Middle East: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in the Middle East

The Middle Eastern market for articles of asbestos-cement, of cellulose fibre-cement dropped slightly to $X in 2023, declining by X% against the previous year. Overall, consumption saw a deep setback. The pace of growth was the most pronounced in 2022 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in the Middle East

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement shrank slightly to $X in 2023 estimated in export price. Overall, production recorded a deep reduction. The pace of growth appeared the most rapid in 2022 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports in the Middle East

In 2023, the amount of articles of asbestos-cement, of cellulose fibre-cement exported in the Middle East fell remarkably to X tons, waning by X% compared with the previous year's figure. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement dropped sharply to $X in 2023. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Israel represented the key exporting country with an export of around X tons, which recorded X% of total exports. The United Arab Emirates (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Lebanon (X%).

Exports from Israel decreased at an average annual rate of X% from 2012 to 2023. Lebanon (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Israel (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Lebanon (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the largest articles of asbestos-cement, of cellulose fibre-cement supplying countries in the Middle East were Israel ($X), Lebanon ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

In terms of the main exporting countries, Lebanon, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lebanon (X%), while the other leaders experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports in the Middle East

In 2023, approx. X tons of articles of asbestos-cement, of cellulose fibre-cement were imported in the Middle East; surging by X% compared with the year before. In general, imports, however, recorded a abrupt downturn. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement soared to $X in 2023. Overall, imports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the main importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Lebanon (X tons) and Iraq (X tons), together mixing up a X% share of total imports. Saudi Arabia (X tons) followed a long way behind the leaders.

Imports into the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2023. At the same time, Iraq (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Lebanon (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Lebanon (X p.p.) and Iraq (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Saudi Arabia (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported articles of asbestos-cement, of cellulose fibre-cement in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Lebanon (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2023, 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.

Source: IndexBox Platform