Middle East: Linoleum Market 2024

Linoleum Market Size in the Middle East

In 2021, after six years of decline, there was growth in the Middle Eastern linoleum market, when its value increased by 0.4% to $X. In general, consumption, however, continues to indicate a perceptible curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Linoleum Production in the Middle East

In value terms, linoleum production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 8.1% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Linoleum Exports

Exports in the Middle East

In 2021, overseas shipments of linoleum increased by 17% to X square meters, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, showed a deep setback. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, linoleum exports rose markedly to $X in 2021. In general, exports, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 11% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Yemen represented the key exporting country with an export of around X square meters, which accounted for 42% of total exports. The United Arab Emirates (X square meters) took the second position in the ranking, distantly followed by Turkey (X square meters), Jordan (X square meters) and Oman (X square meters). All these countries together took near 52% share of total exports. Syrian Arab Republic (X square meters) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +71.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest linoleum supplying countries in the Middle East were Turkey ($X), Yemen ($X) and the United Arab Emirates ($X), together accounting for 86% of total exports. Jordan, Syrian Arab Republic and Oman lagged somewhat behind, together accounting for a further 11%.

Among the main exporting countries, Oman, with a CAGR of +24.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per square meter, shrinking by -5.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by 24%. Over the period under review, the export prices attained the peak figure at $X per square meter in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while Oman ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+13.1%), while the other leaders experienced mixed trends in the export price figures.

Linoleum Imports

Imports in the Middle East

In 2021, after two years of decline, there was significant growth in purchases abroad of linoleum, when their volume increased by 40% to X square meters. Total imports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +3.8% 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 -22.2% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 52% against the previous year. Over the period under review, imports reached the maximum at X square meters in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, linoleum imports skyrocketed to $X in 2021. In general, imports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2013 when imports increased by 48%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of linoleum, namely Yemen, the United Arab Emirates and Turkey, represented more than two-thirds of total import. It was distantly followed by Syrian Arab Republic (X square meters), Bahrain (X square meters), Kuwait (X square meters) and Iraq (X square meters), together mixing up a 22% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bahrain (with a CAGR of +32.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest linoleum importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Yemen ($X), together comprising 62% of total imports. Iraq, Bahrain, Kuwait and Syrian Arab Republic lagged somewhat behind, together accounting for a further 28%.

In terms of the main importing countries, Bahrain, with a CAGR of +30.2%, recorded the highest growth rate of the value of imports, 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 square meter in 2021, which is down by -8.3% against the previous year. Overall, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the import price increased by 9.8% against the previous year. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Iraq ($X per square meter), while Syrian Arab Republic ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+2.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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