Middle East: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in the Middle East

The Middle Eastern market for tiles, flagstones and similar articles of cement, concrete or artificial stone rose slightly to $X in 2021, growing by 4.8% against the previous year. The market value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in the Middle East

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 21% against the previous year. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports in the Middle East

In 2021, overseas shipments of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by -4.4% to X tons, falling for the fourth consecutive year after three years of growth. In general, exports, however, continue to indicate a noticeable increase. The pace of growth was the most pronounced in 2015 when exports increased by 55%. Over the period under review, the exports of reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone totaled $X in 2021. Overall, exports showed a noticeable downturn. The pace of growth was the most pronounced in 2013 when exports increased by 28%. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Israel represented the largest exporter of tiles, flagstones and similar articles of cement, concrete or artificial stone in the Middle East, with the volume of exports amounting to X tons, which was approx. 42% of total exports in 2021. It was distantly followed by Saudi Arabia (X tons), Turkey (X tons) and the United Arab Emirates (X tons), together constituting a 53% share of total exports. The following exporters - Oman (X tons) and Jordan (X tons) - each amounted to a 4.7% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +40.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier in the Middle East, comprising 62% of total exports. The second position in the ranking was held by Turkey ($X), with a 23% share of total exports. It was followed by Saudi Arabia, with a 6.8% share.

In Israel, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by an average annual rate of -7.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+24.7% per year) and Saudi Arabia (+33.9% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, rising by 20% against the previous year. Overall, the export price, however, recorded a abrupt decline. The growth pace was the most rapid in 2014 an increase of 27%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Israel ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+18.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports in the Middle East

In 2021, purchases abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by -10.3% to X tons, falling for the fourth year in a row after three years of growth. In general, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 52% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone soared to $X in 2021. Total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 33% against the previous year. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Bahrain (X tons), distantly followed by Israel (X tons), the United Arab Emirates (X tons), Saudi Arabia (X tons), Kuwait (X tons), Iraq (X tons) and Oman (X tons) were the key importers of tiles, flagstones and similar articles of cement, concrete or artificial stone, together comprising 89% of total imports.

From 2012 to 2021, the biggest increases were recorded for Bahrain (with a CAGR of +33.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Israel ($X) and Iraq ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 65% of total imports. These countries were followed by Kuwait, Bahrain, Saudi Arabia and Oman, which together accounted for a further 19%.

Among the main importing countries, Bahrain, with a CAGR of +16.2%, 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

The import price in the Middle East stood at $X per ton in 2021, rising by 33% against the previous year. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 57%. Over the period under review, import prices reached the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while Bahrain ($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 (+24.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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