Middle East: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in the Middle East

In 2022, the Middle Eastern market for boards, sheets, panels, or tiles of gypsum or plaster increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated measured growth 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, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in the Middle East

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster shrank markedly to $X in 2022 estimated in export price. Overall, production posted a strong increase. The pace of growth was the most pronounced in 2021 when the production volume increased by X% 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 Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports in the Middle East

In 2022, shipments abroad of boards, sheets, panels, or tiles of gypsum or plaster decreased by X% to X square meters for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2021, and then fell in the following year.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster soared to $X in 2022. Overall, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, Turkey (X square meters) and Oman (X square meters) were the largest exporters of boards, sheets, panels, or tiles of gypsum or plaster in the Middle East, together reaching approx. X% of total exports. Saudi Arabia (X square meters) held the next position in the ranking, distantly followed by the United Arab Emirates (X square meters). All these countries together held near X% share of total exports. Iran (X square meters) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Oman ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Oman, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per square meter, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Oman ($X per square meter), while Saudi Arabia ($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 (X%), while the other leaders experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports in the Middle East

In 2022, the amount of boards, sheets, panels, or tiles of gypsum or plaster imported in the Middle East reduced to X square meters, which is down by X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Iraq was the main importer of boards, sheets, panels, or tiles of gypsum or plaster in the Middle East, with the volume of imports resulting at X square meters, which was near X% of total imports in 2022. The United Arab Emirates (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Qatar (X%), Jordan (X%), Israel (X%) and Bahrain (X%). Lebanon (X square meters) and Oman (X square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to board, sheet, panel, tile and similar article of plaster imports into Iraq stood at X%. At the same time, Israel (X%), Qatar (X%), Bahrain (X%), Jordan (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Oman experienced a relatively flat trend pattern. By contrast, Lebanon (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Qatar, Israel, Iraq, the United Arab Emirates and Jordan increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest board, sheet, panel, tile and similar article of plaster importing markets in the Middle East were Iraq ($X), the United Arab Emirates ($X) and Qatar ($X), with a combined X% share of total imports. Jordan, Israel, Oman, Lebanon and Bahrain lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Israel, with a CAGR of X%, saw 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

In 2022, the import price in the Middle East amounted to $X per square meter, jumping by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per square meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Israel ($X per square meter), while Iraq ($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 Jordan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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