight increase. The pace of growth was the most pronounced in 2016 with an increase of 120% against the previous year. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the immediate term.

Metal Letter Clip Exports

Exports in the Middle East

In 2022, exports of letter clips, letter corners of base metal in the Middle East soared to X tons, rising by 177% on the previous year. In general, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal letter clip exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 66% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X tons) was the largest exporter of letter clips, letter corners of base metal, creating 74% of total exports. Turkey (X tons) took a 13% share (based on physical terms) of total exports, which put it in second place, followed by Iran (13%).

Exports from the United Arab Emirates increased at an average annual rate of +11.7% from 2012 to 2022. At the same time, Iran (+85.1%) and Turkey (+7.3%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +85.1% from 2012-2022. From 2012 to 2022, the share of Iran increased by +13 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal letter clip supplying countries in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Iran ($X), with a combined 96% share of total exports.

Iran, with a CAGR of +49.1%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, with a decrease of -58% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth was the most pronounced in 2014 an increase of 33%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-5.3%), while the other leaders experienced a decline in the export price figures.

Metal Letter Clip Imports

Imports in the Middle East

In 2022, overseas purchases of letter clips, letter corners of base metal were finally on the rise to reach X tons after four years of decline. Overall, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of 42% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, metal letter clip imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2013 when imports increased by 50% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons) and Turkey (X tons) were the key importers of letter clips, letter corners of base metal in 2022, reaching approx. 33% and 29% of total imports, respectively. It was distantly followed by Iran (X tons), Israel (X tons), Iraq (X tons) and Jordan (X tons), together making up a 29% share of total imports. Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Jordan (with a CAGR of +15.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported letter clips, letter corners of base metal in the Middle East, comprising 46% of total imports. The second position in the ranking was held by Turkey ($X), with a 20% share of total imports. It was followed by Iran, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled +1.0%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+0.7% per year) and Iran (-11.5% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, increasing by 13% against the previous year. Import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal letter clip import price decreased by -4.8% against 2020 indices. The pace of growth was the most pronounced in 2018 when the import price increased by 24% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey ($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 (+6.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :