Middle East: Base Metal Ornament Market 2020

Base Metal Ornament Exports in Middle East

The exports totaled X tons in 2017, going up by X% against the previous year. The base metal ornament exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, base metal ornament exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The level of exports peaked in 2017, and are likely to continue its growth in the immediate term.

Base Metal Ornament Exports by Country in Middle East

In 2017, Turkey (X tons) represented the major exporter for statuettes, frames, mirrors and other ornaments of base metal, mixed up X% of total exports. The United Arab Emirates (X tons) held the second position in the ranking, distantly followed by Iran (X tons). All these countries together took approx. X% share of total exports. Israel (X tons) held the minor share of total exports.

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

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iran ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Iran (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Base Metal Ornament Export Prices by Country in Middle East

In 2017, the base metal ornament export price in Middle East amounted to $X per ton, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013, an increase of X% year-to-year. In that year, the export prices for statuettes, frames, mirrors and other ornaments of base metal reached their peak level of $X per ton. From 2014 to 2017, growth of the export prices for statuettes, frames, mirrors and other ornaments of base metal stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Israel ($X per kg), while Turkey ($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 Iran (+X% per year), while the other leaders experienced more modest paces of growth.

Base Metal Ornament Imports in Middle East

In 2017, imports of statuettes, frames, mirrors and other ornaments of base metal in Middle East amounted to X tons, picking up by X% against the previous year. The total imports indicated a pronounced expansion 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 base metal ornament imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, base metal ornament imports amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the base metal ornament imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Base Metal Ornament Imports by Country in Middle East

The United Arab Emirates represented the major importer of statuettes, frames, mirrors and other ornaments of base metal in Middle East, with the volume of imports accounting for X tons, which was near X% of total imports in 2017. Saudi Arabia (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Turkey (X%), Iran (X%) and Israel (X%). The following importers - Kuwait (X tons) and Lebanon (X tons) each finished at a X% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +X% from 2007 to 2017. At the same time, Lebanon (+X%), Turkey (+X%), Saudi Arabia (+X%), Iran (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Kuwait (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (-X%), Turkey (-X%) and the United Arab Emirates (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In the United Arab Emirates, base metal ornament imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Israel (+X% per year).

Base Metal Ornament Import Prices by Country in Middle East

The base metal ornament import price in Middle East stood at $X per ton in 2017, approximately equating the previous year. The base metal ornament import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when the import prices increased by X% year-to-year. Over the period under review, the import prices for statuettes, frames, mirrors and other ornaments of base metal reached its maximum level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Israel ($X per ton), while Iran ($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 Iran (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform