MENA: Other Agglomerates Market 2024

Other Agglomerates Market Size in MENA

The MENA's other agglomerates market dropped markedly to $X in 2022, reducing by X% against the previous year. In general, consumption recorded a slight reduction. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Other Agglomerates Production in MENA

In value terms, other agglomerates production skyrocketed to $X in 2022 estimated in export price. The total production indicated a perceptible 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, production increased by X% against 2020 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Other Agglomerates Exports

Exports in MENA

In 2022, overseas shipments of other agglomerates increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports saw a prominent increase. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, other agglomerates exports soared to $X in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt was the major exporter of other agglomerates in MENA, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. Turkey (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Tunisia (X%). The following exporters - Iran (X tons) and the United Arab Emirates (X tons) - each reached a X% share of total exports.

Egypt experienced a relatively flat trend pattern with regard to volume of exports of other agglomerates. At the same time, Iran (X%), Tunisia (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.), Tunisia (X p.p.) and Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) emerged as the largest other agglomerates supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In Egypt, other agglomerates exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

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 the United Arab Emirates ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

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

Other Agglomerates Imports

Imports in MENA

In 2022, approx. X tons of other agglomerates were imported in MENA; falling by X% compared with the year before. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, other agglomerates imports contracted sharply to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Palestine (X tons) was the largest importer of other agglomerates, committing X% of total imports. Qatar (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Lebanon (X%), the United Arab Emirates (X%), Israel (X%), Kuwait (X%) and Iraq (X%).

From 2012 to 2022, average annual rates of growth with regard to other agglomerates imports into Palestine stood at X%. At the same time, Iraq (X%), Kuwait (X%), Lebanon (X%), Israel (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Palestine, Lebanon, Qatar, Kuwait, Israel and Iraq increased by X, X, X, X, X and X percentage points, respectively.

In value terms, the largest other agglomerates importing markets in MENA were Qatar ($X), Palestine ($X) and the United Arab Emirates ($X), with a combined X% share of total imports. Israel, Iraq, Kuwait and Lebanon lagged somewhat behind, together accounting for a further X%.

Iraq, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 MENA amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The level of import peaked at $X per ton 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 Qatar ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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