Middle East: Safety Glass Market 2024

Safety Glass Market Size in the Middle East

The Middle Eastern safety glass market expanded markedly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Safety Glass Production in the Middle East

In value terms, safety glass production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Safety Glass Exports

Exports in the Middle East

After ten years of growth, overseas shipments of safety glass decreased by X% to X square meters in 2022. Overall, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X square meters, and then shrank modestly in the following year.

In value terms, safety glass exports surged to $X in 2022. Total exports indicated a resilient 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Turkey dominates exports structure, recording X square meters, which was approx. X% of total exports in 2022. It was distantly followed by Iran (X square meters), achieving an X% share of total exports. The United Arab Emirates (X square meters) and Israel (X square meters) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to safety glass exports from Turkey stood at X%. At the same time, Iran (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Israel (X%) illustrated a downward trend over the same period. Iran (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest safety glass supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per square meter in 2022, surging by X% against the previous year. In general, the export price, however, recorded a mild contraction. The level of export peaked at $X per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while Iran ($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 the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Safety Glass Imports

Imports in the Middle East

In 2022, purchases abroad of safety glass increased by X% to X square meters, rising for the second consecutive year after two years of decline. In general, imports saw buoyant growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, safety glass imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Turkey dominates imports structure, amounting to X square meters, which was near X% of total imports in 2022. Israel (X square meters) held the second position in the ranking, followed by Saudi Arabia (X square meters). All these countries together took approx. X% share of total imports. The following importers - the United Arab Emirates (X square meters), Kuwait (X square meters) and Iraq (X square meters) - together made up X% of total imports.

Turkey was also the fastest-growing in terms of the safety glass imports, with a CAGR of X% from 2012 to 2022. At the same time, Israel (X%), Kuwait (X%), Saudi Arabia (X%), Iraq (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Turkey (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Iraq, Saudi Arabia and the United Arab Emirates saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported safety glass in the Middle East, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per square meter, waning by X% against the previous year. Overall, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per square meter), while Turkey ($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 Iraq (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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