Middle East: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in the Middle East

The Middle Eastern market for prefabricated buildings of plastics, concrete or aluminium expanded rapidly to $X in 2023, surging by X% against the previous year. Over the period under review, consumption saw a temperate expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in the Middle East

In value terms, production of prefabricated buildings of plastics, concrete or aluminium stood at $X in 2023 estimated in export price. Over the period under review, production enjoyed a noticeable expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports in the Middle East

In 2023, shipments abroad of prefabricated buildings of plastics, concrete or aluminium decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports saw a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium contracted to $X in 2023. Overall, exports recorded a mild shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

Turkey represented the main exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by the United Arab Emirates (X tons), Israel (X tons) and Kuwait (X tons), together achieving a X% share of total exports. Lebanon (X tons), Qatar (X tons) and Saudi Arabia (X tons) took a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to prefabricated buildings of plastics, concrete or aluminium exports from Turkey stood at X%. At the same time, Qatar (X%), Kuwait (X%) and Lebanon (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Israel (X%), the United Arab Emirates (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), Kuwait (X p.p.), Qatar (X p.p.), Lebanon (X p.p.) and Israel (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the United Arab Emirates (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics.

In value terms, the largest prefabricated buildings of plastics, concrete or aluminium supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), with a combined X% share of total exports. Qatar, Kuwait, Saudi Arabia and Lebanon lagged somewhat behind, together comprising a further X%.

Qatar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, almost unchanged from the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2022, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports in the Middle East

In 2023, imports of prefabricated buildings of plastics, concrete or aluminium in the Middle East surged to X tons, jumping by X% compared with 2022 figures. Overall, imports, however, saw a abrupt curtailment. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2023. In general, imports, however, continue to indicate a abrupt slump. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Saudi Arabia (X tons), Iraq (X tons), the United Arab Emirates (X tons), Qatar (X tons) and Turkey (X tons) represented the major importer of prefabricated buildings of plastics, concrete or aluminium in the Middle East, constituting X% of total import. Oman (X tons) took the next position in the ranking, followed by Israel (X tons). All these countries together held near X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Qatar (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the United Arab Emirates ($X), Iraq ($X) and Turkey ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Turkey, 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 mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per ton, leveling off at the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2023.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per ton), while Qatar ($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