Middle East: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in the Middle East

In 2022, the Middle Eastern market for boards, sheets, panels, or tiles of gypsum or plaster increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in the Middle East

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster reduced rapidly to $X in 2022 estimated in export price. In general, production, however, saw resilient growth. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports in the Middle East

In 2022, the amount of boards, sheets, panels, or tiles of gypsum or plaster exported in the Middle East fell rapidly to X square meters, declining by X% compared with the year before. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked at X square meters in 2021, and then shrank markedly in the following year.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster amounted to $X in 2022. Overall, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Turkey represented the key exporter of boards, sheets, panels, or tiles of gypsum or plaster in the Middle East, with the volume of exports recording X square meters, which was approx. X% of total exports in 2022. Saudi Arabia (X square meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Oman (X%), the United Arab Emirates (X%) and Iran (X%).

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest board, sheet, panel, tile and similar article of plaster supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

In Turkey, exports of boards, sheets, panels, or tiles of gypsum or plaster increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Oman (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per square meter, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while Saudi Arabia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports in the Middle East

In 2022, the amount of boards, sheets, panels, or tiles of gypsum or plaster imported in the Middle East declined modestly to X square meters, with a decrease of X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports of hit record highs at X square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster amounted to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Iraq represented the key importer of boards, sheets, panels, or tiles of gypsum or plaster in the Middle East, with the volume of imports recording X square meters, which was near X% of total imports in 2022. The United Arab Emirates (X square meters) ranks second in terms of the total imports with a X% share, followed by Qatar (X%), Israel (X%), Jordan (X%), Oman (X%) and Bahrain (X%).

Imports into Iraq increased at an average annual rate of X% from 2012 to 2022. At the same time, Israel (X%), Qatar (X%), Oman (X%), Bahrain (X%), the United Arab Emirates (X%) and Jordan (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Qatar (X p.p.), Israel (X p.p.), Iraq (X p.p.) and the United Arab Emirates (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X), the United Arab Emirates ($X) and Qatar ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Israel, Jordan, Oman and Bahrain lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Israel, with a CAGR of X%, 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

In 2022, the import price in the Middle East amounted to $X per square meter, picking up by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per square meter), while Iraq ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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