Middle East: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in the Middle East

The Middle Eastern metal advertising sign market amounted to $X in 2020, increasing by X% against the previous year. The total consumption indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. The level of consumption peaked in 2020 and is likely to see steady growth in the immediate term.

Metal Advertising Sign Production in the Middle East

In value terms, metal advertising sign production expanded markedly to $X in 2020 estimated in export prices. The total production indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2010 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level in 2020 and is likely to continue growth in the near future.

Production By Country in the Middle East

Turkey (X tons) remains the largest metal advertising sign producing country in the Middle East, comprising approx. X% of total volume. Moreover, metal advertising sign production in Turkey exceeded the figures recorded by the second-largest producer, the United Arab Emirates (X tons), threefold. Israel (X tons) ranked third in terms of total production with a X% share.

In Turkey, metal advertising sign production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: the United Arab Emirates (+X% per year) and Israel (+X% per year).

Metal Advertising Sign Exports

Exports in the Middle East

In 2020, approx. X tons of metal advertising signs were exported in the Middle East; waning by -X% on the previous year. Over the period under review, exports, however, recorded a modest increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of X tons. From 2019 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, metal advertising sign exports declined markedly to $X in 2020. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. From 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Turkey represented the main exporter of metal advertising signs in the Middle East, with the volume of exports recording X tons, which was approx. X% of total exports in 2020. It was distantly followed by the United Arab Emirates (X tons), mixing up a X% share of total exports. The following exporters - Saudi Arabia (X tons), Israel (X tons), Oman (X tons) and Palestine (X tons) - each recorded an X% share of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2020. At the same time, the United Arab Emirates (+X%), Oman (+X%), Israel (+X%) and Palestine (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +X% from 2007-2020. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.) and the United Arab Emirates (+X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest metal advertising sign supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Israel, with a X% share.

In Turkey, metal advertising sign exports remained relatively stable over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Israel (+X% per year).

Export Prices by Country

The metal advertising sign export price in the Middle East stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the export price showed a mild setback. The pace of growth was the most pronounced in 2011 when the export price increased by X% year-to-year. The level of export peaked at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports in the Middle East

Metal advertising sign imports reduced remarkably to X tons in 2020, which is down by -X% on 2019 figures. Total imports indicated notable growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, metal advertising sign imports declined notably to $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2010 to 2020, the growth imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the largest importer of metal advertising signs in the Middle East, with the volume of imports finishing at X tons, which was near X% of total imports in 2020. It was distantly followed by Iraq (X tons), Oman (X tons), Turkey (X tons) and Saudi Arabia (X tons), together mixing up a X% share of total imports. Israel (X tons), Bahrain (X tons) and Kuwait (X tons) took a minor share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +X% from 2007 to 2020. At the same time, Oman (+X%), Iraq (+X%), Israel (+X%) and Bahrain (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. By contrast, Kuwait (-X%), Turkey (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+X p.p.), Iraq (+X p.p.) and Oman (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Kuwait (-X p.p.), Turkey (-X p.p.) and Saudi Arabia (-X 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 ($X) constitutes the largest market for imported metal advertising signs in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2020, the average annual growth rate of value in the United Arab Emirates amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Saudi Arabia (-X% per year).

Import Prices by Country

The metal advertising sign import price in the Middle East stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the import price saw a perceptible shrinkage. The pace of growth was the most pronounced in 2019 when the import price increased by X% y-o-y. The level of import peaked at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Israel ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Iraq, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :