Middle East: Metal Polishes Market 2020

Metal Polishes Market Size in Middle East

The revenue of the metal polishes market in Middle East amounted to $X in 2017, coming up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. The level of metal polishes consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Metal Polishes Production in Middle East

In 2017, approx. X tons of metal polishes were produced in Middle East; remaining constant against the previous year. The metal polishes production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, when the output figure increased by X% y-o-y. Over the period under review, the metal polishes production reached its maximum volume in 2017, and is likely to continue its growth in the near future.

Metal Polishes Exports in Middle East

In 2017, the amount of metal polishes exported in Middle East totaled X tons, coming down by -X% against the previous year. The metal polishes exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. In that year, the metal polishes exports reached their peak volume of X tons. From 2011 to 2017, growth of the metal polishes exports failed to regain its momentum.

In value terms, metal polishes exports totaled $X in 2017. The metal polishes exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Metal Polishes Exports by Country in Middle East

Turkey represented the main exporter of metal polishes in Middle East, with the volume of exports recording X tons, which was approx. X% of total exports in 2017. It was distantly followed by Lebanon (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons), together comprising X% share of total exports.

Exports from Turkey decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Lebanon (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. Turkey (X%) and Saudi Arabia (X%) significantly strengthened its position in terms of the global exports, while Lebanon saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest metal polishes supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Lebanon ($X), with a X% share of global exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Lebanon (+X% per year) and Saudi Arabia (+X% per year).

Metal Polishes Export Prices by Country in Middle East

In 2017, the metal polishes export price in Middle East amounted to $X per ton, picking up by X% against the previous year. The metal polishes export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when the export prices increased by X% y-o-y. Over the period under review, the export prices for metal polishes reached its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Polishes Imports in Middle East

In 2017, the amount of metal polishes imported in Middle East stood at X tons, lowering by -X% against the previous year. The total imports indicated a tangible increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal polishes imports decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2014, with an increase of X% year-to-year. In that year, the metal polishes imports attained their peak volume of X tons. From 2015 to 2017, growth of the metal polishes imports stood at a somewhat lower level.

In value terms, metal polishes imports stood at $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal polishes imports decreased by -X% against 2014 indices. Over the period under review, the metal polishes imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Polishes Imports by Country in Middle East

In 2017, Israel (X tons), the United Arab Emirates (X tons), Syrian Arab Republic (X tons), Iran (X tons), Kuwait (X tons), Saudi Arabia (X tons) and Turkey (X tons) were the largest importers of metal polishes in Middle East, mixed up X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Syrian Arab Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) constitutes the largest market for imported metal polishes in Middle East, making up X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by Turkey, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Israel totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Turkey (-X% per year).

Metal Polishes Import Prices by Country in Middle East

The metal polishes import price in Middle East stood at $X per ton in 2017, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, when the import prices increased by X% y-o-y. Over the period under review, the import prices for metal polishes reached its maximum level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Turkey ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Israel (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform