Middle East: Non-Alloy Aluminium Wire Market 2020

Non-Alloy Aluminium Wire Market Size in Middle East

The revenue of the non-alloy aluminium wire market in Middle East amounted to $X in 2017, jumping by X% against the previous year. The non-alloy aluminium wire consumption continues to indicate a measured drop. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. Over the period under review, the non-alloy aluminium wire market reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Non-Alloy Aluminium Wire Production in Middle East

In 2017, production of non-alloy aluminium wire in Middle East amounted to X tons, remaining stable against the previous year. The non-alloy aluminium wire production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when the output figure increased by X% against the previous year. The volume of non-alloy aluminium wire production peaked in 2017, and is likely to continue its growth in the immediate term.

Non-Alloy Aluminium Wire Exports in Middle East

In 2017, non-alloy aluminium wire exports in Middle East stood at X tons, jumping by X% against the previous year. The non-alloy aluminium wire exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017, when exports increased by X% against the previous year. In that year, the non-alloy aluminium wire exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, non-alloy aluminium wire exports totaled $X in 2017. The non-alloy aluminium wire exports continue to indicate a remarkable expansion. In that year, the non-alloy aluminium wire exports reached their peak level, and are likely to continue its growth in the immediate term.

Non-Alloy Aluminium Wire Exports by Country in Middle East

Bahrain was the largest exporting country with an export of around X tons, which amounted to X% of total exports. Oman (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by the United Arab Emirates (X%) and Turkey (X%). Saudi Arabia (X tons) took the slight share of total exports.

Bahrain was also the fastest growing in terms of the non-alloy aluminium wire exports, with a CAGR of +X% from 2007 to 2017. At the same time, Oman (+X%) and Turkey (+X%) displayed positive paces of growth. By contrast, the United Arab Emirates (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. Saudi Arabia (X%) and the United Arab Emirates (X%) significantly strengthened its position in terms of the global exports, while Turkey, Oman and Bahrain saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, Bahrain ($X) emerged as the largest non-alloy aluminium wire supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Oman ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

In Bahrain, non-alloy aluminium wire exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (+X% per year) and the United Arab Emirates (-X% per year).

Non-Alloy Aluminium Wire Export Prices by Country in Middle East

The non-alloy aluminium wire export price in Middle East stood at $X per ton in 2017, picking up by X% against the previous year. The non-alloy aluminium wire export price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2017, an increase of X% against the previous year. Over the period under review, the export prices for non-alloy aluminium wire reached its maximum level of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Saudi Arabia ($X per ton) and Turkey ($X per ton), while the United Arab Emirates ($X per ton) and Bahrain ($X per ton) were 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 mixed trends in the export price figures.

Non-Alloy Aluminium Wire Imports in Middle East

In 2017, the amount of non-alloy aluminium wire imported in Middle East amounted to X tons, growing by X% against the previous year. The non-alloy aluminium wire imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2015, when it surged by X% against the previous year. In that year, the non-alloy aluminium wire imports attained their peak volume of X tons. From 2016 to 2017, growth of the non-alloy aluminium wire imports stood at a somewhat lower level.

In value terms, non-alloy aluminium wire imports stood at $X in 2017. The total imports indicated a conspicuous growth 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 non-alloy aluminium wire imports decreased by -X% against 2015 indices. In that year, the non-alloy aluminium wire imports reached their peak level of $X. From 2016 to 2017, growth of the non-alloy aluminium wire imports failed to regain its momentum.

Non-Alloy Aluminium Wire Imports by Country in Middle East

Saudi Arabia represented the major importing country with an import of about X tons, which resulted at X% of total imports. Turkey (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Kuwait (X%), the United Arab Emirates (X%) and Jordan (X%). The following importers - Lebanon (X tons) and Bahrain (X tons) each reached a X% share of total imports.

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

In value terms, the largest non-alloy aluminium wire markets worldwide were Saudi Arabia ($X), Turkey ($X) and Kuwait ($X), together accounting for X% of total imports.

In terms of the main importing countries , Turkey (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Non-Alloy Aluminium Wire Import Prices by Country in Middle East

The non-alloy aluminium wire import price in Middle East stood at $X per ton in 2017, picking up by X% against the previous year. The non-alloy aluminium wire import price continues to indicate a significant deduction. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kuwait ($X per ton), while Lebanon ($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 Kuwait (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform