Middle East: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in the Middle East

In 2022, the Middle Eastern market for PVC floor, wall and ceiling coverings increased by 2% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, saw a perceptible decrease. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of PVC Floor, Wall and Ceiling Coverings in the Middle East

In value terms, production of PVC floor, wall and ceiling coverings shrank to $X in 2022 estimated in export price. In general, production enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of 79% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports in the Middle East

In 2022, overseas shipments of PVC floor, wall and ceiling coverings increased by 38% to X square meters, rising for the fourth year in a row after three years of decline. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 49%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of PVC floor, wall and ceiling coverings soared to $X in 2022. Overall, exports enjoyed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in coverings structure, finishing at X square meters, which was approx. 91% of total exports in 2022. It was distantly followed by the United Arab Emirates (X square meters), generating a 4.8% share of total exports. Israel (X square meters) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to PVC floor, wall and ceiling coverings exports from Turkey stood at +13.1%. At the same time, Israel (+41.6%) and the United Arab Emirates (+6.9%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +41.6% from 2012-2022. From 2012 to 2022, the share of Turkey increased by +12 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest PVC floor, wall and ceiling coverings supplier in the Middle East, comprising 91% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled +11.6%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+12.5% per year) and Israel (+49.5% per year).

Export Prices by Country

The export price in the Middle East stood at $X per square meter in 2022, surging by 6.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 14%. The level of export peaked at $X per square meter in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per square meter), while Turkey ($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 Israel (+5.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports in the Middle East

In 2022, imports of pvc floor, wall and ceiling coverings in the Middle East totaled X square meters, increasing by 3.2% compared with the previous year. The total import volume increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when imports increased by 19%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of PVC floor, wall and ceiling coverings expanded slightly to $X in 2022. The total import value increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 18%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

The United Arab Emirates (X square meters), Saudi Arabia (X square meters), Iraq (X square meters) and Turkey (X square meters) represented roughly 73% of total imports in 2022. Yemen (X square meters) held a 6.7% share (based on physical terms) of total imports, which put it in second place, followed by Israel (6.1%). Qatar (X square meters) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Qatar (with a CAGR of +21.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 58% share of total imports. Iraq, Israel, Yemen and Qatar lagged somewhat behind, together comprising a further 29%.

In terms of the main importing countries, Qatar, with a CAGR of +15.2%, recorded the highest rates of growth with regard to 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

The import price in the Middle East stood at $X per square meter in 2022, approximately equating the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by 10%. As a result, import price reached the peak level of $X per square meter. From 2017 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per square meter), while Yemen ($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 (+0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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