Middle East: Market for Rubber-to-Metal and Moulded Articles 2025

Market Size for Rubber-to-Metal and Moulded Articles in the Middle East

In 2021, the Middle Eastern rubber-to-metal and moulded article market decreased by -32.3% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a noticeable setback. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Rubber-to-Metal and Moulded Articles in the Middle East

In value terms, rubber-to-metal and moulded article production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 102% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports in the Middle East

Rubber-to-metal and moulded article exports expanded sharply to X tons in 2021, with an increase of 13% compared with the year before. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article exports soared to $X in 2021. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, recording X tons, which was approx. 95% of total exports in 2021. The United Arab Emirates (X tons) held a relatively small share of total exports.

Exports from Turkey increased at an average annual rate of +3.5% from 2012 to 2021. At the same time, the United Arab Emirates (+11.6%) 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 +11.6% from 2012-2021. While the share of the United Arab Emirates (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Turkey (-2.1 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest rubber-to-metal and moulded article supplier in the Middle East, comprising 94% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 3.3% share of total exports.

In Turkey, rubber-to-metal and moulded article exports expanded at an average annual rate of +2.0% over the period from 2012-2021.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, increasing by 3.3% against the previous year. Over the period under review, the export price, however, showed a slight decrease. The growth pace was the most rapid in 2013 when the export price increased by 6.2%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-1.5%).

Imports of Rubber-to-Metal and Moulded Articles

Imports in the Middle East

In 2021, approx. X tons of rubber-to-metal and moulded articles were imported in the Middle East; picking up by 26% compared with 2020. The total import volume increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article imports surged to $X in 2021. The total import value increased at an average annual rate of +5.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of rubber-to-metal and moulded articles, namely Turkey, the United Arab Emirates and Saudi Arabia, represented more than two-thirds of total import. Iraq (X tons) held the next position in the ranking, followed by Iran (X tons). All these countries together took near 10% share of total imports. The following importers - Kuwait (X tons) and Israel (X tons) - each accounted for a 7.4% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +12.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rubber-to-metal and moulded article importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined 76% share of total imports.

Saudi Arabia, with a CAGR of +14.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, rising by 4.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 6.4% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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 Israel ($X per ton), while Iraq ($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 (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :